Free Proposed Order - District Court of California - California

Case 4:07-cv-05101-SBA

Document 14

Filed 12/03/2007

Page 1 of 10

1 2 3 4 5 6 7 8 9 10 11

REED R. KATHREIN (139304) HAGENS BERMAN SOBOL SHAPIRO LLP 715 Hearst Avenue, Suite 202 Berkeley, CA 94710 Telephone: (510) 725-3000 Facsimile: (510) 725-3001 [email protected] LEWIS S. KAHN KAHN GAUTHIER SWICK, LLC 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Telephone: (504) 455-1400 Facsimile: (504) 455-1498 [email protected] Attorneys for Plaintiffs [Additional counsel listed on signature page] UNITED STATES DISTRICT COURT

12 NORTHERN DISTRICT OF CALIFORNIA 13 OAKLAND DIVISION 14 15 16 17 18 19 20 21 22 23 24 25 26 BIKASH MOHAN MOHANTY, On Behalf of ) Himself and All Others Similarly Situated, ) ) Plaintiff, ) ) vs. ) ) ) BIGBAND NETWORKS, INC., AMIR ) BASSAN-ESKENAZI, RAN OZ, FREDERICK ) BALL, GAL ISRAELY, DEAN GILBERT, ) KEN GOLDMAN, LLOYD CARNEY, BRUCE ) SACHS, ROBERT SACHS, GEOFFREY ) YANG, MORGAN STANLEY & CO., INC., ) MERRILL LYNCH, PIERCE, FENNER & ) SMITH, INC., JEFFERIES & CO., INC., ) COWEN AND CO., INC., AND ) THINKEQUITY PARTNERS, LLC ) ) Defendants. ) ) Case No. 3:07-CV-05101-SBA [PROPOSED] ORDER GRANTING THE MOTION TO CONSOLIDATE, TO APPOINT GWYN JONES LEAD PLAINTIFF AND TO APPROVE PROPOSED LEAD PLAINTIFF'S SELECTION OF COUNSEL

001922-11 210813 V1

Case 4:07-cv-05101-SBA

Document 14

Filed 12/03/2007

Page 2 of 10

1 2

DENNIS KOESTERER, On Behalf of Himself and All Others Similarly Situated, Plaintiff,

3 v. 4 5 6 7 8 9 10 Plaintiff, 11 v. 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 v. BIGBAND NETWORKS, INC., AMIR BASSAN-ESKENAZI, and FREDERICK A. BALL Defendants. BIGBAND NETWORKS, INC., AMIR BASSAN-ESKENAZI, RAN OZ, FREDERICK BALL, GAL ISRAELY, DEAN GILBERT, KEN GOLDMAN, LLOYD CARNEY, BRUCE SACHS, ROBERT SACHS, GEOFFREY YANG, MERRILL LYNCH, PIERCE, FENNER & SMITH, INC., MORGAN STANLEY & CO., INC., COWEN AND CO., JEFFERIES & CO., and THINKEQUITY PARTNERS, LLC Defendants. DONALD SMITH, On Behalf of Himself and All Others Similarly Situated, Plaintiff, BIGBAND NETWORKS, INC., AMIR BASSAN-ESKENAZI, FREDERICK A. BALL, RAN OZ, LLOYD CARNEY, DEAN GILBERT, KEN GOLDMAN, GAL ISRAELY, BRUCH SACHS, ROBERT SACHS, and GEOFFREY YANG Defendants. ABRENA WINSTON, Individually and On Behalf of All Others Similarly Situated,

) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) ) )

