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Special Situations Fund III QP, L.P. v. Marrone Bio Innovations, Inc., 2:14-cv-02571-MCE-KJN. (2016)

Court: District Court, E.D. California Number: infdco20160518849 Visitors: 12
Filed: May 17, 2016
Latest Update: May 17, 2016
Summary: CONSOLIDATED CLASS ACTION STIPULATION AND ORDER SETTING SETTLEMENT APPROVAL SCHEDULE MORRISON C. ENGLAND, JR , District Judge . Lead Plaintiffs Special Situations Fund III QP, L.P. and Special Situations Cayman Fund, L.P., additional named Plaintiff David M. Fineman, and Defendants Marrone Bio Innovations, Inc., Pamela G. Marrone, James B. Boyd, Donald J. Glidewell, Hector Absi, Elin Miller, Ranjeet Bhatia, Pamela Contag, Tim Fogarty, Lawrence Hough, Joseph Hudson, Les Lyman, Richard Romin
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CONSOLIDATED CLASS ACTION

STIPULATION AND ORDER SETTING SETTLEMENT APPROVAL SCHEDULE

Lead Plaintiffs Special Situations Fund III QP, L.P. and Special Situations Cayman Fund, L.P., additional named Plaintiff David M. Fineman, and Defendants Marrone Bio Innovations, Inc., Pamela G. Marrone, James B. Boyd, Donald J. Glidewell, Hector Absi, Elin Miller, Ranjeet Bhatia, Pamela Contag, Tim Fogarty, Lawrence Hough, Joseph Hudson, Les Lyman, Richard Rominger, Shaugn Stanley, and Sean Schickedanz (collectively, the "Parties"), by and through their undersigned counsel, jointly submit the following stipulated schedule for settlement-related events. Although the parties continue to negotiate the terms of a formal stipulation of settlement, they nevertheless submit this proposed schedule as set forth in their May 4, 2016 status update [Docket No. 66], in the hope that they can reach agreement on or before May 19. The timing of the events is determined by the date the Preliminary Approval Order is entered and the date the Settlement Hearing is scheduled. If the Court agrees with the proposed schedule, the Parties request that the Court schedule the Settlement Hearing for a date that is 60 calendar days after the date of entry of the Preliminary Approval Order, or at the Court's earliest convenience thereafter.

Event Proposed Timing Unopposed Motion for (I) Preliminary Approval of Class May 19, 2016 Action Settlement, (II) Certification of the Settlement Class, and (III) Approval of Notice to the Settlement Class Deadline for mailing the Notice and Claim Form to Up to 7 business days after entry Settlement Class Members (the "Notice Date") of Preliminary Approval Order Deadline for publishing the Summary Notice Up to 5 business days after the Notice Date Deadline for filing of papers in support of final approval of 28 calendar days prior to the the Settlement, Plan of Allocation, and Lead Counsel's Settlement Hearing Application for Attorney's Fees and Litigation Expenses Deadline for receipt of exclusion requests or objections 14 calendar days prior to the Settlement Hearing Deadline for filing reply papers, if any 7 calendar days prior to the Settlement Hearing Settlement Hearing 60 calendar days after entry of the Preliminary Approval Order, or at the Court's earliest convenience thereafter Deadline for submitting Claim Forms 75 calendar days after the Notice Date

ORDER

Pursuant to the parties' stipulation, IT IS SO ORDERED. The Court adopts the parties' schedule and sets the Settlement Hearing for August 25, 2016.

IT IS SO ORDERED.

Source:  Leagle

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