clerk, u.s. district cour1 may - 2...
TRANSCRIPT
04/2~/ Z005 10 :33 FAY, 6 50 697 2 495
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Corc cV `Fitre S1 ioll -Mc C
JOSEPH W . COTCBETT (#36324)BRUCE L. SIMON (#96241)NANCY L. PINBMAN (#124970)COTC.HETT, PITRE, SLMON & McCARTHYSan Francisco Airport Office Center840 Malcolm Road, Suite 200Burlingame, California 94010(650) 697-600 0
Counsel for the Lead Plaintiff CaISTRSand the Class
FILEDCLERK, U .S . DISTRICT COUR 1
MAY - 2 2005
CENTRAL DISTRICT OF CALIFORNIABY DEPUTY
Senilityrid
tzzinterClosed .JS-5/JS-6JS-2/JS-3Scan Onl y
UNITED STATES DISTRICT COURT
FOR THE CENTRAL DISTRICT OF CALIFORNIA
WESTERN DIVISIO N
In re HOMESTORE .COM, INC . SECURITIESLITIGATION
This Document Relates To :
ALL ACTIONS .
=-3
BY 004
Stipulation and [Proposed Order Rx;4 .14 .05 Amended Orde rCase No . 01-CV-1 I 113 RSWL (CWx)
- 4t1$t20O51 x .37 05 AM
BY : -Ax
Master File No . 01-CV-11115 RSWL (CWx)
STIPULATION AND [M]ORDER MODIFYING CERTAINDATES IN THE APRIL 14, 2005AMENDED ORDER PREL.IMYNARILYAPPROVING SETTLEMENTS ANDPROVIDING FOR NOTICE OFSETTLEMENTS
)•
COTCHETY, HTRE. SIMON & h~cC,A940 Malcolm Rd., Suite 200, Burlingame, CATclcphoze. (650) 697-6000
1@ U0 2.
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04/28/2005 10 ; .3 FAX 650 687 2495 Cr tchett iltre S1mon,Nc C
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E04a
STIPULATION
Lead Plaintiff California State Teachers ' Retirement System ("CaISTRS" or "Lead
Plaintiff') and Joseph J . Shew ("Shew"), John M . Giesecke, Jr . ("Giesecke"), John D. DeSimone
("DeSimone '"), Sophia Losh (Lush'"), Jeffrey M . Kalina ("Kalina") and David Rosenblatt
("Rosenblatt'"} submit the following Stipulation and Proposed Order modifying certain dates in
the April 14, 2005 Amended Order , Preliminarily Approving Settlements and providing for
Notice of Settlement ("Amended Order"), attached hereto as Exhibit A:'
RECITALS
A. Whereas, on December 23, 2004 , the Court entered an Order preliminarily
approving Lead Plaintiffs settlements with Slew, Giesecke , DeSimone, Losh and Kalina and
ordered that notice be provided ;
B. Whereas, on or about January 20 , 2005 , Lead Plaintiff finalized its sett lement with
Rosenblatt ;
C. Whereas , on or about February 4, 2005 , Lead Plaintiff filed its Motion for :
(1) Preliminary Approval of Class Settlement with David Rosenblatt; (2) Entry of an Amended
Order Preliminarily Approving Sett lements ; and (3) Application for Partial Distribution from the
Settlement Fund ("Motion ") and submitted therewith the proposed Amended Order, which
contained ce rtain deadlines ;
D. Whereas, on February 25, 2005 , the Court took Lead Plaintiff's Motion set for
February 28, 2005 off calendar and the Motion under submission ;
E . Vy'hereas, the Court entered the Amended Order on April 14, 2005; and
F. Whereas, by virtue of the fact that the Amended Order was signed 48 days after
the Motion was taken under submission , the deadlines for opting out and objecting, and filing
claims must be modified to allow sufficient time for notice and anew date set for the Final
Approval Hearing .
