Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_14-cv-02571/USCOURTS-caed-2_14-cv-02571-6/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:77 Securities Fraud

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Joint Stip. Deferring Action Pending Mediation 

Case No. 2:14-cv-02571-MCE-KJN 

sf-3612755 

JORDAN ETH (CA SBN 121617)

JEth@mofo.com 

JUDSON E. LOBDELL (CA SBN 146041) 

JLobdell@mofo.com 

ANNE K. DAVIS (CA SBN 267909) 

ADavis@mofo.com 

MORRISON & FOERSTER LLP

425 Market Street 

San Francisco, CA 94105 

Telephone: 415.268.7000 

Fax: 415.268.7522 

Attorneys for Defendants 

MARRONE BIO INNOVATIONS, INC., PAMELA G. 

MARRONE, JAMES B. BOYD, DONALD J. GLIDEWELL, 

ELIN MILLER, RANJEET BHATIA, PAMELA CONTAG, 

TIM FOGARTY, LAWRENCE HOUGH, JOSEPH HUDSON, 

LES LYMAN, RICHARD ROMINGER, SHAUGN 

STANLEY, AND SEAN SCHICKEDANZ 

UNITED STATES DISTRICT COURT 

EASTERN DISTRICT OF CALIFORNIA 

SPECIAL SITUATIONS FUND III QP, L.P., 

SPECIAL SITUATIONS CAYMAN FUND, L.P. 

and DAVID M. FINEMAN, Individually and On 

Behalf of All Others Similarly Situated,, 

Plaintiffs, 

v. 

MARRONE BIO INNOVATIONS, INC., 

PAMELA G. MARRONE, JAMES B. BOYD, 

DONALD J. GLIDEWELL, HECTOR ABSI, 

ELIN MILLER, RANJEET BHATIA, PAMELA 

CONTAG, TIM FOGARTY, LAWRENCE 

HOUGH, JOSEPH HUDSON, LES LYMAN, 

RICHARD ROMINGER, SHAUGN STANLEY, 

SEAN SCHICKENDANZ, and ERNST & 

YOUNG LLP, 

Defendants. 

Case No. 2:14-cv-02571-MCE-KJN

Chief Judge Morrison C. England, Jr. 

JOINT STIPULATION 

DEFERRING ACTION PENDING 

MEDIATION 

Date Filed: November 3, 2014 

Trial Date: None Set 

Case 2:14-cv-02571-MCE-KJN Document 46 Filed 02/04/16 Page 1 of 5
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Joint Stip. Deferring Action Pending Mediation 

Case No. 2:14-cv-02571-MCE-KJN 1

sf-3612755 

Lead plaintiffs Special Situations Fund III QP, L.P. and Special Situations Cayman Fund, 

L.P. (“Lead Plaintiffs”), additional named plaintiff David M. Fineman (“Fineman and, together 

with Lead Plaintiffs, “Plaintiffs”), defendants Marrone Bio Innovations, Inc. (“MBII” or the 

“Company”), Pamela G. Marrone, James B. Boyd, Donald J. Glidewell, Hector Absi, Elin 

Miller, Ranjeet Bhatia, Pamela Contag, Tim Fogarty, Lawrence Hough, Joseph Hudson, Les 

Lyman, Richard Rominger, Shaugn Stanley, and Sean Schickedanz (the “D&O Defendants” and, 

collectively with MBII, the “MBII Defendants”), by and through their undersigned counsel, 

hereby recite and stipulate, subject to the approval of the Court, the following as concerns 

staying the action pending the outcome of a mediation. 

RECITALS 

 WHEREAS, Lead Plaintiffs filed a class action complaint on November 3, 2014 [Docket 

No. 1]; 

 WHEREAS, by Order dated February 13, 2015 [Docket No. 18], this Court consolidated 

related actions, designating No. 2:14-cv-2571 as the Master File, administratively closed the 

related actions, and appointed Special Situations Fund III QP, L.P. and Special Situations 

Cayman Fund, L.P. as Lead Plaintiffs, and Lowenstein Sandler LLP as lead counsel; 

 WHEREAS, by Order dated December 1, 2015, this Court approved the parties’ 

Stipulation (1) Setting Time for Filing of Amended Consolidated Class Action Complaint and 

(2) Establishing Briefing Schedule for Responsive Motion(s) [Docket No. 41]; 

WHEREAS, Lead Plaintiffs filed the Second Amended Consolidated Class Action 

Complaint on January 11, 2016 [Docket No. 44]; 

WHEREAS, Plaintiffs and the MBII Defendants intend to enlist assistance of a mediator 

to help them explore the potential resolution of this action (the “Mediation Proceeding”); 

WHEREAS the MBII Defendants expressly preserve, and do not waive, any and all 

defenses; and 

WHEREAS, the statements made in this Stipulation are for the purposes of this 

Stipulation alone and are not otherwise admissible for any other purpose. 

