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Brado v. Vocera Communications, Inc.

United States District Court, Ninth Circuit

September 23, 2013

MICHAEL BRADO, Individually and on Behalf of All Others Similarly Situated, Plaintiff,
v.
VOCERA COMMUNICATIONS, INC., ROBERT J. ZOLLARS, BRENT D. LANG, MARTIN J. SILVER, WILLIAM R. ZERELLA, BRIAN D. ASCHER, JOHN B. GROTTING, JEFFREY H. HILLEBRAND, HOWARD E. JANZEN, JOHN N. MCMULLEN, HANY M. NADA, DONALD F. WOOD, J.P. MORGAN SECURITIES LLC, PIPER JAFFRAY & CO., ROBERT W. BAIRD & CO. INCORPORATED, WILLIAM BLAIR & COMPANY, L.L.C., WELLS FARGO SECURITIES, LLC, and LEERINK SWANN LLC, Defendants. DALE DUNCAN, Individually and on Behalf of All Others Similarly Situated, Plaintiff,
v.
VOCERA COMMUNICATIONS, INC., ROBERT J. ZOLLARS, BRENT D. LANG, MARTIN J. SILVER, WILLIAM R. ZERELLA, BRIAN D. ASCHER, JOHN B. GROTTING, JEFFREY H. HILLEBRAND, HOWARD E. JANZEN, JOHN N. MCMULLEN, HANY M. NADA, DONALD F. WOOD, J.P. MORGAN SECURITIES LLC, PIPER JAFFRAY & CO., ROBERT W. BAIRD & CO. INCORPORATED, WILLIAM BLAIR & COMPANY, L.L.C., WELLS FARGO SECURITIES, LLC, and LEERINK SWANN LLC, Defendants.

SUSAN S. MUCK (CSB NO. 126930), CATHERINE KEVANE (CSB NO. 215501), JENNIFER BRETAN (CSB NO. 233475), FENWICK & WEST LLP, San Francisco, California, RONNIE SOLOMON (CSB NO. 284923), Mountain View, California, Attorneys for Defendants Vocera Communications, Inc., Robert J. Zollars, Brent D. Lang, Martin J. Silver, William R. Zerella, Brian D. Ascher, John B. Grotting, Jeffrey H. Hillebrand, Howard E. Janzen, John N. McMullen, Hany M. Nada, and Donald F. Wood

FENWICK & WEST LLP Jennifer C. Bretan, Esq. San Francisco, California, Attorneys for Vocera Communications, Inc., Robert J. Zollars, Brent D. Lang, Martin J. Silver, William R. Zerella, Brian D. Ascher, John B. Grotting, Jeffrey H. Hillebrand, Howard E. Janzen, John N. McMullen, Hany M. Nada, and Donald F. Wood HOGAN LOVELLS U.S. LLP, Norman J. Blears, Esq., Palo Alto, CA, Attorneys for Defendants J.P. Morgan Securities LLC, Piper Jaffray & Co., Robert W. Baird & Co. Incorporated, William Blair & Company, L.L.C., Wells Fargo Securities, LLC, and Leerink Swann LLC.

SCOTT䠣, ATTORNEYS AT LAW, LLP, Hal Cunningham, Esq., Los Angeles, CA, Attorneys for Plaintiff Michael Brado.

GLANCY BINKOW& GOLDBERG LLP, Robert Prongay, Esq., Los Angeles, CA, Attorneys for Plaintiff Dale Duncan.

STIPULATION AND [PROPOSED ] ORDER CONTINUING CASE MANAGEMENT CONFERENCES

EDWARD M. CHEN, District Judge.

WHEREAS, the above-captioned actions, Brado v. Vocera Communications, Inc. et al., Case No. CV-13-03567 EMC, filed on August 1, 2013 (" Brado ") and Duncan v. Vocera Communications, Inc. et al., Case No. CV-13-03872 EMC, filed on August 21, 2013 (" Duncan ") (together, the "Securities Actions"), are proposed class actions alleging violations of the federal securities laws against Vocera Communications, Inc., ("Vocera" or the "Company"), certain individual officers and directors of the Company, and certain investment banks that served as underwriters in connection with the Company's initial public offering, (collectively, "Defendants"); and

WHEREAS, on August 1, 2013, this Court issued an Order Setting Initial Case Management Conference And ADR Deadlines (Dkt. No. 2) in Brado, the first-filed action, setting the following deadlines:

1. October 10, 2013 for the parties to comply with certain requirements under the Federal Rules of Civil Procedure and the Northern District of California Civil Local Rules ("Local Rules" or "Civil L.R.") and Alternative Dispute Resolution ("ADR") Local Rules regarding discovery, early settlement, and the ADR Multi-Option Program; and
2. October 24, 2013 for the parties to file a Rule 26(f) Report, complete initial disclosures or state objection in Rule 26(f) Report and file a Joint Case Management Statement; and
3. October 31, 2013 at 9:00 a.m. for an initial case management conference; and WHEREAS, on September 17, 2013, the Court issued an Order deeming the Securities

Actions "related cases" within the meaning of Northern District of California Civil Local Rule ("Civil L.R.") 3-12 and ordering that the case management deadlines in the reassigned case be rescheduled (Dkts. 33, 34);

WHEREAS, the Securities Actions are subject to the requirements of the Private Securities Litigation Reform Act of 1995, Pub.L. No. 104-67, 109 Stat. 737 (1995) (the "Reform Act"), which sets forth specialized procedures for the administration of securities class actions; and

WHEREAS, the Reform Act provides for the appointment of a lead plaintiff to act on behalf of the purported class following consolidation (15 U.S.C. §78u-4(a)(3)(B)(ii)); and

WHEREAS, on September 30, 2013, motions for consolidation and for appointment of lead plaintiff in the consolidated action are expected to ...


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