Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_14-cv-01160/USCOURTS-cand-3_14-cv-01160-31/pdf.json

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

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POMERANTZ LLP 

Patrick V. Dahlstrom 

Joshua B. Silverman 

Louis C. Ludwig 

10 South LaSalle, Ste. 3505 

Chicago, Illinois 60603 

Telephone: (312) 377-1181 

Facsimile: (312) 377-1184 

Email: pdahlstrom@pomlaw.com 

jbsilverman@pomlaw.com 

lcludwig@pomlaw.com 

THE ROSEN LAW FIRM, P.A. 

Laurence M. Rosen, Esq. (CSB# 219683) 

275 Madison Avenue, 34th Floor 

New York, New York 10016 

Telephone: (212) 686-1060 

Fax: (212) 202-3827 

Email: lrosen@rosenlegal.com 

Class Counsel 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

KEITH THOMAS, RICHARD HAYES, HERB 

SMITH, and OKLAHOMA POLICE PENSION 

& RETIREMENT SYSTEM, 

 Plaintiffs, 

v. 

MAGNACHIP SEMICONDUCTOR CORP. 

SANG PARK, TAE YOUNG HWANG, 

MARGARET SAKAI, R. DOUGLAS NORBY, 

ILBOK LEE, NADER TAVAKOLI, RANDAL 

KLEIN, MICHAEL ELKINS, AVENUE 

CAPITAL MANAGEMENT II, L.P., 

BARCLAYS CAPITAL INC., DEUTSCHE 

BANK SECURITIES INC., CITIGROUP 

GLOBAL MARKETS INC., UBS 

SECURITIES LLC and NEEDHAM & 

COMPANY, LLC, 

 Defendants. 

 

Case No.: 3:14-cv-01160-JST 

CLASS ACTION 

 Judge: Hon. Jon S. Tigar 

STIPULATION AND PROPOSED 

ORDER 

Case 3:14-cv-01160-JST Document 293 Filed 01/12/17 Page 1 of 3
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All parties, through their undersigned counsel, hereby submit this Stipulation and Proposed 

Order regarding briefing of Defendant Avenue Capital Management II, L.P.’s (“Avenue Capital”) 

anticipated motion to strike Plaintiffs’ second motion for class certification, ECF No. 289: 

WHEREAS, on January 10, 2017, this Court entered an order, ECF No. 291, stating, in part 

“The Court has received Defendant Avenue Capital’s letter brief, ECF No. 290, concerning 

Plaintiffs’ recently-filed second motion for class certification, ECF No. 289. Plaintiffs are ordered 

to respond to that letter by 5:00 p.m. on January 11, 2017, solely with regard to Defendant’s request 

that its obligation to respond to the class certification be held in abeyance so that Defendant can file 

a motion to strike the new class certification motion.... If Plaintiffs do not oppose that request, they 

should present a stipulated briefing schedule for the motion to strike....” 

WHEREAS, Plaintiffs do not oppose the ordering of briefing suggested by Avenue Capital 

and, after consultation with counsel for Avenue Capital, have agreed to the following abbreviated 

schedule. 

NOW, THEREFORE, the undersigned hereby stipulate, subject to Court approval, that: 

1. Avenue Capital shall file a motion to strike on or before January 18, 2017. 

2. Plaintiffs shall file their opposition on or before January 27, 2017. 

3. Avenue Capital shall file any reply on or before February 3, 2017. 

4. Avenue Capital’s obligation to respond to the class certification motion (ECF No. 289) 

shall be held in abeyance during the pendency of the motion to strike. 

Dated: January 11, 2017 

 

IT IS SO STIPULATED: 

AKIN GUMP STRAUSS HAUER 

 & FELD LLP 

/s/ Peter I. Altman

Neal R. Marder (SBN 126879) 

Peter I. Altman (SBN 285292) 

Ali R. Rabbani (SBN 253730) 

Andrew S. Jick (SBN 278943) 

1999 Avenue of the Stars, Suite 600 

Los Angeles, CA 90067-6022 

Telephone: 310.229.1000 

POMERANTZ LLP 

/s/ Joshua B. Silverman 

Patrick V. Dahlstrom 

Joshua B. Silverman 

Louis C. Ludwig 

10 South LaSalle, Ste. 3505 

Chicago, Illinois 60603 

Telephone: (312) 377-1181 

Case 3:14-cv-01160-JST Document 293 Filed 01/12/17 Page 2 of 3
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Facsimile: 310.229.1001 

nmarder@akingump.com 

paltman@akingump.com 

arabbani@akingump.com 

ajick@akingump.com 

Michael A. Asaro 

John C. Murphy 

Sydney S. Spector 

One Bryant Park 

Bank of America Tower 

New York, NY 10036 

Telephone: 212.872.1000 

Facsimile: 212.872.1002 

masaro@akingump.com 

jmurphy@akingump.com 

sspector@akingump.com 

Counsel for Avenue Capital Management II, 

L.P. 

Facsimile: (312) 377-1184 

Email: pdahlstrom@pomlaw.com 

jbsilverman@pomlaw.com 

lcludwig@pomlaw.com 

Marc I. Gross 

Jeremy A. Lieberman 

Michael J. Wernke 

600 Third Avenue, 20th Floor 

New York, New York 10016 

Telephone: (212) 661-1100 

Facsimile: (212) 661-8665 

Email: migross@pomlaw.com 

 jalieberman@pomlaw.com 

 mjwernke@pomlaw.com 

THE ROSEN LAW FIRM, P.A. 

Laurence M. Rosen, Esq. (CSB# 219683) 

275 Madison Avenue, 34th Floor 

New York, New York 10016 

Telephone: (212) 686-1060 

Fax: (212) 202-3827 

Email: lrosen@rosenlegal.com 

Class Counsel 

GLANCY PRONGAY & MURRAY LLP 

Lionel Z. Glancy (CSB# 134180) 

Robert V. Prongay (CSB# 270796) 

1925 Century Park East, Suite 2100 

Los Angeles, CA 90067 

Telephone: (310) 201-9150 

Facsimile: (310) 201-9160 

Email: info@glancylaw.com 

Liaison Counsel 

[PROPOSED] ORDER 

PURSUANT TO STIPULATION, IT IS SO ORDERED. 

Dated: January __, 2017 ___________________________ 

Hon. Jon S. Tigar, 

United States Dist. Judge

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Case 3:14-cv-01160-JST Document 293 Filed 01/12/17 Page 3 of 3