Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-4_19-cv-02935/USCOURTS-cand-4_19-cv-02935-5/pdf.json

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

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STIPULATION AND [PROPOSED] ORDER REGARDING SCHEDULE

CASE NO. 4:19-CV-02935-HSG 

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Lisa R. Bugni (SBN 323962) 

lbugni@kslaw.com 

KING & SPALDING LLP 

101 Second Street, Suite 2300 

San Francisco, CA 94105 

Telephone: 415-318-1234 

Attorneys for Defendant 

PricewaterhouseCoopers LLP 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

JAMES EVERETT HUNT, Individually and 

on Behalf of All Others Similarly Situated, 

Lead Plaintiff, 

vs. 

BLOOM ENERGY CORPORATION, et al., 

Defendants. 

Lead Case No. 4:19-cv-02935-HSG 

CLASS ACTION 

STIPULATION AND [PROPOSED] ORDER 

REGARDING SCHEDULE FOR 

DEFENDANTS’ RESPONSES TO SECOND 

AMENDED COMPLAINT 

Assigned to: Honorable Haywood S. Gilliam, Jr. 

Case 4:19-cv-02935-HSG Document 122 Filed 05/18/20 Page 1 of 6
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STIPULATION AND ORDER REGARDING SCHEDULE

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STIPULATION 

Pursuant to Civil Local Rule 7-12, this stipulation and proposed order is submitted by: 

x Lead Plaintiff James Everett Hunt (“Lead Plaintiff”); 

x Defendants Bloom Energy Corporation, KR Sridhar, Randy Furr, L. John Doerr, 

Colin L. Powell, Scott Sandell, Peter Teti, Eddy Zervigon, Mary K. Bush, Kelly 

A. Ayotte (the “Bloom Energy Defendants”); 

x J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Credit Suisse Securities 

(USA) LLC, KeyBanc Capital Markets Inc., Merrill Lynch, Pierce, Fenner & 

Smith Incorporated, Cowen & Company, LLC, HSBC Securities (USA) Inc., 

Oppenheimer & Co. Inc., Raymond James & Associates, Inc., and Robert W. 

Baird & Co. Incorporated (the “Underwriter Defendants”); and 

x PricewaterhouseCoopers LLP (“PwC,” and together with the Bloom Energy 

Defendants and Underwriter Defendants, “Defendants”). 

WHEREAS: 

1. On May 28, 2019, Elissa M. Roberts filed a federal securities class action in the 

above-captioned matter in the United States District Court, Northern District of California 

against the Bloom Energy Defendants. 

2. On September 3, 2019, following the briefing of lead plaintiff motions, the Hon. 

William H. Orrick appointed James Everett Hunt as Lead Plaintiff and Levi & Korsinsky, LLP 

as Lead Counsel (ECF No. 39). 

3. On November 4, 2019, Lead Plaintiff filed the Amended Complaint for Violations 

of the Federal Securities Laws (the “Amended Complaint”) (ECF No. 49). The Amended 

Complaint alleged violations of the federal securities laws under Sections 11 and 15 of the 

Securities Act of 1933 and Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 

against the Bloom Energy Defendants and named the Underwriter Defendants as defendants only 

under Section 11. 

4. On April 14, 2020, the parties filed a stipulation and proposed order extending the 

deadline to file a second amended complaint and responses (ECF No. 111), which the Court 

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granted on April 15, 2020 (ECF No. 112). 

5. On April 21, 2020, Lead Plaintiff filed a Second Amended Complaint for 

Violations of the Federal Securities Laws (the “Second Amended Complaint”) (ECF No. 113) 

and named PwC as a defendant only under Section 11, in addition to the previously asserted 

claims against the Bloom Energy Defendants and the Underwriter Defendants. 

6. Having just been named as a defendant in the action, PwC has requested 

additional time to respond to the Second Amended Complaint. The Bloom Energy Defendants 

and Underwriter Defendants have requested the same extension so that all Defendants will be on 

the same schedule for responding to the Second Amended Complaint. Lead Plaintiff does not 

oppose Defendants’ request. 

