Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-5_05-cv-03395/USCOURTS-cand-5_05-cv-03395-21/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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Case No. C 05-3395 JF (PVT)

ORDER RE INDIVIDUAL DEFENDANTS’ EMERGENCY MOTION FOR STAY OF STATE COURT’S SECOND

UNSEALING ORDER

(JFLC2)

**E-Filed 2/23/07**

NOT FOR CITATION

IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

SAN JOSE DIVISION

IN RE MERCURY INTERACTIVE CORP.

SECURITIES LITIGATION.

Case Number C 05-3395 JF (PVT)

ORDER RE INDIVIDUAL

DEFENDANTS’ EMERGENCY

MOTION FOR STAY OF STATE

COURT’S SECOND UNSEALING

ORDER

[re: doc. no. 255]

On February 13, 2007, the Individual Defendants filed an emergency motion to stay the

order of the Santa Clara Superior Court dated January 24, 2007, unsealing the complaint in the

factually-related state court derivative action. On February 15, 2007, the California Court of

Appeal for the Sixth Appellate District granted a temporary stay of the Superior Court’s January

24 unsealing order. On February 16, 2007, this Court set a hearing on the Individual Defendants’

motion for March 2, 2007 at 9:00 a.m. and ordered that, in the event that the state appellate

court’s stay is lifted prior to that hearing, the Superior Court’s January 24 unsealing order be

further stayed until March 2, 2007 at 5:00 p.m.

Subsequently, the Wall Street Journal obtained a copy of the complaint in the state court

Case 5:05-cv-03395-JF Document 261 Filed 02/23/07 Page 1 of 4
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Case No. C 05-3395 JF (PVT)

ORDER RE INDIVIDUAL DEFENDANTS’ EMERGENCY MOTION FOR STAY OF STATE COURT’S SECOND

UNSEALING ORDER

derivative action and published the complaint on the Internet. On February 20, 2007, the

Superior Court conducted a hearing regarding the effect of the Wall Street Journal’s publication

of the state court complaint, and issued an order sealing all copies of the state court complaint

until February 26, 2007 at noon, at which time it appears that the state court complaint will be

unsealed.

On February 22, 2007, the Individual Defendants filed an emergency motion in this Court

to stay this second unsealing order of the Superior Court. The Individual Defendants take the

position that, although the state court complaint itself was published, the exhibits thereto were

not published and thus there are materials attached to the state court complaint that still are

entitled to protection pending resolution of the Individual Defendants’ motion in this Court. On

February 23, 2007, Lead Plaintiff filed opposition to the Individual Defendants’ motion. The

parties’ briefs are unclear as to the status of the state appellate court’s stay; however, this Court

has determined through direct inquiry that the state appellate court’s stay has not been lifted

notwithstanding the change in circumstances resulting from the publication of the complaint.

In order to permit orderly consideration of this matter, this Court hereby reaffirms its

temporary stay of the unsealing of the complaint and exhibits in the state court action until March

2, 2007 at 5:00 p.m., to the extent that the stay issued by the state appellate court is not already in

effect. Discussion or dissemination of materials already made public by the Wall Street Journal

shall not constitute a violation of this order.

IT IS SO ORDERED.

DATED: 2/23/07

__________________________________

JEREMY FOGEL

United States District Judge

Case 5:05-cv-03395-JF Document 261 Filed 02/23/07 Page 2 of 4
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Case No. C 05-3395 JF (PVT)

ORDER RE INDIVIDUAL DEFENDANTS’ EMERGENCY MOTION FOR STAY OF STATE COURT’S SECOND

UNSEALING ORDER

Copies of Order served on:

Joel H. Bernstein jbernstein@labaton.com

Asim M. Bhansali amb@kvn.com, efiling@kvn.com; gap@kvn.com; pwm@kvn.com

Peter Arthur Binkow info@glancylaw.com, pbinkow@glancylaw.com

Sara B. Brody sara.brody@hellerehrman.com, terri.newman@hellerehrman.com;

Cecilia.Chan@hellerehrman.com; Gary.Padilla@hellerehrman.com;

Sebastian.Jerez@hellerehrman.com

Lucy Edmond Buford lbuford@orrick.com, jknight@orrick.com; sknaster@orrick.com;

vadelman@orrick.com

Howard S. Caro hcaro@hewm.com, gary.padilla@hellerehrman.com;

benjamin.diggs@hellerehrman.com; SFDocCal@hewm.com

Michael Cecchini mcecchini@gibsondunn.com, jhess@gibsondunn.com

Cecilia Y. Chan cecilia.chan@hellerehrman.com

John D. Cline jcline@jonesday.com, tmdanowski@jonesday.com; cyip@jonesday.com

Erica L. Craven elc@lrolaw.com, amw@lrolaw.com

Aaron H. Darsky adarsky@schubert-reed.com,

Kirk Andrew Dublin kdublin@jonesday.com, aius@jonesday.com;

adlangenbach@jonesday.com; tmdanowski@jonesday.com

Alan I. Ellman aellman@labaton.com, cchan@labaton.com

Jeffrey S. Facter jfacter@shearman.com, cflood@shearman.com; rcheatham@shearman.com;

jae.ko@shearman.com

Scott A. Fink sfink@gibsondunn.com, bhonniball@gibsondunn.com

Michael M. Goldberg info@glancylaw.com

Louis J Gottlieb lgottlieb@glrslaw.com,

Azadeh Gowharrizi azadeh.gowharrizi@shearman.com

Alicia G. Huffman alicia.huffman@shearman.com, ron.cheatham@shearman.com;

rcheatham@shearman.com

Benedict Y Hur bhur@kvn.com, efiling@kvn.com; gpeterson@kvn.com

Willem F. Jonckheer wjonckheer@schubert-reed.com

Nicole Acton Jones nicole.jones@hellerehrman.com, harriette.louie@hellerehrman.com

Case 5:05-cv-03395-JF Document 261 Filed 02/23/07 Page 3 of 4
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Case No. C 05-3395 JF (PVT)

ORDER RE INDIVIDUAL DEFENDANTS’ EMERGENCY MOTION FOR STAY OF STATE COURT’S SECOND

UNSEALING ORDER

Christopher J. Keller ckeller@labaton.com, cchan@labaton.com

Jan Nielsen Little jnl@kvn.com, efiling@kvn.com; srg@kvn.com

E. Powell Miller epm@millerlawpc.com, asl@millerlawpc.com

Elise Natalie Milstein emilstein@jonesday.com, mcassidy@jonesday.com

Patrick David Robbins probbins@shearman.com

Adam Richard Sand , Esq arsand@JonesDay.com, mlandsborough@jonesday.com

Michael Adam Schwartz , Esq mschwartz@wolfpopper.com

David R. Scott drscott@scott-scott.com

Michael Todd Scott tscott@orrick.com, adevlin@orrick.com

Arthur L. Shingler , III ashingler@scott-scott.com, ssawyer@scott-scott.com

C. Brandon Wisoff bwisoff@fbm.com, mzappas@fbm.com; calendar@fbm.com

Conor R. Crowley

Donald Delaney

Goodkind Labaton Rudoff & Sucharow LLP

100 Park Avenue

New York, NY 10017

Andrew T. Solomon

Franklin B. Velie

Sullivan & Worcester, LLP

1290 Avenue of the Americas

New York, NY 10104

Robin Wechkin

Heller Ehrman LLP

701 Fifth Avenue

Suite 6100

Seattle, WA 98104

Case 5:05-cv-03395-JF Document 261 Filed 02/23/07 Page 4 of 4