ill
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StIpulation and (Proposed) Order Re: COTCHETr, VITRE, SIMON & McCARTTIY4-T4-O5 Amended Order 840 Malcolm ]td., Suite 200, Burlingame, CA 94010Casc No. 01-CV•II1JS RSWL (CWX) 1 Telephone : (650) 697-6 00 D
11313762. -4 I2O l5 f 0 .37 .05 AM
04/28 / 2005 10 :33 FAX 6 50 697 2495 Cotchett Fitre_Simon TCC 004
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BASED THEREON, IT IS HEREBY STIPULATED by and between the part ies as
follows :
That the schedule for opting out, objecting and filing a claim be revised as follows :
NEW PROPOSED DATE S
Notice 5 business days from entry of thispublication/mail date Stipulation and Proposed Order -
Last day to object or 80 days after publication and mailingopt ou t
Last day to submit 105 days after publication and mailingclaims
Final ApprovalHearing
SO STIPULATED .
28 days after the last day to object oropt out (lithe date does not fall on aMonday, the first following Monday . )
DATED : April 2005 COTCHETT PITRE SIMON & McCARTPCY
ByBruce L_ SimonAttorneysfor PlaintiffCalifornia State Teachers Retirement System
~J DATED : April , 2005 ' 1OWREY SIMON ARNOLD & WIIITE LL P
ByJan L. HandzlikAttorneys for John Giesecke
i DATED: April , 2005 FAIRBANK & VINCENT
By
Stipubtiols and P roposedl Order Re :4-14-05 Amendcd Orde rCase No. 01-CV-11115 RSWL (CWI)•
- 4080005 10 .3105 AM
Robert H . FairbankAttorneys for Joseph She w
COTCHETT, PITRE, SIMON & McCA1tTHY840 Malcolm Rd., Suite 200 . Burlingame, CA 9401 0
2 Telephone : (650) 697-6000
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04/28/2005 10 :34 FAX 650 697 2495 Cotcbett P•ltre S1mon MCC
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BASED ThEPIQN, IT IS TF.MY STIPU.LATF-D by and betwem the parties as
follows.
That the scbcduto t br opting vat, ab jmting and g a claim bo revised as follows :
NEW PROPOSED DATE S
Notice S bu ess days from e =y of tbispublicazzonlrm.ail daze Stipu1atior and Proposed Order
Last day to object or 80 days air public oa amd mailingopt OZ$
Z.ast day to submit I06 days e#tet publication and mailingclams
Final Approval . 28 days after the t day to objectorRoaring opt out (If the date doc s mot f on a
Monday, the it following Monday .)
SO S'11FVLA' .
DAB- Apn1 _ _ , 2005 COOTCfMTT ViTRr SIMON & McC_a.RTIIY
2005
L . 1
ByDruz 1- SimonAuorneysfar P14int j`'California State Thachers ,Rerirernent Sszem
DATED: April 2005 ROWREY SIMOPT A T{7X,ri W TE ALP
BY L3' L Hszxl2lik
Sys for John Gfjedc
DATED: Ap i1 2005 EAIRBANK & V NCENW
kobeit ~i- FairbankAttorneysfar Joseph Shew
sp~pDI oa . [tropo~ct) 0Na Iic COTCI T'T, P1fl STMON & 1 UCMMAY
OI•c~-II s Ms ~rswi .,•ei e~mr 4cd Qrerr A40 M51cvhh kd. SUP1 DQr O. dIogucne , C. Oil,fi 4
C- -(Cwx) 2- r~~h4a~ (Sa)ri-6000
11313162 f6 4~t3I~QO 0:3105 AEI
04/28/2D05 10 :34 FAX 650 697 249 5
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Cotchett Fltre _S iuon '9c C
BASBD TEEREON', IT IS HEREBY ST1?ULATED by and betweet tha pKt* a s
follows:
That the schedule for opting oot, objecting and filing a claim be xeviaed as follows :
NEW PROPOSED DATES
Nt)tice 5bus days from entry of thispub&,- tiom/na date Stipulation and Proposed Order
Last day to objector 8l0 days after p t blication and mailingopt ant
Last day to submit 145 d ►s after publication an mailin gclaims
mI Approval 28 days aftt r the last day to objecto rHem* opt out (If the date does not f d on a
Monday, the fast following Monday.)
