Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_14-cv-01160/USCOURTS-cand-3_14-cv-01160-8/pdf.json

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

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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO 

DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

3:14-cv-01160-JST 

POMERANTZ LLP

Marc I. Gross

Jeremy A. Lieberman

Michael J. Wernke

600 Third Avenue, 20th Floor

New York, New York 10016

Telephone: (212) 661-1100

Facsimile: (212) 661-8665

Email: migross@pomlaw.com

 jalieberman@pomlaw.com

 mjwernke@pomlaw.com

Lead Counsel for Plaintiffs

GLANCY PRONGAY & MURRAY LLP

Lionel Z. Glancy (CSB# 134180)

Robert V. Prongay (CSB# 270796)

1925 Century Park East, Suite 2100

Los Angeles, California 90067

Telephone: (310) 201-9150

Facsimile: (310) 201-9160

E-mail: info@glancylaw.com

lglancy@glancylaw.com

 rprongay@glancylaw.com 

Liaison Counsel for Plaintiffs

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

KEITH THOMAS, RICHARD HAYES, HERB 

SMITH, and OKLAHOMA POLICE PENSION & 

RETIREMENT SYSTEM,

CASE NO.: 3:14-cv-01160-JST

STIPULATION AND [PROPOSED] 

ORDER AMENDING PLAINTIFFS’ 

PAGE LIMIT FOR THEIR 

OPPOSITIONS TO DEFENDANTS’ 

MOTIONS TO DISMISS THE THIRD 

AMENDED COMPLAINT

Plaintiffs,

v.

MAGNACHIP SEMICONDUCTOR CORP. SANG 

PARK, TAE YOUNG HWANG, MARGARET 

SAKAI, R. DOUGLAS NORBY, ILBOK LEE, 

NADER TAVAKOLI, RANDAL KLEIN, 

MICHAEL ELKINS, AVENUE CAPITAL 

MANAGEMENT II, L.P., BARCLAYS CAPITAL 

INC., DEUTSCHE BANK SECURITIES INC., 

CITIGROUP GLOBAL MARKETS INC., UBS 

SECURITIES LLC and NEEDHAM & COMPANY, 

LLC,

Defendants.

Case 3:14-cv-01160-JST Document 136 Filed 09/21/15 Page 1 of 8
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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO 

DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST 

WHEREAS, pursuant to the Court’s May 7, 2015 Order Granting Defendants’ 

Motion for Order Enlarging Time (the “May 7 Order”) and the Court’s June 15, 2015 Order Re 

Motion to Coordinate and Partially Consolidate a Related Action, Lead Plaintiff Keith Thomas 

and plaintiffs Richard Hayes, Herb Smith, and Oklahoma Police Pension & Retirement System 

(“Plaintiffs”) filed the Third Amended Complaint for Violations of the Federal Securities Laws 

on June 26, 2015; 

WHEREAS, pursuant to the May 7 Order, Defendants filed the following four 

motions to dismiss on July 27, 2015: 

 Defendants MagnaChip Semiconductor Corp., R. Douglas Norby, and 

Ilbok Lee’s Motion to Dismiss Plaintiffs’ Third Amended Complaint and 

Memorandum of Points and Authorities in Support Thereof; 

 Defendants Michael Elkins, Randal Klein, and Avenue Capital 

Management II. L.P.’s Motion to Dismiss Plaintiffs’ Third Amended 

Complaint and Memorandum of Points and Authorities in Support 

Thereof; 

 Defendant Nader Tavakoli’s Motion to Dismiss Plaintiffs’ Third Amended 

Complaint and Memorandum of Points and Authorities in Support 

Thereof; and 

 Underwriter Defendants’ Motion to Dismiss the Third Amended 

Complaint and Memorandum of Points and Authorities in Support Thereof 

WHEREAS, pursuant to the Court’s May 7 Order, Plaintiffs’ opposition briefs 

must be filed by September 25, 2015; 

WHEREAS, pursuant to Local Civil Rule 7-3(a), Plaintiffs are permitted to file an 

opposition brief of 25 pages to each of Defendants’ four motions for a total of 100 pages; 

NOW, THEREFORE, it is hereby stipulated and agreed by the undersigned 

counsel as follows: 

Case 3:14-cv-01160-JST Document 136 Filed 09/21/15 Page 2 of 8
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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO 

DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST 

1. In lieu of filing four opposition briefs, Plaintiffs may file two briefs not to exceed 

a total of seventy (70) pages. 

Dated: September 21, 2015 

POMERANTZ LLP

/s/ Michael J. Wernke

Marc I. Gross

Jeremy A. Lieberman 

Michael J. Wernke

600 Third Avenue, 20th Floor

New York, New York 10016

Telephone: (212) 661-1100

Facsimile: (212) 661-8665

Email: migross@pomlaw.com 

 jalieberman@pomlaw.com

 mjwernke@pomlaw.com 

Lead Counsel for Plaintiffs 

THE ROSEN LAW FIRM, P.A. 

