Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_18-cv-00838/USCOURTS-cand-3_18-cv-00838-1/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:78m(a) Securities Exchange Act

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1442805_2 

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ROBBINS GELLER RUDMAN 

 & DOWD LLP 

SHAWN A. WILLIAMS (213113) 

DANIEL J. PFEFFERBAUM (248631) 

ARMEN ZOHRABIAN (230492) 

Post Montgomery Center 

One Montgomery Street, Suite 1800 

San Francisco, CA 94104 

Telephone: 415/288-4545 

415/288-4534 (fax) 

shawnw@rgrdlaw.com 

dpfefferbaum@rgrdlaw.com 

azohrabian@rgrdlaw.com 

Lead Counsel for Plaintiffs 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

LOGAN HESSEFORT, Individually and on 

Behalf of All Others Similarly Situated, 

Plaintiff, 

vs. 

SUPER MICRO COMPUTER, INC., et al., 

Defendants. 

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Lead Case No. 3:18-cv-00838-JST 

CLASS ACTION 

JOINT STIPULATION AND [PROPOSED] 

ORDER RE: FILING OF CONSOLIDATED 

COMPLAINT BY LEAD PLAINTIFF, 

DEFENDANTS’ RESPONSE THERETO, 

AND CONTINUING INITIAL CASE 

MANAGEMENT CONFERENCE 

Case 3:18-cv-00838-JST Document 49 Filed 06/26/18 Page 1 of 5
1442805_2 JOINT STIP AND [PROPOSED] ORDER RE: FILING OF CONSOLIDATED COMPLAINT BY LEAD 

PLTFF, DEFS’ RESPONSE THERETO, AND CONTINUING INITIAL CMC - 3:18-cv-00838-JST - 1 -

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WHEREAS, on February 8, 2018, two class action complaints were filed against Defendants 

Super Micro Computer, Inc. (the “Company”), Charles Liang, and Howard Hideshima (collectively, 

“Defendants”): (1) Hessefort v. Super Micro Computer, Inc. No 3:18-cv-838 (ECF No. 1), and (2) 

United Union of Roofers, Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. Super 

Micro Computer, Inc., No. 3:18-cv-850-JST (ECF No. 1) (collectively, the “Complaints”); 

WHEREAS, the Complaints allege claims under the federal securities laws, regarding among 

other matters the Company’s failure to timely file its 2017 Annual Report on Form 10-K and other 

financial statements in light of an internal investigation into revenue recognition, that are subject to 

the procedural requirements of the Private Securities Litigation Reform Act of 1995 (“Reform Act”), 

including those set forth in 15 U.S.C. §78u-4; 

WHEREAS, on April 9, 2018, New York Hotel Trades Council & Hotel Association of New 

York City, Inc. Pension Fund (“Pension Fund”) moved for an order: (1) consolidating the related 

actions pursuant to Fed. R. Civ. P. 42(a); (2) appointing the Pension Fund as lead plaintiff; and (3) 

approving the Pension Fund’s selection of Robbins Geller Rudman & Dowd LLP (“Robbins Geller”) 

as lead counsel; 

WHEREAS, on May 8, 2018, the Court found United Union of Roofers, Waterproofers & 

Allied Workers Local Union No. 8 WBPA Fund v. Super Micro Computer, Inc., No. 3:18-cv-850 to 

be related to Hessefort v. Super Micro Computer, Inc., No 3:18-cv-838 (ECF No. 41); 

WHEREAS, on May 9, 2018, the Clerk issued notice that the Initial Case Management 

Conference set for May 24, 2018, was continued to August 29, 2018, and that a Joint Case 

Management Statement was due by 5:00 p.m. on August 20, 2018 (ECF No. 42); 

WHEREAS, on May 25, 2018, the Court appointed the Pension Fund as lead plaintiff, 

approved Plaintiff’s selection of Robbins Geller Rudman & Dowd as lead counsel, and consolidated 

Hessefort v. Super Micro Computer, Inc., No 3:18-cv-838 and United Union of Roofers, 

Waterproofers & Allied Workers Local Union No. 8 WBPA Fund v. Super Micro Computer, Inc., 

No. 3:18-cv-850. ECF No. 46; 

WHEREAS, the Company has not yet filed its SEC Form 10-K for Fiscal Year 2017, or its 

Forms 10-Q for the quarters ended September 30, 2017, December 31, 2017, or March 31, 2018; 

Case 3:18-cv-00838-JST Document 49 Filed 06/26/18 Page 2 of 5
1442805_2 JOINT STIP AND [PROPOSED] ORDER RE: FILING OF CONSOLIDATED COMPLAINT BY LEAD 

PLTFF, DEFS’ RESPONSE THERETO, AND CONTINUING INITIAL CMC - 3:18-cv-00838-JST - 2 -

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WHEREAS, on May 10, 2018, Super Micro Computer, Inc. issued a press release stating that 