SO STIPULATED .
DATED: April 2005 COTCHETT PIT1 S IMON & 1CARTHY
co ~ .. Sim6iAt orn ,sforPtaa'ntffCalVbmia State 'eachers Rairemenr System
11 DATED: Apiil . 2005
1 1DATPD: A.prd , 2005
BO Y SIMON ARNOLD & WMM LU'
ran L. Hand2li k4tarney~f'r John Giesecke
F'ATRSANK & VINCENT
ByRobert FaizbankAttorneys far Joseph Shew
1j00 6
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11S 2 4 - C S otr and Rropaaffld]Wow Rw, COt IZ, I rM P, ff H O N & M J YR-14-51mcadtd ~rttor 840 A14MIm 1 . Sultn ZDOJ. B04I3g a CA %0I4
.~. i4/26,2005 10 :37'05 AM
T-1-R&nr1 rfign W-9wo11313762 . td -
04/28/ 2005 10 :34 FAX 650 697 2495 Cotchett Fitre Simon McC
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DATED, April ~ 2005 SADOWSKY
forJohn IDeSirnona
DATED : April 2005
DATED : Apnl,, 200 5
II DATED: Apnt~, 200S
LIGHTEOOT, VANME3]'4 & E
B ORENSTEIN S CHEPER & LL P
ByDavid C . Sc.heperAttorn eys for Jef~'Kal ina
CLARENC"E SHELL & DYER LLP
Byi~ nci L. C1 recceAttorneys for Sophia Losh
PILLSBURY WINTHROP SHAW P1TT A I LLP
ByWalter 1. Robinson, UIArtorney,s for David 1RosenW ai t
[I)ROPOS)ED] ORDER
Saving read and reviewed 1e foregoing Stipu3 .ad. ri, IT IS ORDERED THAT the
schediule outlined in the Amended Order entered by the Court on April 14, 2005 be revised to :
NEW DATES
Notice' 5 business d&ys from entry of thispublicatiorilmail date StipuIatiou and?roposed Order
t day to object or 80 days after publication and mailingopt out
Last day to sof t 105 days after publication and mailin gclaims
Final Approval 28 days after the last day to object o rHerring opt out (If the date does not fall on a
Monday, the first following Monday)
stipvlatoa and (Proparcdl 0rdra' Pt: COTCnTT. P11M SNON d'c A4.,CARTfY
4-54-05 AmendcdOrder $40 M01ro1m R4, Soho 20 0, jPAVH1%ni CA 9401 0•_ _ . . . . .~~ na v. rrwu .~ 3 T4epb Ar.. (650) 697-6 00U
.__ 0 007
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TOTAL P .0211313762 of - 412800510 .3105 AM
04/28/2005 10 :34 FAX 650 697 2495 Cotchett Pitre.Simon-McC 0008
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Final ApprovalHearing
80 days after publication and mailing
105 days after publication and mailing
28 days after the last day to objectoropt out (If the date does not fall on .Monday, th first following Monday)
BATED : April -,2005 LDH ~VANDEVEI'DF-1 SAAOW I Y
ByJahn D V ;ftndCVC1d t-Attorneys far John DeSimon e
DAT F- D : Apfil j~2005 OVERLAND BORENSTED SCFIEPER & YJM,
LLP
ByL-- 5-wt-yid C . Scler
Attorneysfar cf.Kalina
DATED : Apri] 2005 CLARENCE SNELL & DYI R LLP
ByNanai I- ClarenceAtto rneysfor Sophia Los t
~j DATED- April 2005 PILLSBURY WJNTJIRDP SHAW PITT MAN LLP14
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towtcr L Robinson, IIIAttorneys for David Rosenblatt
1 ROPO8ED1 ORDER
Raving read and reviewed rhr, foregoing Stipulation, TT IS ORDERED THAT the
schedtile outlined in the Amended Order entered by the Court on April 14, 2005 be revised to,.