Case No. 3:07-CV-05168-MMC

Case No. 3:07-CV-05327-JSW

Case No. 3:07-CV-05361-SI

001922-11 210813 V1

Case 4:07-cv-05101-SBA

Document 14

Filed 12/03/2007

Page 3 of 10

1 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

WAYNE LUZON, On Behalf of Himself and All ) Others Similarly Situated, ) ) Plaintiff, ) ) v. ) ) BIGBAND NETWORKS, INC., AMIR BASSAN- ) ESKENAZI, RAN OZ, FREDERICK BALL, GAL ) ISRAELY, DEAN GILBERT, KEN GOLDMAN, ) LLOYD CARNEY, BRUCE SACHS, ROBERT ) SACHS, GEOFFREY YANG, MORGAN ) STANLEY & CO., INC., MERRILL LYNCH, ) PIERCE, FENNER & SMITH, INC., JEFFERIES ) & CO., INC., COWEN AND CO., INC., and ) THINKEQUITY PARTNERS, LLC ) ) Defendants. ) ) DEBRA L. BERNSTEIN, Individually and On ) Behalf of All Others Similarly Situated, ) ) Plaintiff, ) ) v. ) ) BIGBAND NETWORKS, INC., AMIR ) BASSAN-ESKENAZI, RAN OZ, FREDERICK ) A. BALL, GAL ISRAELY, DEAN GILBERT, ) KENNETH A. GOLDMAN, LLOYD CARNEY, ) BRUCE I. SACHS, ROBERT J. SACHS, ) GEOFFREY Y. YANG, MORGAN STANLEY ) & CO., INCORPORATED, JEFFERIES & ) COMPANY, INC., MERRILL LYNCH, PIERCE ) FENNER & SMITH INCORPORATED, ) COWEN AND COMPANY, LLC and ) THINKEQUITY PARTNERS LLC, ) ) Defendants. ) )

Case No. 3:07-CV-05637-WHA

Case No. 3:07-CV-05825-MHP

001922-11 210813 V1

Case 4:07-cv-05101-SBA

Document 14

Filed 12/03/2007

Page 4 of 10

1 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

EUGENE HAMMER, On Behalf of Himself and ) All Others Similarly Situated, ) ) Plaintiff, ) ) v. ) ) BIGBAND NETWORKS, INC., AMIR ) BASSAN-ESKENAZI, FREDERICK A. BALL, ) RAN OZ, LLOYD CARNEY, DEAN GILBERT, ) KEN GOLDMAN, GAL ISRAELY, BRUCE ) SACHS, ROBERT SACHS, and GEOFFREY ) YANG ) ) Defendants. ) )

Case No. 3:07-CV-05825-MHP

001922-11 210813 V1

Case 4:07-cv-05101-SBA

Document 14

Filed 12/03/2007

Page 5 of 10

1 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

Before this Court is Proposed Lead Plaintiff Gwyn Jones's motion to consolidate substantially similar cases that include Koesterer v. BigBand Networks, Inc. et al., Case No. 07cv-05168 MMC, Winston v. BigBand Networks, Inc. et al., Case No. 07-cv-05327 JSW, Smith v. BigBand Networks, Inc. et al., Case No. 07-cv-05361 SI, Luzon v. BigBand Networks, Inc. et al., Case No. 07-cv-05637 WHA, Bernstein v. BigBand Networks, Inc. et al., Case No. 07-cv05819 CRB, and Hammer v. BigBand Networks, Inc. et al., Case No. 07-cv-05825 MHP currently pending before Judge Saundra B. Armstrong, among others, and/or transfer of this case to Judge Armstrong for purposes of consolidation. Proposed Lead Plaintiff's motion is supported by Gwyn Jones' Motion to Consolidate, to Appoint Gwyn Jones Lead Plaintiff and to Approve Proposed Lead Plaintiff's Selection of Counsel; Memorandum of Points and Authorities in Support Thereof, and the Declaration of Reed R. Kathrein in Support of Proposed Lead Plaintiff's motion is supported by Gwyn Jones' Motion to Consolidate, to Appoint Gwyn Jones Lead Plaintiff and to Approve Proposed Lead Plaintiff's Selection of Counsel. Having considered the Motion to Consolidate, to Appoint Gwyn Jones Lead Plaintiff and to Approve Proposed Lead Plaintiff's Selection of Counsel, the Memorandum of Points and Authorities in Support Thereof, the Declaration of Reed R. Kathrein in Support of that Motion, and good cause appearing therefore, IT IS HEREBY ORDERED THAT: 1. 2. The motion is granted. Class Member, Gwyn Jones is appointed to serve as Lead Plaintiff in the above-

captioned consolidated action pursuant to 15 U.S.C. §78u-4(a)(3)(B). 3. The law firms of Hagens Berman Sobol Shapiro LLP and Kahn Gauthier Swick,

