Free Motion for Miscellaneous Relief - District Court of California - California

Case 3:07-cv-02245-BTM-NLS

Document 64

Filed 08/28/2008

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1 GEORGE E. GREER (admitted pro hac vice) 2 JOSHUA B. SELIG (admitted pro hac vice) 3 701 Fifth Avenue, Suite 6100 4 Telephone: (206) 447-0900 5 [email protected] 6 [email protected] 7 CHAD R. FULLER (Bar No. 190830) 8 4350 La Jolla Village Drive, 7th Floor 9 Telephone: (858) 450-8400 10 [email protected] 11 Attorneys for Defendant 12 13 14
PRICEWATERHOUSECOOPERS LLP Facsimile: (858) 450-8499 San Diego, CA 92122-1246 HELLER EHRMAN LLP [email protected] Facsimile: (206) 447-0849 Seattle, WA 98104-7098 HELLER EHRMAN LLP

LORI LYNN PHILLIPS (admitted pro hac vice)

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA Case No.: 07cv2245 BTM (NLS) DEFENDANT PRICEWATERHOUSECOOPERS LLP'S NOTICE OF MOTION AND MOTION TO DISMISS PLAINTIFFS' CONSOLIDATED CLASS ACTION COMPLAINT DATE: TIME: November 21, 2008 11:00 a.m.

15 HCL PARTNERS LIMITED PARTNERSHIP, on
behalf of itself and all others similarly situated, 16 Plaintiff,

17

v.

18 LEAP WIRELESS INTERNATIONAL, INC., S. HUTCHESON, AMIN I. 19 DOUGLAS BURTON, MICHAEL B. KHALIFA, GRANT A. TARGOFF, 21
Defendants.

20 JOHN D. HARKEY, ROBERT V. LaPENTA, and PRICEWATERHOUSECOOPERS LLP, 22 KENT CARMICHAEL, Individually and on behalf of all others similarly situated, 23 24
v. DOUGLAS HUTCHESON, AMIN I. KHALIFA, Plaintiff,

CTRM:

15

The Hon. Barry Ted Moskowitz Case No.: 08cv0128 BTM (NLS) No Oral Argument Unless Requested By The Court

25 LEAP WIRELESS INTERNATIONAL, INC., S.

26 GRANT A. BURTON, MICHAEL B. TARGOFF, 27 PRICEWATERHOUSECOOPERS LLP, 28
Defendants.
PRICEWATERHOUSECOOPERS NOTICE OF MOT. AND MOT. TO DISMISS CONSOL. COMPL.

JOHN D. HARKEY, ROBERT V. LaPENTA, and

07cv2245 BTM

Case 3:07-cv-02245-BTM-NLS

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Filed 08/28/2008

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TO ALL PARTIES AND THEIR COUNSEL OF RECORD PLEASE TAKE NOTICE that on November 21, 2008, at 11:00 a.m., or as soon

3 thereafter as the matter may be heard, in Courtroom 15 of the United States District Court for 4 the Southern District of California, located at 4290 Edward J. Schwartz Federal Building, 880 5 Front Street, San Diego, California, the Honorable Barry Ted Moskowitz presiding, Defendant 6 PricewaterhouseCoopers LLP ("PwC") will and hereby does move for an Order dismissing 7 Plaintiff's Consolidated Class Action Complaint as to PwC, pursuant to the Private Securities 8 Litigation Reform Act ("Reform Act" or "PSLRA", 15 U.S.C. § 78u-4(b)(2)), and Rules 9(b) 9 and 12(b)(6) of the Federal Rules of Civil Procedure. PwC's Motion is based on Plaintiff's 10 failure to meet the heightened pleading standards that apply to the claim it has asserted against 11 PwC under Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j. In 12 particular, Plaintiff has failed to plead with particularity facts creating a strong inference that 13 PwC had the requisite intent to defraud investors. 14
Plaintiff has also failed to state a claim for purchases of securities prior to March 1,

15 2007. There are no statements alleged to have been made by PwC prior to that point in the 16 class period. 17
This Motion is made based on this Notice of Motion and Motion, the Memorandum of

18 Points and Authorities in support, the Declaration of Lori Lynn Phillips in support, other such 19 matters of which the Court may take judicial notice, all pleadings on file in this action, and 20 such further evidence and argument as may be submitted in responsive briefing or at oral 21 argument. 22 23 24 25 26 27 28
PRICEWATERHOUSECOOPERS NOTICE OF MOT. AND MOT. TO DISMISS CONSOL. COMPL. 1 07cv2245 BTM

Case 3:07-cv-02245-BTM-NLS

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Filed 08/28/2008

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1 DATED: August 28, 2008 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28
SE 2262609 v1 8/28/08 12:22 PM (11808.0002)

Respectfully submitted, HELLER EHRMAN LLP

By __/s/ Lori Lynn Phillips GEORGE E. GREER (admitted pro hac vice) LORI LYNN PHILLIPS (admitted pro hac vice) JOSHUA B. SELIG (admitted pro hac vice) HELLER EHRMAN LLP 701 Fifth Avenue, Suite 6100 Seattle, WA 98104-7098 Telephone: (206) 447-0900 Facsimile: (206) 447-0849 [email protected] [email protected] [email protected] CHAD R. FULLER (Bar No. 190830) HELLER EHRMAN LLP 4350 La Jolla Village Drive, 7th Floor San Diego, CA 92122-1246 Telephone: (858) 450-8400 Facsimile: (858) 450-8499 [email protected] Attorneys for Defendant PricewaterhouseCoopers LLP

PRICEWATERHOUSECOOPERS NOTICE OF MOT. AND MOT. TO DISMISS CONSOL. COMPL. 2

07cv2245 BTM