Laurence M. Rosen, Esq. (CSB# 219683)

275 Madison Avenue, 34th Floor

New York, New York 10016

Telephone: (212) 686-1060

Fax: (212) 202-3827

Email: lrosen@rosenlegal.com

Counsel for Plaintiffs

GLANCY PRONGAY & MURRAY LLP

Lionel Z. Glancy (CSB# 134180)

Robert V. Prongay (CSB# 270796)

1925 Century Park East, Suite 2100

Los Angeles, CA 90067

Telephone: (310) 201-9150

Facsimile: (310) 201-9160

Email: info@glancylaw.com

Liaison Counsel for Plaintiffs

ROBBINS GELLER RUDMAN & DOWD LLP

Dennis J. Herman (CSB# 220163)

Case 3:14-cv-01160-JST Document 136 Filed 09/21/15 Page 3 of 8
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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO 

DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST 

Sunny S. Sarkis (CSB# 258073)

Post Montgomery Center

One Montgomery Street, Suite 1800

San Francisco, CA 94104

Telephone: (415) 288-4545

Facsimile: (415)288-4534

dennish@rgrdlaw.com

ssarkis@rgrdlaw.com

Counsel for Plaintiff Oklahoma Police Pension & 

Retirement System

Case 3:14-cv-01160-JST Document 136 Filed 09/21/15 Page 4 of 8
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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO 

DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST 

I, Michael J. Wernke, am the ECF User whose ID and password are being used to file this 

STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR 

THEIR OPPOSITIONS TO DEFENDANTS’ MOTIONS TO DISMISS. In compliance with Civil 

L.R. 5-1(i)(3), I hereby attest that the signatories below have concurred in this filing. 

DATED: September 21, 2015

 POMERANTZ LLP 

/s/ Michael J. Wernke 

Marc I. Gross 

Jeremy A. Lieberman 

Michael J. Wernke 

600 Third Avenue, 20th Floor

New York, New York 10016 

Telephone: (212) 661-1100 

Facsimile: (212) 661-8665 

Email: migross@pomlaw.com 

 jalieberman@pomlaw.com 

 mjwernke@pomlaw.com 

Lead Counsel for Plaintiffs 

 PAUL WEISS, RIFKIND, 

 WHARTON & GARRISON LLP

 

By: /s/ Daniel J. Kramer 

 Daniel J. Kramer* 

Jacqueline P. Rubin* 

Meredith A. Arfa* 

1285 Avenue of the Americas 

New York, NY 10019 

Telephone: (212) 373-3000 

Fax: (212) 757-3990

dkramer@paulweiss.com 

jrubin@paulweiss.com 

marfa@paulweiss.com 

- and - 

Alex Young K. Oh* 

2001 K Street, NW 

Washington, DC 20006-1047

Telephone: (202) 223-7300 

Fax: (202) 223-7420

aoh@paulweiss.com 

*Admitted pro hac vice

Case 3:14-cv-01160-JST Document 136 Filed 09/21/15 Page 5 of 8
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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO 

DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST 

Attorneys for Defendants MagnaChip 

Semiconductor Corp., R. Douglas Norby, 

and Ilbok Lee 

- and –

JONES DAY

John C. Tang 

Kelsey Israel-Trummel 

555 California Street, 26th Floor 

San Francisco, CA 94104 

Telephone: (415) 626-3939 

Fax: (415) 875-5700

jctang@jonesday.com 

kitrummel@jonesday.com 

Attorneys for Defendant 

MagnaChip Semiconductor Corp. 

AKIN GUMP STRAUSS HAUER & 

 FELD LLP 

By: /s/ Michael A. Asaro 

Michael A. Asaro* 

Douglass B. Maynard* 

Stephen M. Baldini* 

John C. Murphy* 

Sydney Spector* 

One Bryant Park

Bank of America Tower 

New York, NY 10036 

Telephone: (212) 872-1000 

Fax: (212) 872-1002

masaro@akingump.com 

dmaynard@akingump.com 

sbaldini@akingump.com 

jmurphy@akingump.com 

sspector@akingump.com 

*Admitted pro hac vice 

-andReginald Steer

Eric Ruehe 

580 California Street, Suite 1500 

San Francisco, CA 94104 

Telephone: 415-765-9500 

Fax: 415-765-9501

rsteer@akingump.com 

eruehe@akingump.com 

Attorneys for Defendants Michael Elkins, 

Case 3:14-cv-01160-JST Document 136 Filed 09/21/15 Page 6 of 8
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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO 

DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST 

Randal Klein and Avenue Capital 

Management II, L.P. 

KASOWITZ, BENSON, TORRES 

& FRIEDMAN LLP 

By: /s/ Daniel J. Fetterman 

Daniel J. Fetterman*

Trevor J. Welch*

 Jason S. Takenouchi 

Brian S. Choi*

1633 Broadway 

New York, NY 10019 

Telephone: (212) 506-1700 

Fax: (212): 506-1800

dfetterman@kasowitz.com 

Attorneys for Defendant Nader Tavakoli 

 *Admitted pro hac vice 

LATHAM & WATKINS LLP 

By: /s/ Patrick E. Gibbs 

Patrick E. Gibbs 

140 Scott Drive 

Menlo Park, California 94025 

Telephone: +1.650.328.4600 

Facsimile: +1.650.463.2600 

Patrick.Gibbs@lw.com

-andJames E. Brandt*

Jason C. Hegt*

885 Third Avenue, Suite 1000 

New York, New York 10022 

Telephone: +1.212-906-1200

Facsimile: +1.212.751-4864 

James.Brandt@lw.com 

Jason.Hegt@lw.com

Attorney for Defendants 

Barclays Capital Inc.; Citigroup Global 

Markets Inc.; Deutsche Bank Securities Inc.; 

Needham & Company, LLC; UBS Securities 

LLC

*Admitted pro hac vice 

Case 3:14-cv-01160-JST Document 136 Filed 09/21/15 Page 7 of 8
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STIPULATION AND [PROPOSED] ORDER AMENDING PLAINTIFFS’ PAGE LIMIT FOR THEIR OPPOSITION TO 

DEFENDANTS’ MOTIONS TO DISMISS THE THIRD AMENDED COMPLAINT

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3:14-cv-01160-JST 

IT IS SO ORDERED.

Dated: September 21, 2015 ___________________________________ 

 Honorable Jon S. Tigar 

 United States District Judge 

Case 3:14-cv-01160-JST Document 136 Filed 09/21/15 Page 8 of 8