Free Stipulation - District Court of Arizona - Arizona

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Barry G. Reed, AZ Bar No. 020906 Hart L. Robinovitch, AZ Bar No. 020910 ZIMMERMAN REED P.L.L.P. 14646 N. Kierland Boulevard, Suite 145 Scottsdale, AZ 85254 Telephone: 480.348.6400 Email: [email protected] Timothy J. Becker (admitted Pro Hac Vice) Carolyn G. Anderson (admitted Pro Hac Vice) Anne T. Regan (admitted Pro Hac Vice) ZIMMERMAN REED P.L.L.P. 651 Nicollet Mall, Suite 501 Minneapolis, Minnesota 55402 Telephone: 612.341.0400 Email: [email protected] Richard A. Lockridge (admitted Pro Hac Vice) Gregg M. Fishbein (admitted Pro Hac Vice) Mary E. Briedé (admitted Pro Hac Vice) LOCKRIDGE GRINDAL NAUEN, P.L.L.P. 100 Washington Avenue South, Suite 2200 Minneapolis, Minnesota 55401 Telephone: 612.339.6900 Email: [email protected] Attorneys for Plaintiffs and the Putative Class UNITED STATES DISTRICT COURT FOR THE DISTRICT OF ARIZONA ) Case No.: 02-2255 PHX-PGR ) ) (Assigned to the Honorable ) Paul G. Rosenblatt) ) Plaintiffs, ) ) STIPULATION v. ) TO STAY OF PROCEEDINGS ) American Express Financial ) Advisors Inc., a.k.a. Ameriprise Financial, ) Inc. ) ) Defendant. ) John Haritos, David and Emily Austin, Michael Tooley, and Omar Shahine, On Behalf of Themselves and all Others Similarly Situated,

-1Case 2:02-cv-02255-PGR Document 176 Filed 12/23/2005 Page 1 of 4

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WHEREAS the instant matter was filed on November 8, 2002; WHEREAS a similar action In re American Express Financial Advisors Securities Litigation, Case No. 04-CV-1773 (S.D.N.Y.) ("In re AEFA") was filed in New York on March 4, 2004; WHEREAS the complaint in In re AEFA was amended in September 2005 to include all claims asserted in the present (Haritos) action; WHEREAS the parties in the In re AEFA action entered into a Memorandum of Understanding on October 21, 2005, to settle In re AEFA; WHEREAS Defendant moved the Court on October 21, 2005, to stay proceedings in the instant action pending the settlement of the putative class action in In re AEFA; WHEREAS the In re AEFA action encompasses a broader array of claims, including the claims asserted in the instant action; and WHEREAS judicial economy and economy to the Class favor having only one action address the claims asserted in both actions. The parties hereto, by their respective counsels, agree and stipulate to the following terms and conditions: 1. 2. Pending the approval of the settlement in the In re AEFA action, the The stay of proceedings in the instant action is contingent upon the instant action shall be stayed. approval of the settlement of the In re AEFA action. If the In re AEFA action settlement is not approved, the instant action will be revived and the case will proceed from its current posture. Dated: December 23, 2005 ZIMMERMAN REED, P.L.L.P. s/ Carolyn G. Anderson Carolyn G. Anderson (Pro Hac Vice) Timothy J. Becker (Pro Hac Vice) Anne T. Regan (Pro Hac Vice) 651 Nicollet Mall, Suite 501 -2Case 2:02-cv-02255-PGR Document 176 Filed 12/23/2005 Page 2 of 4

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Minneapolis, Minnesota 55402 Telephone: 612.341.0400 Facsimile: 612.341.0844 Email: [email protected] Email: [email protected] Email: [email protected] ZIMMERMAN REED, P.L.L.P. Barry G. Reed, AZ Bar No. 020906 Hart L. Robinovitch, AZ Bar No. 020910 14646 N. Kierland Boulevard, Suite 145 Scottsdale, AZ 85254 Telephone: 480.348.6400 Facsimile: 480.348.6415 Email: [email protected] Email: [email protected] LOCKRIDGE GRINDAL NAUEN, P.L.L.P. Richard A. Lockridge (Pro Hac Vice) Gregg M. Fishbein (Pro Hac Vice) Mary E. Briedé (Pro Hac Vice) 100 Washington Avenue South, Suite 2200 Minneapolis, Minnesota 55401 Telephone: 612.339.6900 Email: [email protected] Email: [email protected] Email: [email protected] Attorneys for the Plaintiffs and the Putative Class s/ David W. Bowker OSBORN MALEDON, P.A. William J. Maledon, Atty. No. 003670 2929 North Central Avenue #2100 Phoenix, Arizona 85012-2794 Telephone: 602.640.9000 WILMER, CUTLER, PICKERING, HALE and DORR -3Case 2:02-cv-02255-PGR Document 176 Filed 12/23/2005 Page 3 of 4

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Peter K. Vigeland (Admitted Pro Hac Vice) David Bowker (Admitted Pro Hac Vice) 399 Park Avenue New York, New York 10022 Telephone: 212.230.8800 Attorneys for Defendant

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