In re NVIDIA Corporation Securities Litigation
In re NVIDIA Corporation Securities Litigation
Trial Court Opinion
1 || COOLEY LLP PATRICK E. GIBBS (183174) (pgibbs @cooley.com) 2 || AMANDA A. MAIN (260814) ([email protected]) JOHN C. BOSTIC (264367) (jbostic @ cooley.com) 3 || BRETT DE JARNETTE (292919) (bdejarnette @ cooley.com) 3175 Hanover Street 4 || Palo Alto, CA 94304-1130 Telephone: (650) 843-5000 5 || Facsimile: (650) 849-7400 6 || SARAH M. LIGHTDALE (4395661) (slightdale @cooley.com) 55 Hudson Yards 7 || New York, NY 10001-2157 Telephone: (212) 479-6000 8 || Facsimile: (212) 479-6275 9 || Attorneys for Defendants NVIDIA CORPORATION and 10 || JENSEN HUANG 11 D UNITED STATES DISTRICT COURT
3 NORTHERN DISTRICT OF CALIFORNIA
4 OAKLAND DIVISION
15 In re NVIDIA CORPORATION Case No. 4:18-cv-07669-HSG 16 || SECURITIES LITIGATION STIPULATION AND JOINT 17 REQUEST TO CONTINUE CASE MANAGEMENT CONFERENCE 18 || This Document Relates to: All Actions. AND ORDER (as modified) 19 DEMAND FOR JURY TRIAL 20 Judge: Hon. Haywood S. Gilliam, Jr. Courtroom: 2 21 22 23 24 25 26 27 28 1 STIP. AND PROP’D ORDER TO CONTINUE CMC , CASE No. 4:18-cv-07669-HSG
1 Pursuant to Civil Local Rules 6-2 and 7-12, Co-Lead Plaintiffs Lannebo Kapitalférvaltning 2 || AB (formerly known as E. Ohman J:or Fonder AB) and Stichting Pensioenfonds PGB (collectively, 3 || “Lead Plaintiffs”) and Defendants NVIDIA Corporation and Jensen Huang (“Defendants”), 4 || (collectively, “the Parties”), by and through their respective counsel, hereby agree and stipulate as 5 || follows: 6 WHEREAS, on March 2, 2021, this Court dismissed with prejudice Lead Plaintiffs’ First 7 || Amended Consolidated Class Action Complaint (ECF No. 174); 8 WHEREAS, on March 30, 2021, Lead Plaintiffs appealed that decision to the U.S. Court of 9 || Appeals for the Ninth Circuit (ECF No. 176); 10 WHEREAS, on August 25, 2023, the Ninth Circuit reversed in part the dismissal of this action, 11 || E. Ohman J:or Fonder AB vy. NVIDIA Corp.,
81 F.4th 918(9th Cir. 2023) CECF No. 179); 12 WHEREAS, on October 10, 2023, Defendants filed a petition for rehearing en banc; 13 WHEREAS, on November 15, 2023, the Ninth Circuit denied the Defendants’ petition for 14 || rehearing en banc (ECF No. 180); 15 WHEREAS, on March 4, 2024, Defendants filed a petition for writ of certiorari (See ECF No. 16 || 183); 17 WHEREAS, on June 17, 2024, the Supreme Court of the United States granted the Defendants’ 18 || petition for writ of certiorari (ECF No. 184); 19 WHEREAS, on December 11, 2024, the Supreme Court of the United States dismissed as 20 || improvidently granted the Defendants’ petition for writ of certiorari (ECF No. 185); 21 WHEREAS, on February 20, 2025, the Ninth Circuit issued the mandate pursuant to Rule 41(a) 22 || of the Federal Rules of Appellate Procedure (ECF No. 187); 23 WHEREAS, on February 26, 2025, the Court entered an order setting a Case Management 24 || Conference via Zoom webinar on March 11, 2025 at 2:00 p.m. and ordering that a Case Management 25 || Statement be filed on March 4, 2025 (ECF No. 192); 26 WHEREAS, the Court’s Standing Order for Civil Cases requires that “[t]he attorney appearing 27 || atacase management conference must have full authority to make decisions about any issue that may 28 || come up during the conference” (Order 4 16); 2, StIP. ND PROP'D ORDER TO □□□□□□□ CMC
