Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_06-cv-03817/USCOURTS-cand-3_06-cv-03817-10/pdf.json

Nature of Suit Code: 160
Nature of Suit: Stockholder's Suits
Cause of Action: 15:78m(a) Securities Exchange Act

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ATTORNEYS AT LAW

SAN FRANCISCO 1

STIPULATION & PROPOSED ORDER EXTENDING PLAINTIFFS’ 

DEADLINE TO FILE THEIR AMENDED CONSOLIDATED COMPLAINT

MASTER FILE NO. C-06-3817-WHA

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LATHAM & WATKINS LLP 

 Patrick E. Gibbs (Bar No. 183174) 

 patrick.gibbs@lw.com 

 Philip J. Wang (Bar No. 218349) 

 philip.wang@lw.com 

140 Scott Drive 

Menlo Park, California 94025 

Telephone: (650) 328-4600 

Facsimile: (650) 463-2600 

Attorneys for Nominal Defendant 

CNET NETWORKS, INC. 

LATHAM & WATKINS LLP 

Heather E. Marlow (Bar No. 215261) 

heather.marlow@lw.com 

Risha N. Jamison (Bar No. 230820) 

risha.jamison@lw.com 

505 Montgomery Street, Suite 2000 

San Francisco, California 94111 

Telephone: (415) 391-0600 

Facsimile: (415) 391-8095 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

In re CNET NETWORKS, INC. 

SHAREHOLDER DERIVATIVE 

LITIGATION

____________________________________

This Document Relates To: 

ALL ACTIONS. 

MASTER FILE NO. C-06-3817-WHA 

STIPULATION & [PROPOSED] ORDER 

EXTENDING PLAINTIFFS’ DEADLINE TO 

FILE THEIR AMENDED CONSOLIDATED 

COMPLAINT 

EXPEDITED CONSIDERATION 

RESPECTFULLY REQUESTED

Hon. William H. Alsup 

The parties jointly request that the Court approve the parties’ stipulation that the 

date by which plaintiffs must amend their verified complaint be extended from January 11, 2007 

until February 19, 2007, three weeks after CNET Networks, Inc. (“CNET”) plans to file its 

restated financial statements. 

WHEREAS, on November 16, 2006, this Court ordered the plaintiffs to file an 

amended complaint by January 11, 2007, and ordered defendants to file any motions to dismiss 

the amended complaint by January 25, 2007; 

WHEREAS, this schedule was entered with the expectation that CNET would file 

its restated financial statements some time prior to January 11, thereby allowing plaintiffs to 

amend their complaint based upon information reflected in the restated financial statements; 

Case 3:06-cv-03817-WHA Document 104 Filed 01/10/2007 Page 1 of 6 Case 3:06-cv-03817-WHA Document 105 Filed 01/11/07 Page 1 of 6
ATTORNEYS AT LAW

SAN FRANCISCO 2

STIPULATION & PROPOSED ORDER EXTENDING PLAINTIFFS’ 

DEADLINE TO FILE THEIR AMENDED CONSOLIDATED COMPLAINT

MASTER FILE NO. C-06-3817-WHA

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WHEREAS, at the November 16, 2006 hearing, CNET’s counsel noted that, 

although CNET intended to file its restated financial statements by the end of the year, CNET 

may not meet its then-expected schedule (see November 16, 2006 Hearing Transcript at 27:20-

29:2);

WHEREAS, on January 10, 2007, CNET announced that its restated financial 

statements will be filed on January 29, 2007 (see Press Release Attached as Exhibit A); 

NOW, THEREFORE, the parties hereby stipulate to extend the deadline for 

plaintiffs’ to file their amended verified complaint from January 11, 2007, until February 19, 

2007 (three weeks after CNET will file its restated financial statements). The parties further 

stipulate that the defendants’ responses to plaintiffs’ amended verified complaint be due three 

weeks after the amended verified complaint, on March 12, 2007. 

Given the impending January 11 deadline, the parties respectfully request that the 

Court consider the parties’ request immediately and enter the proposed order attached hereto. 

Dated: January 10, 2007 Respectfully submitted, 

 LATHAM & WATKINS LLP 

 Patrick E. Gibbs 

 Heather E. Marlow 

By /s/ 

 ATTORNEYS FOR NOMINAL 

 DEFENDANT CNET NETWORKS, INC. 

Dated: January 10, 2007 REED SMITH LLP 

 Kenneth J. Philpot 

By /s/ 

 ATTORNEYS FOR RICHARD MARINO 

Dated: January 10, 2007 KATTEN MUCHIN ROSENMAN, LLP 

 Anissa D. Seymour 

By /s/ 

 ATTORNEYS FOR HALSEY MINOR 

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ATTORNEYS AT LAW

SAN FRANCISCO 3

STIPULATION & PROPOSED ORDER EXTENDING PLAINTIFFS’ 

DEADLINE TO FILE THEIR AMENDED CONSOLIDATED COMPLAINT

MASTER FILE NO. C-06-3817-WHA

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Dated: January 10, 2007 SKADDEN, ARPS, SLATE, MEAGHER & 

FLOM LLP 

 James E. Lyons 

 Amy S. Park 

By /s/ 

 ATTORNEYS FOR DOUGLAS WOODRUM 

Dated: January 10, 2007 WILMERHALE 

 Micheal G. Bongiorno 

 Nathan Walker 

By /s/ 

 ATTORNEYS FOR SHELBY BONNIE 

Dated: January 10, 2007 COOLEY GODWARD LLP 

 John C. Dwyer 

 Christopher J. Sundermeier 

 Laura R. Smith 

By /s/ 

ATTORNEYS FOR Individual Defendants 

Shelby W. Bonnie, George E. Mazzotta, Barry 

D. Brigss, John C. Colligan, Peter L.S. Currie, 

Art Fatum, Jarl Mohn, Betsey Nelson, Eric 

Robison, Daniel R. Rosensweig, Lon E. 

