Filed: Oct. 23, 2015
Latest Update: Oct. 23, 2015
Summary: JOINT STIPULATION AND [PROPOSED] ORDER REGARDING CASE SCHEDULE EDWARD M. CHEN , District Judge . This stipulation is entered into by and among Lead Plaintiffs Baltimore County Employees' Retirement System and Arkansas Teacher Retirement System (collectively, "Lead Plaintiffs") and defendants Vocera Communications, Inc., Robert J. Zollars, Brent D. Lang and William R. Zerella (collectively, "Defendants"), by and through their respective attorneys of record: WHEREAS, the above-captione
Summary: JOINT STIPULATION AND [PROPOSED] ORDER REGARDING CASE SCHEDULE EDWARD M. CHEN , District Judge . This stipulation is entered into by and among Lead Plaintiffs Baltimore County Employees' Retirement System and Arkansas Teacher Retirement System (collectively, "Lead Plaintiffs") and defendants Vocera Communications, Inc., Robert J. Zollars, Brent D. Lang and William R. Zerella (collectively, "Defendants"), by and through their respective attorneys of record: WHEREAS, the above-captioned..
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JOINT STIPULATION AND [PROPOSED] ORDER REGARDING CASE SCHEDULE
EDWARD M. CHEN, District Judge.
This stipulation is entered into by and among Lead Plaintiffs Baltimore County Employees' Retirement System and Arkansas Teacher Retirement System (collectively, "Lead Plaintiffs") and defendants Vocera Communications, Inc., Robert J. Zollars, Brent D. Lang and William R. Zerella (collectively, "Defendants"), by and through their respective attorneys of record:
WHEREAS, the above-captioned consolidated action is a proposed class action alleging violations of the federal securities laws against Defendants;
WHEREAS, the parties engaged in a mediation on October 15, 2015.
WHEREAS, the mediation was successful and the parties have reached an agreement in principle to settle all claims in the Action subject to, among other things, Court approval;
WHEREAS, the Court had previously entered orders: (1) setting a deadline for a CMC statement to be filed by November 5, 2015 (ECF 169), (2) scheduling a status conference and hearing on the class certification motion for November 9, 2015 (ECF 174), and for other discovery related proceedings, motions and deadlines, and for trial (ECF 178);
Now, therefore, pursuant to Civil L.R. 7-12, and in the interest of judicial efficiency the parties hereby jointly request that the Court issue an order adopting the following provisions, pending the formal documentation of the settlement and submission of preliminarily and final approval motions:
1. The deadline for submission of the CMC statement on November 5, 2015 is hereby VACATED. reset for 1/21/2016.
2. The status conference and class certification hearing scheduled for November 9, 2015 are hereby VACATED.
3. The discovery and other deadlines set in ECF 178 are hereby VACATED. The status conference is reset for 1/28/16 at 10:30 a.m.
4. Lead Plaintiffs will submit a motion for preliminary approval of the settlement within 45 days of the entry of this order.
IT IS SO STIPULATED.
Pursuant to Pursuant to Civil Local Rule 5-1(i)(3), all signatories concur in filing this stipulation.
PURSUANT TO STIPULATION, IT IS SO ORDERED.