1 WHEREAS, Defendants’ lead trial counsel has a previously-scheduled medical procedure on 2 || March 11, 2025 that will require at least one week of recuperation; 3 WHEREAS, upon receiving the Court’s order setting a March 11, 2025 case management 4 || conference, Defendants immediately informed Plaintiffs of lead trial counsel’s unavailability on that 5 || day and looked for agreement for an alternative date; 6 WHEREAS, Defendants have requested a two-week adjournment of the Case Management 7 || Conference from March 11, 2025, to March 25, 2025, and Lead Plaintiffs have no objection; 8 WHEREAS, in support of this Stipulation, and in accordance with the requirements of Civil 9 || Local Rule 6-2(a), Defendants submit the Declaration of Patrick E. Gibbs concurrently herewith. 10 NOW THEREFORE, IT IS HEREBY STIPULATED AND AGREED, by and among the 11 || Parties, through their undersigned counsel of record, and respectfully requested, that the Court order 12 || as follows: 13 1. The Parties will file their Joint Case Management Statement on March 4, 2025 pursuant 14 || to the Court’s February 26, 2025 Order (ECF No. 192). 15 2. The initial Case Management Conference is continued from March 11, 2025 at 2:00 16 || p.m. to March 25, 2025 at 2:00 p.m. via Zoom webinar, or at a later date convenient for the Court. 17 18 19 20 21 22 23 24 25 26 27 28 3 STIP. AND PROP’D ORDER TO CONTINUE CMC Case Nos. 4-18-cv-07669-HSC
1 || Dated: February 28, 2025 COOLEY LLP 2 3 /s/ Patrick E. Gibbs Patrick E. Gibbs (183174) 4 (pgibbs @cooley.com) Amanda A. Main (260814) 5 (amain @cooley.com) John C. Bostic (264367) 6 (jbostic @cooley.com) Brett De Jarnette (292919) 7 (bdejarnette @ cooley.com) 3175 Hanover Street 8 Palo Alto, CA 94304-1130 Telephone: (650) 843-5000 9 Facsimile: (650) 849-7400 10 Sarah M. Lightdale (4395661) (slightdale @cooley.com) 1] 55 Hudson Yards New York, NY 10001-2157 12 Telephone: (212) 479-6000 B Facsimile: (212) 479-6275 Counsel for Defendants NVIDIA Corporation 14 and Jensen Huang 15 16 KESSLER TOPAZ MELTZER & CHECK, LLP 18 /s/ Matthew L. Mustokoff Matthew L. Mustokoff (pro hac vice) 19 ([email protected]) Andrew L. Zivitz (pro hac vice) 0 (azivitz @ ktmc.com) Nathan A. Hasiuk (pro hac vice) (nhasiuk @ktmc.com) 280 King of Prussia Road 9 Radnor, PA 19087 Tel: (610) 667-7706 Fax: (610) 667-7056 23 -and- 5 Stacey M. Kaplan (Bar No. 241989) (skaplan @ktmc.com) One Sansome Street, Suite 1850 San Francisco, CA 94104 Tel: (415) 400-3000 Fax: (415) 400-3001 28 4 STIP. AND PROP’D ORDER TO CONTINUE CMC , CASE Nos. 4:18-cv-07669-HSG
1 Counsel for Lead Plaintiff Lannebo Kapitalforvaltning AB and Co-Lead Counsel for 2 the Class 3 BERNSTEIN LITOWITZ BERGER 4 & GROSSMANN LLP 5 Jonathan D. Uslaner (Bar No. 256898) (jonathanu @ blbglaw.com) 6 2121 Avenue of the Stars, Suite 2575 Los Angeles, CA 90067 7 Tel: (310) 819-3472 8 -and- 9 John J. Rizio-Hamilton (pro hac vice) (johnr @blbglaw.com) 10 Michael M. Mathai (pro hac vice) (michael.mathai @ blbglaw.com) 11 Sarah K. Schmidt (pro hac vice forthcoming) (sarah.schmidt @ blbglaw.com) 12 1251 Avenue of the Americas New York, NY 10020 13 Tel: (212) 554-1400 Fax: (212) 554-1444 14 Counsel for Lead Plaintiff Stichting Pensioenfonds 15 PGB and Co-Lead Counsel for the Class 16 17 * OK OR 18 ATTESTATION 19 Pursuant to Civil Local Rule 5-1(4)(3) regarding signatures, I, Patrick E. Gibbs, hereby attest 20 that concurrence in the filing of this document has been obtained. 21 22 Dated: February 28, 2025 /s/ Patrick E. Gibbs 23 Patrick E. Gibbs 24 25 26 27 28 5 STIP. AND PROP’D ORDER TO CONTINUE CMC , CASE Nos. 4:18-cv-07669-HSG
1 ORDER 2 Having considered the Parties’ Joint Stipulation, and good cause appearing therefore, IT IS 3 || HEREBY ORDERED that the Joint Stipulation is Granted: 4 1. The Parties will file their Joint Case Management Statement on March 4, 2025 pursuant 5 || to the Court’s February 26, 2025 Order (ECF No. 192). 6 2. The initial Case Management Conference will be held on March 25, 2025 at 2:00 p.m. 7 || via Zoom webinar. The Zoom webinar information and instructions remain the same as 8 previously provided in docket no. 192 and associated docket entry. 9 PURSUANT TO STIPULATION, IT IS SO ORDERED. 10 11 || DATED: 3/3/2025 12
He H@norable Haywood S. Gitlianir. □ 14 United States District Judge 15 || 315352358 v3 16 17 18 19 20 21 22 23 24 25 26 27 28 6. STIP. AND PROP’D ORDER TO CONTINUE CMC Case Nos. 4-18-cv-07669-HSC
Reference
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