“the Nasdaq Hearings Panel (the ‘Panel’) of The Nasdaq Stock Market (‘Nasdaq’) has granted the 

Company’s request to continue its listing on Nasdaq through August 24, 2018, subject to the 

condition that the Company becomes current with its [U.S. Securities and Exchange Commission 

‘SEC’] filings by that date . . .”; 

WHEREAS, because the Company’s anticipated SEC filings (or potential delisting) are 

expected by lead plaintiff to bear directly on lead plaintiff’s allegations and likely will be 

incorporated into a consolidated complaint, the parties propose a schedule, subject to the Court’s 

approval, that allows time for lead plaintiff to assess the content of the Company’s delinquent filings 

with the SEC before filing the consolidated complaint, as well as the continuance of the Initial Case 

Management Conference (and related Joint Case Management Statement); 

WHEREAS, the proposed schedule would help avoid the unnecessary expenditure of judicial 

resources or effort by the Court or the parties; 

WHEREAS, undersigned counsel for Defendants are authorized to accept, and hereby does 

accept, service of the summons and complaint in this matter on behalf of Defendants, without 

prejudice and without waiver of any of Defendants’ defenses, objections, or arguments in this matter 

or any other matter, except as to sufficiency of service of process; and 

WHEREAS, Defendants intend to file a motion to dismiss, which would trigger a stay of 

discovery under the Reform Act, 15 U.S.C. §78u-4(b)(3)(B); 

NOW THEREFORE, the undersigned parties, by and through their counsel of record, 

stipulate as follows: 

1. Defendants hereby waive service of the summons and Complaint and accept service 

of the Complaint as of the date of this Stipulation; 

2. Lead plaintiff shall file and serve a consolidated complaint no later than September 

24, 2018; 

3. Defendants shall file and serve any answer or other response within forty-five (45) 

days of service of the consolidated complaint; 

Case 3:18-cv-00838-JST Document 49 Filed 06/26/18 Page 3 of 5
1442805_2 JOINT STIP AND [PROPOSED] ORDER RE: FILING OF CONSOLIDATED COMPLAINT BY LEAD 

PLTFF, DEFS’ RESPONSE THERETO, AND CONTINUING INITIAL CMC - 3:18-cv-00838-JST - 3 -

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4. Lead plaintiff shall file and serve any opposition to Defendants’ motion to dismiss 

within forty-five (45) days of service of the motion to dismiss; 

5. Defendants shall file and serve any reply brief in support of the motion to dismiss 

within thirty (30) days of service of any opposition brief; and 

6. The Initial Case Management Conference, currently scheduled for August 29, 2018 at 

2:00 p.m., is adjourned to such other date and time as this Court shall order. Until the date of such 

Case Management Conference, the stay of discovery shall remain in place, subject to the parties’ 

right to seek to lift the stay pursuant to 15 U.S.C. §78u-4(b)(3)(B). 

DATED: June 25, 2018 ROBBINS GELLER RUDMAN 

 & DOWD LLP 

SHAWN A. WILLIAMS 

DANIEL J. PFEFFERBAUM 

s/ Daniel J. Pfefferbaum 

 DANIEL J. PFEFFERBAUM 

Post Montgomery Center 

One Montgomery Street, Suite 1800 

San Francisco, CA 94104 

Telephone: 415/288-4545 

415/288-4534 (fax)

Lead Counsel for Plaintiffs 

DATED: June 25, 2018 JONES DAY 

STEPHEN D. HIBBARD 

JOHN C. TANG 

s/ Stephen D. Hibbard

 STEPHEN D. HIBBARD 

555 California Street 

26th Floor 

San Francisco, CA 94104 

Telephone: 415/875-5809 

415/ 875-5700 (fax)

Counsel for Defendants 

Case 3:18-cv-00838-JST Document 49 Filed 06/26/18 Page 4 of 5
1442805_2 JOINT STIP AND [PROPOSED] ORDER RE: FILING OF CONSOLIDATED COMPLAINT BY LEAD 

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I, Daniel J. Pfefferbaum, am the ECF User whose ID and password are being used to file this 

JOINT STIPULATION AND [PROPOSED] ORDER RE: FILING OF CONSOLIDATED 

COMPLAINT BY LEAD PLAINTIFF, DEFENDANTS’ RESPONSE THERETO, AND 

CONTINUING INITIAL CASE MANAGEMENT CONFERENCE. In compliance with Local Rule 

5-1(i)(3), I hereby attest that counsel for Defendants, Stephen D. Hibbard, concurs in this filing. 

Dated: June 25, 2018 

s/ Daniel J. Pfefferbaum 

DANIEL J. PFEFFERBAUM 

* * * 

O R D E R 

IT IS SO ORDERED. 

DATED: _________________________ ____________________________________ 

THE HONORABLE JON S. TIGAR 

UNITED STATES DISTRICT JUDGE 

June 26, 2018

Case 3:18-cv-00838-JST Document 49 Filed 06/26/18 Page 5 of 5