LLP are appointed Co-Lead Counsel for Plaintiffs in the consolidated action. 4. Co-Lead Counsel shall have authority to speak for Plaintiffs in matters regarding

pretrial and trial procedure and settlement negotiations, and shall make all work assignments in

[PROP] ORD. GRANTING THE MOT. TO CONSOLIDATE, TO APP. GWYN JONES LEAD PL. AND TO APPROVE PROPOSED LEAD PL.'S SELECTION OF COUNSEL Case No. 07-cv-05101 SBA
001922-11 210813 V1

-1-

Case 4:07-cv-05101-SBA

Document 14

Filed 12/03/2007

Page 6 of 10

1 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

such manner as to facilitate the orderly and efficient prosecution of this litigation and to avoid duplicative or unproductive effort. 5. Co-Lead Counsel shall be responsible for coordination of all activities and

appearances on behalf of Plaintiffs and for the dissemination of notices and orders of this Court. No motion, request for discovery or other pretrial proceedings shall be initiated or filed by Plaintiffs except through Co-Lead Counsel. 6. Co-Lead Counsel also shall be available and responsible for communications to

and from this Court. Co-Lead Counsel shall be responsible for the creation and maintenance of a master service list of all parties and their respective counsel. 7. Defendants' counsel may rely upon all agreements made with Co-Lead Counsel,

or other duly authorized representatives of Plaintiffs, and such agreements shall be binding on Plaintiffs. 8. This case and Case Nos. 07-cv-05168 MMC, 07-cv-05327 JSW, 07-cv-05361, 07-

cv-05637 WHA, 07-cv-05819 CRB, and 07-cv-05825 MHP are related cases, sharing common questions of law and fact as contemplated by Fed. R. Civ. P. 42(a). 9. Due to the related nature of the referenced matters, it would promote judicial

economy, save the Court and the parties unnecessary costs and delay, and promote consistent results to consolidate the four cases. 10. Accordingly, the Court GRANTS Plaintiff's motion to consolidate this case with

Case Nos. 07-cv-05168 MMC, 07-cv-05327 JSW, 07-cv-05361, 07-cv-05637 WHA, 07-cv05819 CRB, and 07-cv-05825 MHP. The cases shall be consolidated into Case No. 07-cv-05101 SBA, the first case filed, and closed. All subsequent papers, pleadings, and motions shall be filed under the case number 07-cv-05101 SBA, and the consolidated action shall be re-captioned as In re BigBand Networks, Inc. Securities Litigation. Moreover, all consolidated matters are transferred to Judge Saundra B. Armstrong, who is the presiding judge in the first filed action.

[PROP] ORD. GRANTING THE MOT. TO CONSOLIDATE, TO APP. GWYN JONES LEAD PL. AND TO APPROVE PROPOSED LEAD PL.'S SELECTION OF COUNSEL Case No. 07-cv-05101 SBA
001922-11 210813 V1

-2-

Case 4:07-cv-05101-SBA

Document 14

Filed 12/03/2007

Page 7 of 10

1 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 action.

11.

This Order (the "Order") shall apply to this action, all actions consolidated herein

and to each case that relates to the same subject matter that is subsequently filed in this Court or is transferred to this Court and is consolidated with this consolidated action. 12. 13. An original of this Order shall be filed by the Clerk in the Master File. The Clerk shall mail a copy of this Order to counsel of record in this consolidated

14.

The Court requests the assistance of counsel in calling to the attention of the Clerk

of this Court the filing or transfer of any case that might properly be consolidated as part of this consolidated action. 15. When a case that arises out of the same subject matter of this consolidated action

is hereinafter filed in this Court or transferred from another Court, the Clerk of this Court shall: a. File a copy of this Order in the separate file for such action; b. Mail a copy of this Order to the attorneys for the Plaintiff(s) in the newly-filed or transferred case and to any new Defendant(s) in the newly-filed case; and c. Make the appropriate entry in the Master Docket for this consolidated action. 16. Each new case that arises out of the subject matter of this consolidated action

which is filed in this Court or transferred to this Court, shall be consolidated with this consolidated action and this Order shall apply thereto, unless a party objects to consolidation, as provided for herein, or any provision of this Order, within ten (10) days after the date upon which a copy of this Order is served on counsel for such party, by filing an application for relief and this Court deems it appropriate to grant such application. Nothing in the foregoing shall be