Otremba, Eric Hippeau, Mitchell Kertzman 

and Randall T. Mays 

Dated: January 10, 2007 LERACH COUGHLIN STOIA GELLER 

RUDMAN & ROBBINS LLP 

 Travis E. Downs III 

 Benny C. Goodman III 

By /s/ 

LEAD COUNSEL FOR PLAINTIFFS 

/ / / 

/ / / 

/ / / 

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ATTORNEYS AT LAW

SAN FRANCISCO 4

STIPULATION & PROPOSED ORDER EXTENDING PLAINTIFFS’ 

DEADLINE TO FILE THEIR AMENDED CONSOLIDATED COMPLAINT

MASTER FILE NO. C-06-3817-WHA

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[PROPOSED] ORDER

Based on the foregoing, good cause appearing, it is hereby ORDERED that the 

plaintiffs shall file their amended verified complaint on or before February 19, 2007, and 

defendants shall file responses to the amended verified complaint on or before March 12, 2007. 

IT IS SO ORDERED 

DATED this _____ day of January, 2007. 

 

THE HONORABLE WILLIAM H. ALSUP 

United States District Judge 

Case 3:06-cv-03817-WHA Document 104 Filed 01/10/2007 Page 4 of 6

February 12,

February 26,

Any motions in response to the amended verified complaint will be heard on the 35-day track.

11th

U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

Judge William Alsup

Case 3:06-cv-03817-WHA Document 105 Filed 01/11/07 Page 4 of 6
EXHIBIT A

Case 3:06-cv-03817-WHA Document 104 Filed 01/10/2007 Page 5 of 6 Case 3:06-cv-03817-WHA Document 105 Filed 01/11/07 Page 5 of 6
CNET Networks Announces Target Date for Filing Restated Financials and to Report Fourth Quarter and 

Full Year 2006 Results on January 29, 2007

SAN FRANCISCO--(BUSINESS WIRE)--Jan. 10, 2007--CNET Networks, Inc. (Nasdaq:CNET) announced today 

that it expects to file restated financial statements as well as delinquent quarterly reports with the Securities and 

Exchange Commission on January 29, 2007. The Company's restated financial statements for the years ended 

December 31, 2003, 2004, and 2005 will be filed as an amended 2005 Annual Report on Form 10-K. The 

company also expects that on January 29, 2007, it will file with the Securities and Exchange Commission an 

amended Form 10-Q for the quarter ended March 31, 2006, as well as the delinquent Quarterly Reports on Form 

10-Q for the quarters ended June 30, 2006, and September 30, 2006. By filing on January 29, 2007, CNET 

Networks expects to meet the conditions of the Nasdaq Listing Qualifications Panel for continued listing of its 

common stock on The Nasdaq Global Select Market. 

The Company also announced today that it will report its fourth quarter and full year 2006 financial results after 

market close on Monday, January 29, 2007. CNET Networks' management will host a conference call beginning 

at 5:00 p.m. ET (2:00 p.m. PT) on January 29, 2007, to review the company's recent financial and operating 

performance and to discuss its business outlook. A live broadcast of the fourth quarter and full year 2006 financial 

results conference call will be available via webcast, which can be accessed by visiting the CNET Networks 

Investor Relations website home page at http://ir.cnetnetworks.com and clicking on the link provided. The 

conference call will also be available by phone by dialing (800) 344-1035 (international: (706) 679-3076) and 

asking to be connected to the "CNET Networks fourth quarter call." A replay of the call will be available through 

an archived webcast at http://ir.cnetnetworks.com and by telephone until February 12, 2007 by dialing (800) 642-

1687 (international: (706) 645-9291) and entering conference ID number 5679070. 

Forward-Looking Statements 

This press release contains forward-looking statements concerning the Company's plans to file with the 

Securities and Exchange Commission restated historical financial statements and delinquent quarterly reports on 

Form 10-Q, statements regarding continued listing of CNET Networks' common stock on the Nasdaq Global 

Select Market and statements regarding the reporting of fourth quarter and full year 2006 financial results. 

There can be no assurance concerning the timing of the Company's restatement process or that the filing of its 

financial statements with the Securities and Exchange Commission will satisfy the Nasdaq Listing Qualifications 

Panel's requirements. Forward-looking statements are made as of the date of this press release and, except as 

required by law, the Company does not undertake an obligation to update its forward-looking statements to reflect 

future events or circumstances. 

About CNET Networks 

CNET Networks, Inc. (Nasdaq:CNET) (www.cnetnetworks.com) is an interactive media company that builds 

brands for people and the things they are passionate about, such as gaming, music, entertainment, technology, 

business, food, and parenting. The Company's leading brands include CNET, GameSpot, TV.com, MP3.com, 

Webshots, CHOW, ZDNet and TechRepublic. Founded in 1993, CNET Networks has a strong presence in the 

US, Asia and Europe. 

CONTACT: CNET Networks, Inc. 

Gloria Lee, 415-344-2975 

Gloria.Lee@cnet.com 

SOURCE: CNET Networks, Inc. 

CNET Networks | Investors |Press Release Page 1 of 1

http://pressreleases.cnetnetworks.com/phoenix.zhtml?c=67325&p=irol-newsArticle_Print... 1/10/2007

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