CLAUDIA WILKEN, District Judge.
WHEREAS, on August 31, 2010, this Court dismissed plaintiffs' [Corrected] Consolidated Class Action Complaint for Violations of the Federal Securities Laws in the above-captioned action (the "Action"), with leave to amend;
WHEREAS, on October 4, 2010, plaintiffs filed their [Corrected] First Amended Class Action Complaint for Violations of the Federal Securities Laws (the "FAC");
WHEREAS, defendants filed a motion to dismiss the FAC on October 14, 2010;
WHEREAS, plaintiffs filed their opposition to defendants' motion to dismiss on October 28, 2010;
WHEREAS, defendants filed their reply on November 4, 2010;
WHERAS, defendants' motion was scheduled to be heard by the Court on November 18, 2010;
WHEREAS, by notice of this Court, the hearing was rescheduled to January 20, 2011;
WHEREAS, on January 4, 2011, the parties submitted a joint stipulation requesting that the hearing be continued to February 17, 2011, and on January 6, 2011, the Court so ordered;
WHEREAS, on February 9, 2011, the parties submitted a joint stipulation requesting that the hearing be continued to March 17, 2011, and on February 11, 2011, the Court so ordered;
WHEREAS, the parties' settlement discussions remain ongoing, and the parties have continued to work with the Honorable Edward Infante (Ret.) regarding a potential resolution of this matter;
WHEREAS, in order to facilitate settlement efforts and conserve expenses and judicial resources, the parties have met and conferred and agreed, subject to Court approval, to a brief continuance of the March 17, 2011 hearing and case management conference;
WHEREAS, the parties respectfully request that the March 17, 2011 hearing and case management conference be rescheduled to April 7, 2011, or such a date thereafter that is convenient for the Court;
WHEREAS, the requested continuance is not for the purpose of delay, promotes judicial efficacy and will not prejudice any party;
THEREFORE, IT IS HEREBY STIPULATED AND AGREED, by and between the undersigned, subject to Court approval, as follows:
The March 17, 2011 hearing regarding defendants' motion to dismiss, and March 17, 2011 case management conference, shall be taken off calendar and rescheduled to April 7, 2011, or such a date thereafter that is convenient for the Court.
PURSUANT TO STIPULATION, IT IS SO ORDERED.
I, Ignacio E. Salceda, am the ECF User whose ID and password are being used to file this Stipulation and [Proposed] Order Regarding Continuance of March 17, 2011 Hearing and Case Management Conference. In compliance with General Order No. 45, X.B., I hereby attest that Daniel J. Pfefferbaum has concurred in this filing.