[PROP] ORD. GRANTING THE MOT. TO CONSOLIDATE, TO APP. GWYN JONES LEAD PL. AND TO APPROVE PROPOSED LEAD PL.'S SELECTION OF COUNSEL Case No. 07-cv-05101 SBA
001922-11 210813 V1

-3-

Case 4:07-cv-05101-SBA

Document 14

Filed 12/03/2007

Page 8 of 10

1 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

construed as a waiver of the Defendants' right to object to consolidation of any subsequently filed case. IT IS SO ORDERED. Dated: __________________ _________________________________ SAUNDRA B. ARMSTRONG UNITED STATES DISTRICT JUDGE

Submitted By: Dated: December 3, 2007 HAGENS BERMAN SOBOL SHAPIRO, LLP By /s/ Reed R. Kathrein REED R. KATHREIN

715 Hearst Avenue, Suite 202 Berkeley, CA 94710 Telephone: (510) 725-3000 Facsimile: (510) 725-3001 [email protected] Lewis S. Kahn KAHN GAUTHIER SWICK, LLC 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Telephone: (504) 455-1400 Facsimile: (504) 455-1498 [email protected] Steve W. Berman (12536) HAGENS BERMAN SOBOL SHAPIRO LLP 1301 Fifth Avenue, Suite 2900 Seattle, WA 98101 Telephone: (206) 623-7292 Facsimile: (206) 623-0594 [email protected] Kim E. Miller KAHN GAUTHIER SWICK, LLC 12 East 41st Street, 12th Floor New York, NY 10017 Telephone: (212) 696-3730 Facsimile: (504) 455-1498 [email protected]
[PROP] ORD. GRANTING THE MOT. TO CONSOLIDATE, TO APP. GWYN JONES LEAD PL. AND TO APPROVE PROPOSED LEAD PL.'S SELECTION OF COUNSEL Case No. 07-cv-05101 SBA
001922-11 210813 V1

-4-

Case 4:07-cv-05101-SBA

Document 14

Filed 12/03/2007

Page 9 of 10

1 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

DECLARATION OF SERVICE I hereby certify that on December 3, 2007, I electronically filed the foregoing with the Clerk of the Court using the CM/ECF system which will send notification of such filing to the email addresses registered, as denoted on the attached Electronic Mail Notice List, and I hereby certify that I have mailed the foregoing document or paper via the United States Postal Service to the non-CM/ECF participants indicated on the attached Manual Notice List. I declare under penalty of perjury under the laws of the United States of America that the foregoing is true and correct. Executed this 3rd day of December 2007, at Berkeley, California.

______

/s/ Reed R. Kathrein REED R. KATHREIN

[PROP] ORD. GRANTING THE MOT. TO CONSOLIDATE, TO APP. GWYN JONES LEAD PL. AND TO APPROVE PROPOSED LEAD PL.'S SELECTION OF COUNSEL Case No. 07-cv-05101 SBA
001922-11 210813 V1

-5-

CAND-ECF

https://ecf.cand.uscourts.gov/cgi-bin/MailList.pl?577179106107311-L_...

Case 4:07-cv-05101-SBA

Document 14

Filed 12/03/2007

Page 10 of 10

Mailing Information for a Case 4:07-cv-05101-SBA
Electronic Mail Notice List
The following are those who are currently on the list to receive e-mail notices for this case. Lewis Stephen Kahn [email protected] Reed R. Kathrein [email protected],[email protected] Joni L. Ostler [email protected],[email protected] Alan Roth Plutzik [email protected]

Manual Notice List
The following is the list of attorneys who are not on the list to receive e-mail notices for this case (who therefore require manual noticing). You may wish to use your mouse to select and copy this list into your word processing program in order to create notices or labels for these recipients.
(No manual recipients)

1 of 1

12/3/2007 2:14 PM