Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-5_03-cv-01299/USCOURTS-cand-5_03-cv-01299-6/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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David S. Lin, No. 156110

LAW OFFICES OF DAVID S. LIN

Attorney at Law

One Park Plaza, Sixth Floor

Irvine, CA 92614

Telephone: 949.833.7107

Facsimile: 949.852.4480

Attorney for Plaintiffs, YuȬPing Cheng, TowȬMing Siow,

Alan Liu, William Chan, Paul Beach, Eric Chen and Paula Chenȱȱȱ

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

YUȬPING CHENG, TOWȬMING SIOW,ȱȱ

ALAN LIU, WILLIAM CHAN, PAUL BEACH

ERIC CHEN and PAULA CHEN,

Plaintiffs,

v.

INFOLOAN, INC., a California Corporation;

VERTIMAX VENTURES, INC. a California

Corporation; JOHN CHEN; JOSEPH CHEN,

individuals, and Does 1Ȭ50, Inclusiveȱȱ

Defendants.

No.ȱȱC03 01299 JW EAI

Honorable James Ware

1. NOTICE OF SETTLEMENT AND

STIPULATION OF THE PARTIES AND

[PROPOSED] ORDER RE: SCHEDULING OF

AN ORDER TO SHOW CAUSE RE:

DISMISSAL WITH PREJUDICE OF THE

ENTIRE ACTION.

ȱȱȱȱȱȱȱ

ȱȱȱȱȱȱȱȱȱȱȱȱ

And Related Action

TO THE HONORABLE COURT, the Hon. James Ware, Judge Presiding, the Parties to this

Action hereby submit the following Notice of Settlement and Stipulation of the Parties to the Court and

[Proposed] Order re: Scheduling of an Order to Show Cause re: Dismissal of the within Action for a date

in the future pursuant to the terms and conditions of a confidential settlement achieved between the

parties.ȱȱPursuant to the settlement agreement, the final act of performance is scheduled to occur on May

15, 2006 and, as such, the Parties hereby request that the Court enter an order conditionally dismissing the

action upon fulfillment of all terms of the settlement entered and/or setting a hearing on an Order to show

NOTICE OF SETTLEMENT AND STIPULATION OF THE PARTIES AND [PROPOSED] ORDER

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORN

I

A

IT IS SO ORDERED

Judge James Ware

Case 5:03-cv-01299-JW Document 108 Filed 04/05/06 Page 1 of 2
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cause re: Dismissal for a date sometime in June 2006.ȱȱNo appearance by any of the Parties shall be

necessary if the settlement terms are complied with by the hearing date set by the Court on this matter.

ȱ ȱ

Dated: March 28, 2006ȱ ȱȱ ȱ ȱ Dated: March 28, 2006

By _____________________ȱȱ ȱ By _____________________________

/S/ David S. Linȱȱ ȱ ȱ ȱ /S/William Siamas

Attorneys for Plaintiffsȱȱ ȱ ȱ Attorneys for Defendants,

ȱȱȱ Infoloan, Inc.,ȱȱ

John Chen and Joseph Chen

Dated:ȱȱMarch 28, 2006

By _____________________________

/S/ David Kaysȱȱ ȱ ȱ ȱ ȱ

Attorneys for Defendants,

Vertimax Ventures

Having read and considered the foregoing, the Court hereby reiterates the vacating of all

prior Court dates scheduled, i.e. Discovery and Motion cutȬoff dates, FSC and Trial Dates set in this Action

and hereby Orders and schedules a further hearing for an Order to Show Cause re: Dismissal of the entire

Action with prejudice to be set for June ____, 2006.ȱȱTo the extent proper dismissals with prejudice of the

Entire Action are timely filed by the Parties to this Action prior to the date of the scheduled Court hearing,

no appearance by the Parties will be or is required.ȱȱȱ

IT IS SO ORDERED.

ȱȱȱȱȱȱ ______________________________

ȱȱȱȱȱȱ Hon. James Ware, Judge Presiding

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NOTICE OF SETTLEMENT AND STIPULATION OF PARTIES AND [PROPOSED] ORDERȱȱ

April 5, 2005

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Case 5:03-cv-01299-JW Document 108 Filed 04/05/06 Page 2 of 2