21 NEW DATES .
0LL
v-)
Notice 5 basbiess days from Wry of tbiapublication/mail date Stipulation and Proposed Orde r
Last day to object oropt out
Last day to submiteIQimS
yrvw uvo Mnei ~LIUj~
"
ACUJ Vl1ltr,~LL•d-,l4- AmendnlOra¢ rCoat N0. Of-CV-1111S dl&WL (CWi)
COTC11XTr Priiu , SIM41ON dFM TNYR4D MAkolm $ q, Suite 39Q, NrIl"poq CA 910, O`ftlepbaac : (6 5T 07-00D
113131b7.iif - 0/00510 37 .45 AM
04/28/2005 10 :34 FAX 650 697 249 5
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Cotchett •Pitre Simon .McC _
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DATED : April 200$ I,TGG1T1'OOT, VANDEVY-ME , SADOi SKYI'tEDV NE & LTVT
ByJohn D. VandmvaldeAtrorneys for John DeSirnone
DA'ED; April ,2005 OVERLAND BORENST! N SCHEpE & KrM LLP
ByDavid C. Schc erA ttorneysfor J K.1ina
I DATED Apr13 v-~ 2005 CfAREN9E yS LL & DYrR LLP
By
Attorneys far SopJ Lash
DATED: April , 2005 PIUSBURY WJN HROP SHAW PITrviAN L LP
By
after T. Robinson, III-Attorneys for David 1 osenbIait
[PROPOSED] ORDER
Raving read and reviewed the forcgoizg Stip zion, IT IS ORD I THAT ihe
sehc4ule outlined in the A3n=ckd Order mu=d by the Court oii Apri114,200-' be revised to .,
NEW DATES
NWrlb 5 bonus days from eg try of thispublicadoDJ Bid date StipuM= adProposadOrder
Last day to object or 90 days aft= publi .catioa audTnain
opt out
Last day To subirut 105 days after' publicaiio - euid mai4gclaims
Final Approval 28 days after the fast day to object onHcatiug opt oU.t (If The dato dons not f .11 on
Monday, th first fbMwiag Monday .
StipU ithin su a {rrepvasdj Os dvr Ba62105l►hwndn1 Dra mewe No. 0-CY-11715RSWL(CWX)
COTc rr, PMz SIMON & McCaTSYSdOMQ3r Jnz lid-,SviteZ09,D urltngumz,C494Di4Telepbanc: (450) &97.40 00I
Ci
13f3762 tif- 4t26n0O510 37.05 AM
04/28 / 2,005 10 :34 FAX 650 .697 249 5
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Cotchett P1tre Simon •MfcC J 01 0
DAB ED: April2005 ME1] xY
FN~ ~
) VANDFVFJJDE' SAbOWSKY
ByJohn D, Vandcv~ldaArrorneysfar John D S mon3
DATED: April_-, 2005 OVERLANDBO} ENSTEINSCHEPFR&KIMMP
BYDavid C. SeheperAttorneys forJeff Kalina
DATED; A.pol ,2005 CLARENCE SNELL & DYF R LLP
'ByNanci. L . G1ceaceAttorneys for Sophia Lash
DATED: April S-C , 2005 PILLSBURY WJNXgROP SHAW P IT AN LLP
ByW o iusou, IIIAuarn farDavid 1 SenblatJ
[PROPOSED] ORDE R
Having read and reviewed the farewing Stipulation, IT IS ORDERED THAT the
schedule outlined in the Amemded Order ent'rcd by the Court on April 14, 2005 be revised to :
Noticepublic an dam
NEW DATES
5 busies days ftom entry of this5tipulatioa d Proposed Order -
I toy to object or 80 days sft~rpiibHcalion and mailingOpt out
tat d-.y to snbutit 105 days aftfz pnblicaEon and m zgclaims
FYnsi Appxvval
fl=xug
28 days after the last day to object oropt out (!f The date does not fall an aMonday, tbc f fallowing Monday)
ClLL I
U
ll 4- p glstiaa and Il'topns~Aj 4nlrrRt: COTcn rr, Prn MOON & M AX '4-] 4-U~ A tr►ende[i QT~cr $4G M01ao1m ] 4 . Shift 70116 UATlU Pmr , CA 94W R
'2 Trlenhoae: t65Q1697~DDU1313762 .tif - 41281200510 :37 05 AM
04/28/2005 44 :30 FAX 650 697 Cotchett Pitre Simon Mce Ij002
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All other provisions within the Amended Order shall remain unchanged .
