Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_09-cv-01610/USCOURTS-caed-2_09-cv-01610-8/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 28:1332 - Diversity: Securities &amp; Exchange Commission Act

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KEVIN P. MUCK (CSB No. 120918) 

CATHERINE KEVANE (CSB No. 215501) 

FENWICK & WEST LLP 

555 California Street, 12th Floor 

San Francisco, California 94104 

Telephone: (415) 875-2300 

Facsimile: (415) 281-1350 

E-mail: kmuck@fenwick.com

 ckevane@fenwick.com 

Attorneys for Defendant 

Orrick, Herrington & Sutcliffe LLP 

UNITED STATES DISTRICT COURT 

EASTERN DISTRICT OF CALIFORNIA 

SACRAMENTO DIVISION 

WILLIAM GEORGE, on behalf of himself and 

all other persons similarly situated, 

 Plaintiff, 

vs. 

CALIFORNIA INFRASTRUCTURE AND 

ECONOMIC DEVELOPMENT BANK, a public 

instrumentality of the State of California and 

ORRICK, HERRINGTON & SUTCLIFFE, LLP, 

an entity, 

 Defendants. 

Case No.: 2:09-CV-01610-GEB-KJN 

STIPULATION AND [PROPOSED] ORDER 

REGARDING FILING OF SECOND 

AMENDED CONSOLIDATED 

COMPLAINT AND RESPONSE THERETO

WHEREAS: 

1. This case, an alleged class action asserting claims under Section 10(b) of the 

Securities Exchange Act of 1934 filed on June 10, 2009 [Docket No. 1], is subject to the 

requirements of the Private Securities Litigation Reform Act of 1995 (“PSLRA”); 

2. Under the PSLRA, all discovery and other proceedings (including initial disclosures 

under Fed. R. Civ. Pro. 26(a)) are stayed until and unless it is determined that the plaintiff can state a 

claim capable of surviving a motion to dismiss (15 U.S.C. § 78u-4(b)(3); Medhekar v. U.S. District 

Court, 99 F.3d 325, 328 (9th Cir. 1996)); 

3. On September 15, 2009, the Court granted the motion of William George (“Lead 

STIPULATION AND [PROPOSED] ORDER RE: 

FILING SACC AND RESPONSE THERETO 

1 CASE NO. 2:09-CV-01610-GEB-KJN 

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Plaintiff”) to be appointed lead plaintiff [Docket No. 39]; 

4. On December 28, 2009, Lead Plaintiff filed a First Amended Consolidated Complaint 

(“FACC”) [Docket No. 52]; 

5. On February 5, 2010, Defendants jointly filed a motion to dismiss the FACC [Docket 

Nos. 57-62], and the Court signed a stipulation and order [Docket No. 56] pursuant to which that 

motion was set for hearing on April 5, 2010 at 9:00 a.m., or at such other time as is convenient for the 

Court; 

6. On March 5, 2010, Lead Plaintiff filed his opposition to Defendants’ motion to 

dismiss [Docket No. 66], and on March 24, 2010, Defendants jointly filed a reply brief [Docket No. 

67]. 

7. On April 2, 2010, the Court issued a minute order [Docket No. 68] stating that 

Defendants’ motion to dismiss was submitted without oral argument and canceling the hearing 

scheduled for April 5, 2010; 

8. On June 10, 2010, the Court issued an Order granting Defendants’ Motion to Dismiss 

the FACC without prejudice [Docket No. 71]; 

9. On June 15, 2010, the Court issued a Minute Order setting the Case Management 

Conference for September 20, 2010; 

10. Lead Plaintiff intends to file a Second Amended Consolidated Complaint (“SACC”); 

11. Lead Plaintiff’s SACC is currently due on June 24, 2010; 

12. The parties have agreed upon a mutually acceptable schedule for the filing of the 

SACC and the briefing and hearing for any subsequent motion to dismiss the SACC filed by 

Defendants. 

THEREFORE, IT IS HEREBY STIPULATED, by and among the undersigned counsel for 

the parties, that: 

1. Lead Plaintiff will file and serve its Second Amended Consolidated Complaint 

(“SACC”) on or before July 12, 2010; 

2. Defendants will move to dismiss the SACC on or before August 13, 2010; 

3. Lead Plaintiff will file and serve any papers in opposition to Defendants’ motion to 

STIPULATION AND [PROPOSED] ORDER RE: 

FILING SACC AND RESPONSE THERETO

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dismiss the SACC on or before September 10, 2010; 

4. Defendants will file and serve any reply papers in support of their motion to dismiss 

on or before October 1, 2010; and 

5. A hearing on Defendants motion to dismiss the SACC will be held on October 25, 

2010 at 9:00 a.m., or at such other time as is convenient for the Court. 

DATED: June __, 2010 MCGRANE GREENFIELD LLP 

By: 

Christopher D. Sullivan 

Attorneys for Plaintiff 

DATED: June __, 2010 FENWICK & WEST LLP 

By: 

Kevin P. Muck 

Attorneys for Defendant 

ORRICK, HERRINGTON & SUTCLIFFE, LLP 

DATED: June __, 2010 ATTORNEY GENERAL OF CALIFORNIA 

By: 

 Jeffrey A. Rich 

 Deputy Attorney General 

Attorneys for Defendant 

CALIFORNIA INFRASTRUCTURE AND 

ECONOMIC DEVELOPMENT BANK 

I certify that a true copy of the foregoing was served electronically via the CM/ECF system 

on all counsel of record on this ___ day of June, 2010. 

STIPULATION AND [PROPOSED] ORDER RE: 

FILING SACC AND RESPONSE THERETO

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ORDER

 PURSUANT TO STIPULATION, IT IS ORDERED AS FOLLOWS: 

1. Lead Plaintiff will file and serve its Second Amended Consolidated Complaint 

(“SACC”) on or before July 12, 2010; 

2. Defendants will move to dismiss the SACC on or before August 13, 2010; 

3. Lead Plaintiff will file and serve any papers in opposition to Defendants’ motion to 

dismiss the SACC on or before September 10, 2010; 

4. Defendants will file and serve any reply papers in support of their motion to dismiss 

on or before October 1, 2010; and 

5. A hearing on Defendants motion to dismiss the SACC will be held on October 18, 

2010 at 9:00 a.m., or at such other time as is convenient for the Court. 

IT IS SO ORDERED. 

Dated: June 18, 2010 

 

STIPULATION AND [PROPOSED] ORDER RE: 

FILING SACC AND RESPONSE THERETO

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