EDWARD M. CHEN, District Judge.
Lead Plaintiff City of Pontiac General Employees' Retirement System ("Lead Plaintiff") and Defendants Brocade Communications Systems, Inc. ("Brocade"), Ruckus Wireless, Inc. ("Ruckus"), Selina Y. Lo, Seamus Hennessy, Gaurav Garg, Mohan Gyani, Georges Antoun, Richard Lynch, Stewart Grierson, and Barton Burstein (the "Individual Defendants" and, together with Ruckus and Brocade, "Defendants"), by and through their undersigned counsel, hereby stipulate and agree, subject to Court approval, as follows:
WHEREAS, this is a putative securities class action, subject to the Private Securities Litigation Reform Act of 1995 ("PSLRA"), on behalf of former shareholders of Ruckus, in which Lead Plaintiff challenges numerous aspects of the disclosures, process, solicitations, and agreements culminating in the Merger by which Ruckus (previously an independent public company) became a subsidiary of Brocade in May 2016,
WHEREAS, on October 24, 2016, Lead Plaintiff filed its Amended Complaint for Violations of §§ 14 and 20(a) of the Securities Exchange Act of 1934 and for Breach of Fiduciary Duties (the "Amended Complaint," Dkt. No. 39);
WHEREAS, on December 8, 2016, Defendants filed a consolidated motion to dismiss the Amended Complaint (the "Motion to Dismiss");
WHEREAS, Lead Plaintiff's current deadline to respond to the Motion to Dismiss is December 29, 2016, Defendants' deadline to file reply papers is January 12, 2017, and a hearing on the Motion to Dismiss and a Case Management Conference are currently scheduled for January 26, 2017 at 1:30 p.m.;
WHEREAS, in light of the holidays and the personal schedules of certain attorneys involved in the litigation, Lead Plaintiff and Defendants have agreed to a brief extension of the briefing schedule and adjournment of the hearing and Case Management Conference, subject to the Court's approval.
NOW, THEREFORE, IT IS HEREBY STIPULATED AND AGREED, by and between the undersigned counsel for all parties, subject to Court approval, as follows:
1. Lead Plaintiff's opposition papers in response to Defendants' Motion to Dismiss shall be filed on or before January 5, 2017;
2. Defendants' reply papers in further support of their Motion to Dismiss shall be filed on or before January 26, 2017;
3. A hearing on Defendants' Motion to Dismiss and Case Management Conference shall be held on February 9, 2017 at 1:30 p.m.
I, David T. Wissbroecker, am the ECF User whose identification and password are being used to file this Stipulation and [Proposed] Order. In compliance with Local Rule 5-1(i)(3), I hereby attest that Joseph E. Floren and Laura Kabler Oswell have concurred in this filing.
1. Lead Plaintiff's opposition papers in response to Defendants' Motion to Dismiss shall be filed on or before January 5, 2017;
2. Defendants' reply papers in further support of their Motion to Dismiss shall be filed on or before January 26, 2017;
3. A hearing on Defendants' Motion to Dismiss and Case Management Conference shall be held on February 916, 2017 at 1:30 p.m.