IT IS SO ORDERED .
DATED: 2005 RONALD S .W . LEW
Hon. Ronald S .W_ LewUnited States District Judge
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Sdpulalion and [Proposed) Order Re: COTCHETC, PITRZ SEMON & McCARTHY
4-14-0+ Amended Order 640 Malcolm Rd., Suite 200, Burli ngame , CA 94010
Case No. 01-CV-11115 RSWL (CWr) 4 Telephone. (650) 697-600 0
i - In4Mnr 01 ~1 Oki - -- --- -
04/2 S/ 2005 10 : 34 FAX 650 697 2 495
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Cotchett Pitre Simon 11c C
PROOF OF SERVICE
1012
I am employed in San Mateo County, which is where service of the document(s) referred
to below occurred. I am over the age of 18 years and not a party to the within action- My
business address is Cotchett, Pitre, Simon & McCarthy, San Francisco Airport Office Center,
840 Malcolm Road, Suite 200, Burlingame, California 94010 . I am readily familiar with
Cotchett, Pitre, Simon & McCarthy's practices for the service of documents . On this date, I
served or caused to be served a true copy of the following document(s) in the manner listed
below :
STIPULATION AND [PROPOSED] ORDER MODIFYING CERTAIN DATES INTHE APRIL 14, 2005 AMENDED ORDER PRELINIINARILY APPROVING-SETTLEMENTS AND PROVIDING FOR NOTICE OF SETTLEMENTS
11XX BY MAIL: I caused such envelope (s) to be deposited in the mail at my business address,
12 addressed to the addressee (s) designated . I am readily familiar with Cotchett , Pitre,Simon & McCarthy ' s prac tice for collection and processing of correspondence and
13 pleadings for mailing. It is deposited with the United States Postal Serv ice on that sameday in the ordinary course of business .
I[SEE ATTACHED SERVICE LIST]
IBY OVERNIGHT COURIER SERVICE : I am readily familiar with Cotchett, Pitre,
I Simon & McCarthy 's practice for causing documents to be served by overnight courier .Following that practice, I caused such envelopes to be delivered via overnight courie r
1 service to the addressee (s) designated .
1 BY FACSINHLE : I am readily familiar with Cotchett, Pitre, Simon & McCarthy'spractice for causing documents to be served by facsimile . I caused said document(s) to be
1 transmitted to the telephone number (s) of the addressee(s) designated .
2 HAND DELIVERY : I am readily familiar with Cotchett , Pitre, Simon & McCarthy'spractice for causing documents to be served by hand delivery . Fo llowing that practice, I
2 caused the scaled envelope containing the aforemen ti oned document (s) to be han ddelivered to the addressee (s) speci fied below .
2I declare under penalty of perjury under the laws of the United States of Ame rica that the
23foregoing is true and correct . Executed at Burling e, California , on Ap ri l 28, 2005 .
