Document ID: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-4_05-cv-01235/USCOURTS-cand-4_05-cv-01235-0/pdf.json

Parties Involved:
Citicorp Investment Services
Defendant
Douglas Frazier
Plaintiff

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JOINT STATUS REPORT AND REQUEST FOR EXTENSION OF CASE MANAGEMENT CONFERENCE 

CASE NO. C 05-1235 CW

1

CLIFF PALEFSKY(S.B. #77683)

MCGUINN EHRMAN & PALEFSKY

535 Pacific Avenue

San Francisco, CA 94133

Telephone: 415. 421.9292

Facsimile: 415. 403.0202

MICHAEL RUBIN (S.B. #80618)

ALTSHULER, BERZON, NUSSBAUM,

RUBIN & DEMAIN

177 Post Street, Suite 300

San Francisco, CA 94108

Telephone: 415. 421.7151

Facsimile: 415. 362.8064

Attorneys for Plaintiff

Douglas Frazier

FRAMROZE M. VIRJEE (S.B. #120401)

CHRISTOPHER T. SCANLAN (S.B. #211724)

O’MELVENY & MYERS LLP

275 Battery Street, Suite 2600

San Francisco, CA 94111-3344

Telephone: (415) 984-8700

Facsimile: (415) 984-8701

Attorneys for Defendant

Citicorp Investment Services

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

DOUGLAS FRAZIER,

individually and on behalf of a class of 

similarly situated persons,

Plaintiff,

v.

CITICORP INVESTMENT 

SERVICES, INC., DOES 1-25 

inclusive,

Defendant.

Case No. C 05-1235 CW

JOINT STATUS REPORT AND 

REQUEST FOR CONTINUANCE OF 

CASE MANAGEMENT 

CONFERENCE; ORDER

Case 4:05-cv-01235-CW Document 17 Filed 09/15/05 Page 1 of 5
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JOINT STATUS REPORT AND REQUEST FOR EXTENSION OF CASE MANAGEMENT CONFERENCE 

CASE NO. C 05-1235 CW

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The parties hereto, by and through their respective counsel of record, submit this 

Joint Status Report And Request For Continuance of Case Management Conference prior 

to the Case Management Conference set for this case on September 16, 2005, at 1:30 p.m. 

In this Joint Status Report, the parties: (1) report their activities during the stay ordered 

by the Court at the parties’ request, as well as the current status and anticipated future 

settlement activities for this case; and (2) request a continuance of the Case Management 

Conference currently scheduled for September 16 to October 14, 2005 at 1:30 p.m. 

1. On February 17, 2005, Plaintiff Douglas Frazier (“Plaintiff”) filed his 

complaint in this purported nation-wide class action in California Superior Court in and 

for the County of San Francisco. On March 24, 2005, defendant Citicorp Investment 

Services (“Defendant” or “Defendant CIS”) filed its answer in Superior Court and, on 

March 25, 2005, removed this action from the Superior Court to this Court.

2. On April 15, 2005, Defendant filed its Motion to Change Venue of this 

action from this Court to the United States District Court for the Eastern District of New 

York. Plaintiff filed a Motion to Remand this case to Superior Court on April 22, 2005.

3. On May 6, 2005, the parties filed a Joint Stipulation and [Proposed] Order 

for a Temporary Stay of All Proceedings. On May 11, 2005, this Court signed the Order 

Granting In Part Joint Stipulation For A Temporary Stay Of All Proceedings (“Order”) 

until July 11, 2005. The Order also scheduled a Case Management Conference to be held 

on July 15, 2005 at 1:30 p.m. absent a settlement or further stipulation.

4. On July 11, 2005, the parties filed a Joint Status Report Prior To Case Status 

Conference indicating that the parties had met and conferred regarding the facts, law and 

potential resolution of this case, and were then exchanging factual data to facilitate 

Case 4:05-cv-01235-CW Document 17 Filed 09/15/05 Page 2 of 5
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JOINT STATUS REPORT AND REQUEST FOR EXTENSION OF CASE MANAGEMENT CONFERENCE 

CASE NO. C 05-1235 CW

3

assessment of alleged damages and more concrete settlement discussions. 

5. At the July 15, 2005 Case Management Conference, the parties jointly 

requested a continuance of the temporary stay so that the parties could continue their 

cooperative settlement efforts. On that date, this Court issued a Minute Order continuing 

the temporary stay and setting another Case Management Conference for September 16, 

2005 at 1:30 p.m.

6. Since July 15, 2005, Defendant CIS completed its collection, collation and 

analysis of relevant information, and provided the results of that data collection to 

Plaintiff’s counsel. This involved significant, time-consuming and costly effort, requiring 

collection of data concerning almost 1,000 employees that was located in a number of 

states. Since that time, the parties have met and conferred in person by telephone on at 

least five occasions, and have frequently communicated in writing as well. These 

conversations concerned the facts, legal and class-related issues and settlement. 

7. These meetings and communications among counsel culminated in a recent 

exchange of settlement terms. At present, the parties are in the process of evaluating and 

negotiating settlement terms, and are attempting to craft both a resolution and process for 

implementing settlement that is acceptable to both sides. In sum, the parties have made 

and are making significant progress towards settlement that, if successful as anticipated, 

will obviate the need for future litigation of this matter.

8. The parties believe that, within approximately one month, they shall be able 

to finalize settlement discussions and negotiations. Accordingly, the parties believe that 

an extension of the Case Management Conference that is currently scheduled for 

September 16, 2005, will facilitate the settlement process.

Case 4:05-cv-01235-CW Document 17 Filed 09/15/05 Page 3 of 5
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JOINT STATUS REPORT AND REQUEST FOR EXTENSION OF CASE MANAGEMENT CONFERENCE 

CASE NO. C 05-1235 CW

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9. NOW, THEREFORE, the parties stipulate to, and respectfully request that 

this Court order, the continuance of the Case Management Conference currently 

scheduled for September 16, 2005, to October 14, 2005, at 1:30 p.m. in order to provide 

the parties with sufficient time to finalize settlement negotiations. The parties also 

request, with the Court’s permission, that they be permitted jointly to hold telephonic 

conferences with the Court in the future as necessary to supply the Court with any 

required updates on their progress, the case status, and a settlement negotiation 

completion date.

Dated: September 13, 2005. O’MELVENY & MYERS LLP

By: /s/

Christopher T. Scanlan

Attorneys for Defendant

CITICORP INVESTMENT SERVICES

Dated: September 13, 2005. MCGUINN, HILLSMAN & PALEFSKY

By: /s/

Cliff Palefsky1

Attorneys for Plaintiff

Douglas Frazier

FOR GOOD CAUSE SHOWN, IT IS SO ORDERED.

/s/ CLAUDIA WILKEN

Dated: September 15 , 2005. By: 

 Hon. Claudia Wilken

United States District Judge

 

1

 Counsel e-filing this document represents that he has obtained the permission of Cliff Palefsky, Esq. to file this 

Joint Status Report and Request for Continuance of Case Management Conference along with the [Proposed] Order 

on Plaintiff’s behalf.

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LA3:1100097.1

Case 4:05-cv-01235-CW Document 17 Filed 09/15/05 Page 5 of 5