Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-caed-2_23-cv-01816/USCOURTS-caed-2_23-cv-01816-2/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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STIPULATION REGARDING RESPONSE TO COMPLAINT

BORIS FELDMAN, State Bar No. 128838

boris.feldman@freshfields.com

DORU GAVRIL, State Bar No. 282309

doru.gavril@freshfields.com

CARL HUDSON, State Bar No. 317201

carl.hudson@freshfields.com

FRESHFIELDS BRUCKHAUS DERINGER US LLP

855 Main Street

Redwood City, CA 94063

Telephone: (650) 618-9250

Attorneys for Defendants Origin Materials, Inc.,

Richard J. Riley, John Bissell, and Nate S. Whaley

UNITED STATES DISTRICT COURT

EASTERN DISTRICT OF CALIFORNIA

In re ORIGIN MATERIALS, INC.

SECURITIES LITIGATION

_________________________________

This Document Relates To:

ALL ACTIONS.

Case No. 2:23-cv-01816-WBS-JDP

STIPULATION REGARDING RESPONSE 

TO COMPLAINT

Case 2:23-cv-01816-WBS-JDP Document 28 Filed 11/01/23 Page 1 of 6
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STIPULATION REGARDING RESPONSE TO COMPLAINT

WHEREAS, on August 25, 2023, plaintiff Antonio F. Soto (“Mr. 

Soto”) filed a putative securities class action complaint (the 

“Soto Complaint”) against defendants Origin Materials, Inc., 

Richard J. Riley, John Bissell, and Nate S. Whaley (“Defendants”) 

(ECF No. 1 for Case No. 2:23-cv-01816-WBS-JDP (the “Soto Action”); 

WHEREAS, on October 4, 2023, plaintiff Stephen Jones (“Mr. 

Jones”) filed a putative securities class action complaint (the 

“Jones Complaint”) against defendants Origin Materials, Inc., 

Richard J. Riley, John Bissell, and Nate S. Whaley (“Defendants”) 

(ECF No. 1 for Case No. 2:23-cv-02202-DJC-JDP (the “Jones 

Action”)); 

WHEREAS, on October 19, 2023, this Court consolidated the Soto 

and Jones Actions into In re Origin Materials, Inc. Sec. Litig., 

Master File No. 2:23-cv-01816-WBS-JDP (E.D. Cal.) (ECF No. 12); 

WHEREAS, the Soto and Jones Complaints assert federal 

securities claims arising under the Securities Exchange Act of 

1934, which is governed by the Private Securities Litigation Reform 

Act of 1995 (the “PSLRA”), 15 U.S.C § 78u–4; 

WHEREAS, the PSLRA provides a procedure for the appointment by 

the Court of a lead plaintiff and lead counsel following public 

notice of the Complaints, 15 U.S.C. § 78u-4(a)(3), for which 

opening briefs were filed on October 24, 2023, and for which a 

hearing is set on December 11, 2023; 

WHEREAS, Defendants anticipate that the lead plaintiff 

appointed by the Court will file or designate a consolidated 

complaint, making it unnecessary for Defendants to respond to the 

Soto and Jones Complaints; 

Case 2:23-cv-01816-WBS-JDP Document 28 Filed 11/01/23 Page 2 of 6
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STIPULATION REGARDING RESPONSE TO COMPLAINT

WHEREAS, to conserve their resources and the Court’s resources 

before the appointment of lead plaintiff and lead counsel, Mr. 

Jones, Mr. Soto, and Defendants (collectively, the “Parties”) have 

agreed that Defendants need not respond to the Soto and Jones 

Complaints; and 

WHEREAS, no party has previously requested or received time 

for an extension to respond to the Soto and Jones Complaints; 

IT IS HEREBY STIPULATED AND AGREED among the undersigned 

Parties, and respectfully submitted for the Court’s approval, as 

follows:

1. Defendants are not required to answer, move, or otherwise 

respond to the Soto or Jones Complaints, and do not waive 

any rights, arguments, or defenses by failing to answer, 

move, or otherwise respond to them. 