2
JoAnne Lein
PROOF OF SERVICE.Case ND . 01-CV-11115 RSWL (CWx)
COTCIJETr, MITRE, SIMON & MCCARTTRY540 Malcolm Rd ., Suite 200, Burlingame, CA 94010Telephone; (650) 697-6000
Ya::U
1171 U F 9 till d17R19AA6 Fft 17-f1K dU
04/28/2005 10 :34 FAX 650 697 2495 Cotchett Pitre Simon h(c C
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In re Homestore. co rn, Inc . Securities LitigationMaster File No . 01-CV-111 I S RSVJL (CWx )
SERVICE LIST
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Robert H. Vanderet Attorneys for Defendant fomstore. Inc,Seth Aronson And Evelyn YalungSharon TomkinsMichelle Davidso nO'MEL'VENY & MYERS L ?400 South Hope Stree tLos Angeles, CA 9007 1Tel: 213-430-6260Fax: 213-430-640 7bvanderet{u~ornm.comsaronson amm.comstomkinse,orrun cornmdavidson(u7omm .com
Dean Kitchens Attorneys for Defendant PWCG18sON, DUNN & CRUTCHE R
333 South Grand AvenueLos Angeles, CA 90071-319 7Tel: 213-229-7000Fax: 213-229-7520dki tchens@gi bsondunn. corn.ldean(a, ibsondunn .com
Howard M. Privette Attorneys for Defendant WolffPAUL HASTINGS SANoFSKY & WALKER515 South Flower StreetLos Angeles, CA 9007 1Tel: 213-683-6000Fax: 213-627-0705howard a s - rn
Marc A. Fenster Attorney for Defendant TafeenRuss AUGUST & KABA T12424 Wilshire Boulevard, Suite 120 0Los Angeles, CA 90025Tel : 310-826-7474Fax: 310-826-699 1nifelister@Laklaw .com
Jan L. Handzlik Attorneys for John Gie_seckeHowREY SIMor' ARNOLD & WHITE LL P
550 South Hope Street, Suite 110 0Los Angeles, CA 90071Tel : 213-892-180 0Fax: 213-892-230 0handzliki howrey .corn
FROO). OF SERVICE COTCgETr, MITRE, SIMON & McCARTUYCase No . 01-CV-11 1151 SWL (CWX) 840 Malcolm Rd- Suite 200 , Burlingame. CA 9401 0
2 Telephone: (650) 697-6 000
1131,1762 ti 4~18l2OD510 .3105 Akl
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04/28/2005 10 :35 FAX 150 697 2495 C otchett i'itre Simon .Ilc C
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Robe rt H . Fairbank Attorneys for Joseph J ShewAnn Rippeto eFAMANK & VINCENT
11755 Wilshire Boulevard , Suite 232 0Los Angeles , CA 9002 5Tel : 310-996-552 0Fax : 310-996-5530rl~f a , fvlaw.coin
Terry W . BirdBa 11D, MARELLA , Bon1r, ET AL.
1875 Century Park E ., #2300Los Angeles , CA 90067Tel: 310-201-2100Fax : 310-201-211 0twb n bmbwl aw .com
John D . Vandevelde Attorneys for John DeSimoneLICHTFOOT, VANDEVELDE , SADOWSKY1LDVENE & LEVIN E655 South Hope Street , 13 " F ILos Angeles , CA 90017Tel: 213 -622-4750Fax: 213-622-2690j vandevelde@l i ghtfo otvandevel de . co rn
Walter 1 . Robinson , III Attorneys forRocenblattMartin D . DioliPILLSBURY WINTHROP SHAW PITTMAN LL P2475 Hanover Stree tPalo Alto, CA 94304-111 4Tel: 650-233-450 0Fax: 650-233-4545wrobimon@l i llsbiML]aw.com
David C. Scheper Attorneys for KalinaOVERLAND B)RENSTEIN Sc r PER & KIM LLP300 South Grand Avenue , Suite 275 0Los Angeles , CA 9007 1Tel: 213-6. 13-4695Fax: 213-613-4656dscheper t~r,obsklaw.com
Nanci L. Clarence A ttorneys for Sophia Lrs hKate DyerCLARENCE & DYER LLP899 Ellis Stree tSan Francisco , CA 94109-7807Tel : 415-749-7800Fax:415-749-1694nclarenceOa ,clarencedyer.comkdver ¢ elarencedver.com
PROOF OF SERVICE COTO1J-1`x, P1TRE, SiMON & McCARflIYCsse No. 01-CV-11115 RSWL (CWx) 840 Malcolm Rd ., Suite 200, 8nrlinjame, CA 9401 0
3 Telephuae: (650) 697-6000
1313162 . 4181200510 :37,05 AM
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