Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-5_06-cv-03447/USCOURTS-cand-5_06-cv-03447-9/pdf.json

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

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STIPULATION AND [PROPOSED] ORDER SUSPENDING ACTION AND ALL RELATED PROCEEDINGS

CASE NO. C-06-03447-JW 

sf-2265797

JORDAN ETH (SBN 121617) 

JEth@mofo.com 

CRAIG D. MARTIN (SBN 168195) 

CMartin@mofo.com 

MARK D. GURSKY (SBN 217690) 

MGursky@mofo.com 

MORRISON & FOERSTER LLP

425 Market Street, 32nd Floor 

San Francisco, California 94105-2482 

Telephone: (415) 268-7000 

Facsimile: (415) 268-7522 

ANNA ERICKSON WHITE (SBN 161385) 

AWhite@mofo.com 

MORRISON & FOERSTER LLP

755 Page Mill Road 

Palo Alto, California 94304-1018 

Telephone: (650) 813-5600 

Facsimile: (650) 494-0792 

Attorneys for Nominal Defendant Altera Corporation, 

and Defendants John P. Daane, Robert W. Reed, Denis 

M. Berlan, Katherine E. Schuelke, Robert J. Finocchio, 

Jr., Kevin McGarity, Paul Newhagen, William E. Terry, 

Susan Wang, Charles Clough, Deborah Rieman, John R. 

Fitzhenry, Peter Smyth, Clive McCarthy, and Michael J. 

Ellison 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN JOSE DIVISION 

IN RE ALTERA CORP. DERIVATIVE 

LITIGATION 

This Document Relates To: 

All Actions 

Master File No. C-06-03447-JW 

Assigned to Hon. James Ware 

DERIVATIVE ACTION

STIPULATION AND [PROPOSED] 

ORDER SUSPENDING ACTION AND 

ALL RELATED PROCEEDINGS UP TO 

AND INCLUDING MARCH 31, 2007 

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORN

I

A

IT IS SO ORDERED

Judge James Ware

Case 5:06-cv-03447-JW Document 68 Filed 02/12/07 Page 1 of 6
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28 1 

STIPULATION AND [PROPOSED] ORDER SUSPENDING ACTION AND ALL RELATED PROCEEDINGS

CASE NO. C-06-03447-JW 

sf-2265797

Plaintiffs Alaska Electrical Pension Fund, Wayne County Employees’ Retirement System, 

Michael Nakhimovsky, and Benjamin Savin (collectively, “Plaintiffs”); nominal defendant Altera 

Corporation and individual defendants John P. Daane, Robert W. Reed, Robert J. Finocchio, Jr., 

Kevin McGarity, Paul Newhagen, William E. Terry, Susan Wang, Denis M. Berlan, Nathan M. 

Sarkisian, Rodney Smith, Katherine E. Schuelke, Charles Clough, Deborah Rieman, Michael J. 

Ellison, John R. Fitzhenry, Clive McCarthy, Peter Smyth, and C. Wendell Bergere (collectively, 

“Defendants”)1 stipulate as follows: 

1. On November 30, 2006, Plaintiffs filed a Consolidated Verified Shareholders 

Derivative Complaint (“Consolidated Complaint”). 

2. On January 29, 2007, nominal defendant Altera Corporation filed a motion to 

dismiss the Consolidated Complaint for lack of standing (“Motion”). The Motion is presently set 

for hearing on March 5, 2007. 

3. The individual defendants must respond to the Consolidated Complaint by 

February 9, 2007 pursuant to the Court’s Order of January 12, 2007. 

4. Since the filing of Altera’s Motion, Plaintiffs and Defendants have commenced 

discussions on potential resolution of this dispute without further Court involvement. 

5. To facilitate these discussions and conserve the resources of the Court and parties, 

the parties agree to temporarily suspend this action and all related proceedings up to and including 

March 31, 2007. 

6. In this connection, the parties further agree that Altera’s Motion, presently set for 

hearing on March 5, 2007, shall be taken off-calendar. The parties agree that the Motion shall be 

reset for hearing, if necessary, on a date mutually agreeable to the parties and the Court. 

ACCORDINGLY, IT IS HEREBY STIPULATED AND AGREED by and between the 

Plaintiffs and the Defendants, through their undersigned counsel of record, that: 

 

1

 Defendant Michael Jacobs is not a party to this stipulation because he has not yet been 

served with the operative complaint and he has not yet otherwise made an appearance in this 

action. 

Case 5:06-cv-03447-JW Document 68 Filed 02/12/07 Page 2 of 6
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28 2 

STIPULATION AND [PROPOSED] ORDER SUSPENDING ACTION AND ALL RELATED PROCEEDINGS

CASE NO. C-06-03447-JW 

sf-2265797

A. This action and all related proceedings are suspended up to and including March 

31, 2007. 

B. Altera’s Motion, presently set for hearing on March 5, 2007, shall be taken offcalendar. After March 31, the Motion shall be reset for hearing, if necessary, on a date mutually 

agreeable to the parties and the Court. At that time, the parties will stipulate to a mutually 

agreeable briefing schedule for any opposition or reply briefs. 

C. After March 31, the parties shall also submit for the Court’s approval, if necessary, 

a schedule for the individual defendants’ response to the Consolidated Complaint. 