Case 2:14-cv-02571-MCE-KJN Document 46 Filed 02/04/16 Page 2 of 5
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Joint Stip. Deferring Action Pending Mediation 

Case No. 2:14-cv-02571-MCE-KJN 2

sf-3612755 

STIPULATION 

 THEREFORE, IT IS HEREBY STIPULATED AND AGREED by Plaintiffs and the 

MBII Defendants, through their respective counsel of record, as follows: 

1. With respect to the MBII Defendants, all proceedings before this Court in this 

action are stayed pending the outcome of the Mediation Proceeding; 

2. If the Mediation Proceeding concludes with no resolution of this action, the 

Plaintiffs and the MBII Defendants shall (a) inform the Court that the Mediation Proceeding 

concluded without resolving the action, (b) meet and confer within thirty (30) days following the 

termination of the Mediation Proceeding to discuss a revised briefing schedule for responsive 

motions, and (c) submit a proposed briefing schedule to the Court within fifteen (15) days of the 

meet and confer deadline; 

3. In the event that the Court declines to approve this stipulation, Plaintiffs will not 

seek default and MBII Defendants shall have 60 days from learning that the stipulation was 

denied in order to respond to the complaint. 

Case 2:14-cv-02571-MCE-KJN Document 46 Filed 02/04/16 Page 3 of 5
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Joint Stip. Deferring Action Pending Mediation 

Case No. 2:14-cv-02571-MCE-KJN 3

sf-3612755 

Dated: January 28, 2016 MORRISON & FOERSTER LLP 

By: /s/ Judson E. Lobdell

 Judson E. Lobdell 

JUDSON E. LOBDELL 

JORDAN ETH 

ANNE K. DAVIS 

MORRISON & FOERSTER LLP 

425 Market Street 

San Francisco, CA 94105 

Tel.: 415.268.7000 

Fax: 415.268.7522 

Attorneys for Defendants 

MARRONE BIO INNOVATIONS, INC., 

PAMELA G. MARRONE, JAMES B. 

BOYD, DONALD J. GLIDEWELL, ELIN 

MILLER, RANJEET BHATIA, PAMELA 

CONTAG, TIM FOGARTY, LAWRENCE 

HOUGH, JOSEPH HUDSON, LES 

LYMAN, RICHARD ROMINGER, 

SHAUGN STANLEY, AND SEAN 

SCHICKEDANZ 

Dated: January _____, 2016 LOWENSTEIN SANDLER LLP

By: /s/ Michael J. McGaughey 

 (as authorized 1/28/2016) 

MICHAEL J. MCGAUGHEY 

LOWENSTEIN SANDLER LLP 

390 Lytton Avenue 

Palo Alto, CA 94301 

Tel: 415.288.4545 

Fax: 415.288.4534 

LAWRENCE M. ROLNICK (pro hac vice) 

STEVEN M. HECHT (pro hac vice) 

THOMAS E. REDBURN, JR. (pro hac vice)

LOWENSTEIN SANDLER LLP 

1251 Avenue of the Americas 

New York, NY 10020 

Tel: 212.262.6700 

Fax: 673.597.2400 

Attorneys for Plaintiffs 

SPECIAL SITUATIONS FUNDS III QP, 

L.P., SPECIAL SITUATIONS CAYMAN 

FUND, L.P., AND DAVID M. FINEMAN 

Case 2:14-cv-02571-MCE-KJN Document 46 Filed 02/04/16 Page 4 of 5
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Joint Stip. Deferring Action Pending Mediation 

Case No. 2:14-cv-02571-MCE-KJN 4

sf-3612755 

Dated: January _____, 2016 BROWNSTEIN HYATT FARBER SCHRECK 

LLP

By: /s/ Jonathan C. Sandler

 (as authorized 1/28/2016) 

JONATHAN C. SANDLER 

BROWNSTEIN HYATT FARBER 

SCHRECK LLP 

2049 Century Park East, Suite 3550 

Los Angeles, CA 90067 

Tel.: 310.500.4600 

Fax: 310.500.4602 

JOHN MCDERMOTT (pro hac vice) 

BROWNSTEIN HYATT FARBER 

SCHRECK LLP 

410 Seventeenth Street, Suite 2200 

Denver, CO 80202 

Tel.: 303.223.1118 

Fax: 303.223.0918 

Attorneys for Defendant 

HECTOR ABSI 

ORDER 

 The Court hereby adopts the parties’ above stipulation as its order. The Court 

further orders that every ninety (90) days, beginning ninety (90) days following the date 

this Order is electronically filed, the parties shall file joint status reports updating the 

Court regarding the mediation proceedings. 

IT IS SO ORDERED. 

 Dated: February 3, 2016 

Case 2:14-cv-02571-MCE-KJN Document 46 Filed 02/04/16 Page 5 of 5