Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-4_06-cv-03936/USCOURTS-cand-4_06-cv-03936-6/pdf.json

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

---

ATTORNEYS AT LAW

SILICON VALLEY

NOTICE OF SETTLEMENT AGREEMENT IN PRINCIPLE

AND JOINT REQUEST TO TAKE MOTION TO DISMISS OFF-CALENDAR

CASE NO.: 3-06-CV-03936 MJJ

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

LATHAM & WATKINS LLP 

Patrick E. Gibbs (SBN 183174) 

Jennie Foote Feldman (SBN 248375) 

140 Scott Drive 

Menlo Park, California 94025 

Telephone: (650) 328-4600 

Facsimile: (650) 463-2600 

Attorneys for Defendants Terayon Communication 

Systems, Inc., Zaki Rakib, Jerry D. Chase, Mark A. 

Richman, Edward Lopez, Ray Fritz, Carol 

Lustenader, Matthew Miller, Shlomo Rakib, Doug 

Sabella, Christopher Schaepe, Mark Slaven, Lewis 

Solomon, Howard W. Speaks, Arthur T. Taylor, and 

David Woodrow 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

ADRIAN MONGELI, Individually, And On 

Behalf Of All Others Similarly Situated, 

 Plaintiff, 

 v. 

TERAYON COMMUNICATION 

SYSTEMS, INC., ZAKI RAKIB, JERRY D. 

CHASE, MARK A. RICHMAN, EDWARD 

LOPEZ, RAY FRITZ, CAROL 

LUSTENADER, MATTHEW MILLER, 

SHLOMO RAKIB, DOUG SABELLA, 

CHRISTOPHER SCHAEPE, MARK 

SLAVEN, LEWIS SOLOMON, HOWARD 

W. SPEAKS, ARTHUR T. TAYLOR, 

DAVID WOODROW, and ERNST &

YOUNG, LLP, 

 Defendants. 

CASE NO.: 3-06-CV-03936 MJJ 

CLASS ACTION

NOTICE OF SETTLEMENT IN PRINCIPLE 

AND JOINT REQUEST TO TAKE MOTION 

TO DISMISS OFF-CALENDAR 

Judge: Honorable Martin J. Jenkins 

Case 4:06-cv-03936-CW Document 83 Filed 10/17/07 Page 1 of 2
ATTORNEYS AT LAW

SILICON VALLEY 1

NOTICE OF SETTLEMENT AGREEMENT IN PRINCIPLE

AND JOINT REQUEST TO TAKE MOTION TO DISMISS OFF-CALENDAR

CASE NO.: 3-06-CV-03936 MJJ

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

NOTICE OF SETTLEMENT IN PRINCIPLE AND JOINT

REQUEST TO TAKE MOTION TO DISMISS OFF-CALENDAR 

PLEASE TAKE NOTICE that Terayon Communication Systems, Inc. (“Terayon” or the 

“Company”) and the “Individual Defendants” (as defined below) have reached an agreement in 

principle with Lead Plaintiff Adrian Mongeli, acting on behalf of the putative class, to settle the 

above-captioned matter. The “Individual Defendants” are Zaki Rakib, Jerry D. Chase, Mark A. 

Richman, Edward Lopez, Ray Fritz, Carol Lustenader, Matthew Miller, Shlomo Rakib, Doug 

Sabella, Christopher Schaepe, Mark Slaven, Lewis Solomon, Howard W. Speaks, Arthur T. 

Taylor, and David Woodrow. 

In light of this agreement in principle, and in order to preserve party and judicial 

resources, Terayon, the Individual Defendants and Lead Plaintiff Adrian Mongeli hereby request 

that the Court take off-calendar the motion to dismiss filed by Terayon and the Individual 

Defendants, which is currently scheduled for hearing on October 25, 2007 at 9:30 AM. This 

request does not apply to the motion to dismiss separately filed by Defendant Ernst & Young 

LLP, which is also scheduled for hearing on October 25, 2007 at 9:30 AM. 

Dated: October 4, 2007 Jennie Foote Feldman 

Patrick E. Gibbs 

LATHAM & WATKINS LLP 

By /s/ 

Patrick E. Gibbs 

Attorneys for Terayon Communication 

Systems, Inc. and the Individual Defendants 

Dated: October 4, 2007 Joseph E. White, III 

 SAXENA WHITE, P.A. 

By /s/ 

 Joseph E. White, III 

 Lead Counsel for Lead Plaintiff and the 

 Class

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORN

I

A

IT IS SO ORDERED

Judge Martin J. Jenkins

10/16/07

Case 4:06-cv-03936-CW Document 83 Filed 10/17/07 Page 2 of 2