 

Dated: February 8, 2007 JORDAN ETH 

ANNA ERICKSON WHITE 

CRAIG MARTIN 

MARK D. GURSKY 

MORRISON & FOERSTER LLP 

By: /s/ Anna Erickson White 

Anna Erickson White 

Attorneys for Nominal Defendant 

Altera Corporation, and Defendants John P. 

Daane, Robert W. Reed, Denis M. Berlan, 

Katherine E. Schuelke, Robert J. Finocchio, 

Jr., Kevin McGarity, Paul Newhagen, 

William E. Terry, Susan Wang, Charles 

Clough, Deborah Rieman, John R. Fitzhenry, 

Peter Smyth, Clive McCarthy, and Michael J. 

Ellison 

I, Mark D. Gursky, am the ECF user whose ID and password are being used to file 

this STIPULATION AND [PROPOSED] ORDER. In compliance with General Order 45, 

X.B., I hereby attest that Anna Erickson White has concurred in this filing.

Case 5:06-cv-03447-JW Document 68 Filed 02/12/07 Page 3 of 6
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28 3 

STIPULATION AND [PROPOSED] ORDER SUSPENDING ACTION AND ALL RELATED PROCEEDINGS

CASE NO. C-06-03447-JW 

sf-2265797

Dated: February 8, 2007 TRAVIS E. DOWNS III 

BENNY C. GOODMAN III 

MONIQUE C. WINKLER 

SHAWN A. WILLIAMS 

LERACH COUGHLIN STOIA GELLER 

RUDMAN & ROBBINS LLP 

By: /s/ Travis E. Downs III 

Travis E. Downs III 

Co-Lead Counsel for Plaintiffs 

I, Mark D. Gursky, am the ECF user whose ID and password are being used to file 

this STIPULATION AND [PROPOSED] ORDER. In compliance with General Order 45, I 

hereby attest that Travis E. Downs III has concurred in this filing. 

Dated: February 8, 2007 WILLIAM KIMBALL 

MORGAN, LEWIS & BOCKIUS LLP 

By: /s/ William Kimball 

William Kimball 

Attorneys for Defendant Rodney Smith 

I, Mark D. Gursky, am the ECF user whose ID and password are being used to file 

this STIPULATION AND [PROPOSED] ORDER. In compliance with General Order 45, 

X.B., I hereby attest that William Kimball has concurred in this filing.

Dated: February 8, 2007 GEORGE BROWN 

HELLER EHRMAN LLP 

By: /s/ George Brown 

George Brown 

Attorneys for Defendant Nathan Sarkisian 

 I, Mark D. Gursky, am the ECF user whose ID and password are being used to file 

this STIPULATION AND [PROPOSED] ORDER. In compliance with General Order 45, 

X.B., I hereby attest that George Brown has concurred in this filing.

Case 5:06-cv-03447-JW Document 68 Filed 02/12/07 Page 4 of 6
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28 4 

STIPULATION AND [PROPOSED] ORDER SUSPENDING ACTION AND ALL RELATED PROCEEDINGS

CASE NO. C-06-03447-JW 

sf-2265797

Dated: February 8, 2007 ERIC L. ZAGAR 

ROBIN WINCHESTER 

EMANUEL SCHACHMUROVE 

SCHIFFRIN BARROWAY TOPAZ & 

KESSLER, LLP 

By: /s/ Eric L. Zagar 

Eric L. Zagar 

Co-Lead Counsel for Plaintiffs 

 I, Mark D. Gursky, am the ECF user whose ID and password are being used to file 

this STIPULATION AND [PROPOSED] ORDER. In compliance with General Order 45, 

X.B., I hereby attest that Eric L. Zagar has concurred in this filing. 

 

Dated: February 8, 2007 HENRY W. ASBILL 

SETH WIENER 

KERRI L. RUTTENBERG 

LEBOEUF, LAMB, GREENE & MACRAE 

LLP 

By: /s/ Seth Wiener 

Seth Wiener 

Attorneys for C. Wendell Bergere 

I, Mark D. Gursky, am the ECF user whose ID and password are being used to file 

this STIPULATION AND [PROPOSED] ORDER. In compliance with General Order 45, 

X.B., I hereby attest that Seth Wiener has concurred in this filing. 

Case 5:06-cv-03447-JW Document 68 Filed 02/12/07 Page 5 of 6
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28 5 

STIPULATION AND [PROPOSED] ORDER SUSPENDING ACTION AND ALL RELATED PROCEEDINGS

CASE NO. C-06-03447-JW 

sf-2265797

ORDER

IT IS HEREBY ORDERED THAT: 

A. This action and all related proceedings are suspended up to and including March 

31, 2007. 

B. Nominal defendant Altera Corporation’s motion to dismiss Plaintiffs’ 

Consolidated Verified Shareholders Derivative Complaint for Lack of Standing, presently set for 

hearing on March 5, 2007, is off-calendar. After March 31, the Motion shall be reset for hearing, 

if necessary, on a date mutually agreeable to the parties and the Court. At that time, the parties 

will stipulate to a mutually agreeable briefing schedule for any opposition or reply briefs. 

C. After March 31, the parties shall also submit for the Court’s approval, if necessary, 

a schedule for the individual defendants’ response to Plaintiffs’ Consolidated Verified 

Shareholders Derivative Complaint. 

Date: ________________ _______________________________ 

Honorable James Ware 

United States District Court Judge 

2/12/2007

The parties shall file a joint status report by 

March 26, 2007. 

Case 5:06-cv-03447-JW Document 68 Filed 02/12/07 Page 6 of 6