IT IS THEREFORE STIPULATED AND AGREED by Lead Plaintiff and Defendants 

that, subject to the Court’s approval: 

1. The parties’ April 14, 2020 stipulation (Dkt No. 111) and the Court’s April 15, 2020 

order granting that stipulation (Dkt No. 112) are vacated, and Defendants’ obligations 

to respond to Lead Plaintiff’s Second Amended Complaint are instead governed by 

the following provision: 

2. Defendants will answer or move to dismiss the Second Amended Complaint by July 

1, 2020; 

3. If one or more Defendants move to dismiss the Second Amended Complaint, Lead 

Plaintiff will oppose the motions by August 17, 2020, and moving Defendants will 

submit replies in further support of the motions by September 16, 2020. 

IT IS SO STIPULATED. 

Date: May 15, 2020 By: /s/ Adam M. Apton 

Adam M. Apton (SBN 316506) 

 aapton@zlk.com 

 Adam C. McCall (SBN 302130) 

amccall@zlk.com 

LEVI & KORSINSKY, LLP 

388 Market Street, Suite 1300 

San Francisco, CA 94111 

Telephone: 415-373-1671 

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 Nichols I. Porritt (admitted pro hac vice) 

 nporritt@zlk.com 

 LEVI & KORSINSKY, LLP 

 1101 30th Street N.W., Suite 115 

 Washington, D.C. 20009 

Attorneys for Lead Plaintiff 

Date: May 15, 2020 By: /s/ Sara B. Brody 

Sara B. Brody (SBN 130222) 

sbrody@sidley.com 

SIDLEY AUSTIN LLP 

555 California Street, Suite 2000 

San Francisco, CA 94104 

Telephone: 415-772-1279 

Matthew J. Dolan (SBN 291150) 

mdolan@sidley.com 

SIDLEY AUSTIN LLP 

1001 Page Mill Road, Building 1 

Palo Alto, CA 94304 

Telephone: 650-565-7106 

Robin Wechkin (pro hac vice pending) 

rwechkin@sidley.com 

SIDLEY AUSTIN LLP 

1420 Fifth Avenue, Suite 1400 

Seattle, WA 98101 

Telephone: 415-439-1799 

Attorneys for the Bloom Energy Defendants 

Date: May 15, 2020 By: /s/ Charlene S. Shimada 

Charlene S. Shimada 

charlene.shimada@morganlewis.com 

Morgan Lewis & Bockius, LLP 

One Market, Spear Street Tower 

San Francisco, California 94105 

Telephone: 415-442-1475 

Attorneys for J.P. Morgan Securities LLC, 

Morgan Stanley & Co. LLC, Credit Suisse 

Securities (USA) LLC, KeyBanc Capital 

Markets Inc., Merrill Lynch, Pierce, Fenner & 

Smith Incorporated, Cowen & Company, LLC, 

HSBC Securities (USA) Inc., Oppenheimer & 

Co. Inc., Raymond James & Associates, Inc., 

and Robert W. Baird & Co. Incorporated 

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Date: May 15, 2020 By: /s/ Lisa R. Bugni 

 Lisa R. Bugni (SBN 323962) 

 lbugni@kslaw.com 

 KING & SPALDING LLP 

 101 Second Street Suite 2300 

 San Francisco, California 94105 

 Telephone: 415-318-1234 

Attorneys for PricewaterhouseCoopers LLP

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[PROPOSED] ORDER 

Pursuant to the parties’ stipulation, and for good cause shown, IT IS SO ORDERED that: 

1. The parties’ April 14, 2020 stipulation (Dkt No. 111) and the Court’s April 15, 2020 

order granting that stipulation (Dkt No. 112) are vacated, and Defendants’ obligations 

to respond to Lead Plaintiff’s Second Amended Complaint are instead governed by 

the following provision: 

2. Defendants will answer or move to dismiss the Second Amended Complaint by July 

1, 2020; 

3. If one or more Defendants move to dismiss the Second Amended Complaint, Lead 

Plaintiff will oppose the motions by August 17, 2020, and moving Defendants will 

submit replies in further support of the motions by September 16, 2020. 

DATED: ___________, 2020 By: 

Honorable Haywood S. Gilliam, Jr. 

United States District Judge 

 

5/18/2020

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