Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_16-cv-01386/USCOURTS-cand-3_16-cv-01386-13/pdf.json

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

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COOLEY LLP 

ATTORNEYS AT LAW

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STIPULATION AND [PROPOSED] ORDER 

GRANTING ADMINISTRATIVE MOTION 

 3:16-CV-01386-EMC 

COOLEY LLP 

PATRICK E. GIBBS (183174) (pgibbs@cooley.com) 

ALLISON S. DAVIDSON (267964) (adavidson@cooley.com) 

3175 Hanover Street 

Palo Alto, CA 94304-1130 

Telephone: (650) 843-5000 

Facsimile: (650) 849-7400 

Attorneys for Non-Party 

TELESOFT CAPITAL, LLC 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN FRANCISCO DIVISION 

SECURITIES AND EXCHANGE 

COMISSION, 

Plaintiff, 

v. 

JOHN V. BIVONA; SADDLE RIVER 

ADVISORS LLC; SRA MANAGEMENT 

LLC; FRANK GREGORY MAZZOLA, 

Defendants, and 

SRA I LLC; SRA II LLC; SRA III LLC; 

FELIX INVESTMENTRS, LLC; MICHELE 

J. MAZZOLA; ANNE BIVONA; CLEAR 

SAILING GROUP IV LLC; CLEAR 

SAILING GROUP V LLC, 

 Relief Defendants. 

Case No. 3:16-cv-01386-EMC

STIPULATION AND [PROPOSED] ORDER 

GRANTING NON-PARTY TELESOFT 

CAPITAL, LLC’S ADMINISTRATIVE 

MOTION TO REQUEST NOTICE AND AN 

OPPORTUNITY TO BE HEARD

Judge: Hon. Edward Chen 

Case 3:16-cv-01386-EMC Document 146 Filed 10/25/16 Page 1 of 4
COOLEY LLP 

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STIPULATION AND [PROPOSED] ORDER 

GRANTING ADMINISTRATIVE MOTION 

 3:16-CV-01386-EMC 

WHEREAS, on October 11, 2016, the Court entered an order for appointment of Receiver 

in the above-captioned action (“Receiver Order”, Dkt. #142); 

WHEREAS, before the Court is an administrative motion to confirm that non-party 

TeleSoft Capital, LLC (the “Non-Party”) is entitled to notice and an opportunity to be heard 

before the Receiver approves, negotiates for the sale or transfers pre-IPO shares of Palantir 

Technologies, Inc. (“Palantir”), pursuant to Sections IX and XIV of the Receiver Order (the 

“Motion”); 

WHEREAS, Plaintiff and the Receiver do not take any position on the representations 

made in Non-Party’s Motion; 

NOW, THEREFORE, Plaintiff, the Receiver and Non-Party, by and through their 

undersigned counsel, hereby agree and stipulate as follows: 

1. If the Receiver requests the Court’s approval for sales of Palantir shares from the 

Set-Aside Fund, Non-Party is entitled to two-weeks expedited notice, with any opposition by 

Non-Party due in writing five court days after the Receiver’s expedited motion; 

2. In accordance with this Order, the Clerk shall add Non-Party’s undersigned 

counsel to an ECF user in the above-captioned action. 

Respectfully Submitted, 

Dated: October 19, 2016 COOLEY LLP

PATRICK E. GIBBS 

ALLISON S. DAVIDSON 

/s/ Patrick E. Gibbs 

PATRICK E. GIBBS (183174) 

Attorneys for Non-Party 

TELESOFT CAPITAL, LLC 

Case 3:16-cv-01386-EMC Document 146 Filed 10/25/16 Page 2 of 4
COOLEY LLP 

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STIPULATION AND [PROPOSED] ORDER 

GRANTING ADMINISTRATIVE MOTION 

 3:16-CV-01386-EMC 

Dated: October 19, 2016 SECURITIES AND EXCHANGE COMMISSION 

/s/ John S. Yun 

JOHN S. YUN 

Attorneys for Plaintiff 

SECURITIES AND EXCHANGE COMMISSION 

Dated: October 19, 2016 GARTENBERG, GELFAND & HAYTON LLP

JOHN W. COTTON 

/s/ John W. Cotton 

JOHN W. COTTON 

Attorneys for Receiver 

E-FILER’S ATTESTATION 

Pursuant to Civil Local Rule 5.1(i)(3), the undersigned attests that parties to this 

Stipulation have concurred in the filing of this STIPULATION AND [PROPOSED] ORDER 

GRANTING NON-PARTY TELESOFT CAPITAL, LLC’S ADMINISTRATIVE MOTION TO 

REQUEST NOTICE AND AN OPPORTUNITY TO BE HEARD. 

DATED: October 19, 2016 By: /s/ Patrick E. Gibbs 

 Patrick E. Gibbs 

 

Case 3:16-cv-01386-EMC Document 146 Filed 10/25/16 Page 3 of 4
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STIPULATION AND [PROPOSED] ORDER 

GRANTING ADMINISTRATIVE MOTION 

 3:16-CV-01386-EMC 

[PROPOSED] ORDER 

PURSUANT TO STIPULATION, IT IS SO ORDER. 

Dated: October __, 2016 HON. EDWARD CHEN 

United States District Judge 

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U

NITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

IT IS SO ORDERED

Judge Edward M. Chen

Case 3:16-cv-01386-EMC Document 146 Filed 10/25/16 Page 4 of 4