Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_16-cv-00980/USCOURTS-cand-3_16-cv-00980-0/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 28:1331 Fed. Question: Securities Violation

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STIP AND [PROPOSED] ORDER CONTINUING CMC AND EXTENDING TIME TO RESPOND TO COMPLAINT

Case No. 3:16-cv-00980-SI

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JORDAN ETH (CA SBN 121617)

JEth@mofo.com

ANNA ERICKSON WHITE (CA SBN 161385)

AWhite@mofo.com

RYAN M. KEATS (CA SBN 296463)

RKeats@mofo.com

MORRISON & FOERSTER LLP

425 Market Street

San Francisco, California 94105-2482

Telephone: 415.268.7000

Facsimile: 415.268.7522

Attorneys for Defendants

HORTONWORKS, INC., 

ROBERT G. BEARDEN, 

AND SCOTT J. DAVIDSON

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

WILLIAM MONACHELLI, Individually and on 

Behalf of All Others Similarly Situated,

Plaintiff,

v.

HORTONWORKS, INC., ROBERT G. 

BEARDEN, AND SCOTT J. DAVIDSON,

Defendants.

Case No. 3:16-cv-00980-SI

STIPULATION AND 

[PROPOSED] ORDER 

CONTINUING CASE 

MANAGEMENT CONFERENCE 

AND EXTENDING TIME TO

ANSWER OR OTHERWISE 

RESPOND TO COMPLAINT

Judge: Hon. Susan Illston

Ctrm: 1 – 17th Floor

Complaint Filed: Feb. 29, 2016

Trial Date: None Set

Case 3:16-cv-00980-SI Document 19 Filed 04/27/16 Page 1 of 6
STIP AND [PROPOSED] ORDER CONTINUING CMC AND EXTENDING TIME TO RESPOND TO COMPLAINT

Case No. 3:16-cv-00980-SI 1

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This Stipulation is entered into between Defendants Hortonworks, Inc., Robert J. Bearden,

and Scott J. Davidson (“Defendants”) and Plaintiff William Monachelli (“Plaintiff” and 

collectively, with Defendants, the “Parties”). 

WHEREAS, Plaintiff filed a Complaint for Violation of the Federal Securities Laws in 

this action on February 29, 2016 (“the Complaint”);

WHEREAS, Defendants waived service of the Summons and the Complaint in this action 

on March 29, 2016;

WHEREAS, as a federal securities class action governed by the provisions of the Private 

Securities Litigation Reform Act of 1995, 15 U.S.C. §78u-4, et seq., Defendants maintain that this 

action is subject to a mandatory stay of all discovery and other proceedings pending 

determination of a motion to dismiss;

WHEREAS, motions for appointment as Lead Plaintiff and approval of Lead Counsel for 

the putative Class in this action pursuant to the PSLRA are due to be filed on April 29, 2016;

WHEREAS, Defendants’ responses to the Complaint are currently due to be filed on 

April 29, 2016;

WHEREAS, the Parties anticipate that after the Court appoints a Lead Plaintiff, Lead 

Plaintiff will file an Amended Complaint;

WHEREAS, the Parties anticipate that Defendants will move to dismiss Lead Plaintiff’s 

Amended Complaint;

WHEREAS, the Court has scheduled a Case Management Conference (“CMC”) in this 

action for June 17, 2016 at 2:30 p.m. (Dkt. No. 7);

WHEREAS, the Parties believe it would save judicial and Party resources if Defendants’

obligation to answer or otherwise respond to the Complaint is stayed until after this Court has 

appointed a Lead Plaintiff and approved Lead Plaintiff’s selection of Lead Counsel for the Class

and after an Amended Complaint, if any, has been filed by Lead Plaintiff;

WHEREAS, there have been no previous requests for time modifications in this action;

NOW, THEREFORE, IT IS HEREBY STIPULATED AND AGREED by and between 

the undersigned Parties that:

Case 3:16-cv-00980-SI Document 19 Filed 04/27/16 Page 2 of 6
STIP AND [PROPOSED] ORDER CONTINUING CMC AND EXTENDING TIME TO RESPOND TO COMPLAINT

Case No. 3:16-cv-00980-SI 2

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1. Defendants expressly reserve all rights, defenses, and or other objections to the 

Complaint, except insufficient service of process; 

2. Defendants need not answer or otherwise respond to the Complaint in this action 

except as specified herein;

3. Within twenty (20) days after this Court appoints a Lead Plaintiff, the Lead 

Plaintiff and Defendants will submit to the Court a proposed schedule for (i) Lead Plaintiff’s 

filing of an Amended Complaint or designation of the Complaint as the operative complaint in 

this action; (ii) Defendants’ time to answer or otherwise respond to the operative complaint; (iii) 

Lead Plaintiff’s time to respond to any motion to dismiss; and (iv) Defendants’ time to reply with 

respect to the same.

4. The Initial Case Management Conference shall be rescheduled to September 16,

2016 at 2:30 pm or at such subsequent date and time that is convenient for the Court.

Case 3:16-cv-00980-SI Document 19 Filed 04/27/16 Page 3 of 6
STIP AND [PROPOSED] ORDER CONTINUING CMC AND EXTENDING TIME TO RESPOND TO COMPLAINT

Case No. 3:16-cv-00980-SI 3

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Dated: April 26, 2016

Dated: April 26, 2016

MORRISON & FOERSTER LLP

/s/Ryan M. Keats

Jordan Eth 

Anna Erickson White

Ryan M. Keats

425 Market Street

San Francisco, CA 94105

Telephone: 415-268-7000

Facsimile: 415-268-7522

Counsel for Defendants

HORTONWORKS, INC., 

ROBERT G. BEARDEN, 

AND SCOTT J. DAVIDSON

POMERANTZ LLP

/s/J. Alexander Hood II

Jeremy A. Lieberman (Pro Hac Vice)

Matthew Laurence Tuccillo (Pro Hac Vice)

J. Alexander Hood II (Pro Hac Vice)

600 Third Avenue, 20th Floor

New York, New York 10016

Telephone: 212-661-1100

Facsimile: 212-661-8665

POMERANTZ LLP

Jennifer Pafiti (SBN 282790)

468 North Camden Drive

Beverly Hills, CA 90210

Telephone: (818) 532-6499

E-mail: jpafiti@pomlaw.com

Counsel for Plaintiff

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STIP AND [PROPOSED] ORDER CONTINUING CMC AND EXTENDING TIME TO RESPOND TO COMPLAINT

Case No. 3:16-cv-00980-SI 4

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ATTESTATION

I, Ryan M. Keats, am the ECF User whose ID and password are being used to file this 

STIPULATION AND [PROPOSED] ORDER CONTINUING CASE MANAGEMENT 

CONFERENCE AND EXTENDING TIME TO ANSWER OR OTHERWISE RESPOND 

TO COMPLAINT. In compliance with Civil L.R. 5-1, I hereby attest that J. Alexander Hood II

concurred in this filing.

/s/Ryan M. Keats

Ryan M. Keats

Case 3:16-cv-00980-SI Document 19 Filed 04/27/16 Page 5 of 6
STIP AND [PROPOSED] ORDER CONTINUING CMC AND EXTENDING TIME TO RESPOND TO COMPLAINT

Case No. 3:16-cv-00980-SI 1

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ORDER

PURSUANT TO STIPULATION, IT IS SO ORDERED:

1. The June 17, 2016 CMC shall be rescheduled to September 16, 2016, at 2:30 p.m.

DATED: 

Honorable Judge Susan Illston

4/27/16

Case 3:16-cv-00980-SI Document 19 Filed 04/27/16 Page 6 of 6