2. Following appointment of Lead Plaintiff, Defendants will 

confer with Lead Plaintiff's counsel to propose a schedule 

for filing of a consolidated amended complaint and a 

briefing schedule on a motion to dismiss.

3. Pursuant to the PSLRA, “all discovery and other proceedings 

shall be stayed during the pendency of any motion to 

dismiss, unless the court finds upon the motion of any party 

that particularized discovery is necessary,” 15 U.S.C. § 

78u-4(b)(3)(B). The Parties respectfully request that the 

Court vacate the related deadlines (ECF No. 3): 

1. November 27, 2023: Last day to: meet and confer re: 

discovery plan.

2. December 4, 2023: Last day to file Joint Status Report.

Case 2:23-cv-01816-WBS-JDP Document 28 Filed 11/01/23 Page 3 of 6
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STIPULATION REGARDING RESPONSE TO COMPLAINT

Dated: October 30, 2023 FRESHFIELDS BRUCKHAUS DERINGER US LLP

   /s/ Boris Feldman

BORIS FELDMAN 

DORU GAVRIL 

CARL HUDSON 

855 Main Street 

Redwood City, CA 94063 

Telephone: 650/618-9250 

boris.feldman@freshfields.com 

doru.gavril@freshfields.com 

carl.hudson&freshfields.com

Attorneys for Defendants Origin 

Materials, Inc., 

Richard J. Riley, John Bissell, and 

Nate S. Whaley 

BLOCK & LEVITON LLP

Dated: October 30, 2023 /s/ Jacob A. Walker 

 (as authorized on 10/30/2023)

Jacob A. Walker (SBN 271217) 

BLOCK & LEVITON LLP 

400 Concar Drive 

San Mateo, CA 94402 

(650) 781-0025 phone 

jake@blockleviton.com

Attorneys for Plaintiff Antonio F. 

Soto 

Case 2:23-cv-01816-WBS-JDP Document 28 Filed 11/01/23 Page 4 of 6
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STIPULATION REGARDING RESPONSE TO COMPLAINT

POMERANTZ LLP 

Dated: October 30, 2023 /s/ Ari Y. Basser 

 (as authorized on 10/30/2023)

Ari Y. Basser (SBN 272618) 

1100 Glendon Avenue, 15th Floor 

Los Angeles, California 90024 

Telephone: (310) 405-7190 

abasser@pomlaw.com 

POMERANTZ LLP 

Jeremy A. Lieberman 

(pro hac vice application forthcoming) 

J. Alexander Hood II 

(pro hac vice application forthcoming) 

600 Third Avenue 

New York, New York 10016 

Telephone: (212) 661-1100 

Facsimile: (917) 463-1044 

jalieberman@pomlaw.com 

ahood@pomlaw.com 

Attorneys for Plaintiff Stephen Jones 

Case 2:23-cv-01816-WBS-JDP Document 28 Filed 11/01/23 Page 5 of 6
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STIPULATION REGARDING RESPONSE TO COMPLAINT

ORDER

Pursuant to the stipulation, IT IS SO ORDERED:

1.Defendants are not required to answer, move, or otherwise 

 respond to the Soto or Jones Complaints, and do not waive any 

 rights, arguments, or defenses by failing to answer, move, or 

 otherwise respond to them. 

2. Following appointment of Lead Plaintiff, Defendants will 

confer with Lead Plaintiff's counsel to propose a schedule for 

filing of a consolidated amended complaint and a briefing 

schedule on a motion to dismiss.

3. Pursuant to the PSLRA, “all discovery and other proceedings 

shall be stayed during the pendency of any motion to dismiss, 

unless the court finds upon the motion of any party that 

particularized discovery is necessary,” 15 U.S.C. § 78u4(b)(3)(B). 

4. The November 27, 2023 date to meet and confer re discovery 

plan is vacated.

5. February 26, 2024: Last day to file Joint Status Report.

6. The Scheduling Conference currently set for 12/18/2023 is 

continued to March 11, 2024 at 1:30 p.m.

Dated: October 31, 2023

Case 2:23-cv-01816-WBS-JDP Document 28 Filed 11/01/23 Page 6 of 6