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In re PMC-Sierra

May 13, 2009

IN RE PMC-SIERRA, INC. DERIVATIVE LITIGATION


The opinion of the court was delivered by: The Honorable Richard Seeborg United States Magistrate Judge

JOINT CASE STATUS REPORT AND [PROPOSED] ORDER

This Document Relates To:

ALL ACTIONS.

WHEREAS, on April 22, 2009, the Court entered its Stipulation and Order re Briefing Schedule and Vacating May 12, 2009 Hearing;

WHEREAS, the parties have continued to meet and confer regarding a resolution and have made substantial progress toward a settlement of the above captioned litigation;

WHEREAS, the parties are currently drafting settlement papers and expect to submit said papers to the Court soon;

NOW THEREFORE, it is hereby agreed between the parties through their respective counsel of record that, subject to the approval of the court as follows:

1. All proceedings regarding the pending motion to dismiss shall remain stayed; and

2. The parties shall submit settlement papers in June 2009.

DATED: May 12, 2009

COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP SHAWN A. WILLIAMS 100 Pine Street, Suite 2600 San Francisco, CA 94111 Telephone: 415/288-4545 415/288-4534 (fax)

COUGHLIN STOIA GELLER RUDMAN & ROBBINS LLP TRAVIS E. DOWNS III BENNY C. GOODMAN III 655 West Broadway, Suite 1900 San Diego, CA 92101 Telephone: 619/231-1058 619/231-7423 (fax) Lead Counsel for Plaintiff.

THE WEISER LAW FIRM, P.C. ROBERT B. WEISER 121 N. Wayne Avenue, Suite 100 Wayne, PA 19087 Telephone: 610/225-2677 610/225-2678 ...


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