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In re RH, Inc. Securities Litigation, 4:17-cv-00554-YGR. (2019)

Court: District Court, N.D. California Number: infdco20190328a16 Visitors: 19
Filed: Mar. 27, 2019
Latest Update: Mar. 27, 2019
Summary: CLASS ACTION STIPULATED PRELIMINARY APPROVAL SCHEDULE AND [PROPOSED] ORDER YVONNE GONZALEZ ROGERS , District Judge . In accordance with Local Rule 7-12, Lead Plaintiffs Public School Teachers' Pension & Retirement Fund of Chicago and Arkansas Teacher Retirement System ("Lead Plaintiffs") and Defendants RH, Gary Friedman, and Karen Boone ("Defendants" and collectively with Lead Plaintiffs, the "Parties"), by and through their undersigned counsel, submit the following stipulation and pr
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CLASS ACTION STIPULATED PRELIMINARY APPROVAL SCHEDULE AND [PROPOSED] ORDER

In accordance with Local Rule 7-12, Lead Plaintiffs Public School Teachers' Pension & Retirement Fund of Chicago and Arkansas Teacher Retirement System ("Lead Plaintiffs") and Defendants RH, Gary Friedman, and Karen Boone ("Defendants" and collectively with Lead Plaintiffs, the "Parties"), by and through their undersigned counsel, submit the following stipulation and proposed order:

WHEREAS, on March 1, 2019, the Parties participated in an all-day mediation before the former United States District Judge Layn R. Phillips and thereafter engaged in further settlement negotiations culminating in an agreement in principle to a class-wide settlement, the basic terms of which are set forth in a fully executed Memorandum of Understanding dated March 21, 2019;

WHEREAS, the proposed settlement, if approved by the Court, will fully resolve all pending claims in the action;

NOW, THEREFORE, the Parties hereby stipulate and agree as follows, and respectfully request that the Court enter the [Proposed] Order:

1. All pending deadlines shall be vacated;

2. Lead Plaintiffs shall file a motion for preliminary approval of the proposed settlement on or before May 6, 2019;

3. Any opposition to the motion for preliminary approval shall be filed on or before May 20, 2019;

4. Lead Plaintiffs' reply in support of preliminary approval shall be filed on or before May 27, 2019;

5. Lead Plaintiffs shall notice the hearing on their motion for preliminary approval for June 18, 2019 at 2:00 p.m.

ORDER

PURSUANT TO STIPULATION, IT IS SO ORDERED.

ATTESTATION (CIVIL LOCAL RULE 5-1(i)(3))

In accordance with Civil Local Rule 5-1(i)(3), I attest that concurrence in the filing of this document has been obtained from the signatories.

Dated: March 25, 2019. MORRISON & FOERSTER LLP /s/Mark R.S. Foster Mark R.S. Foster
Source:  Leagle

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