IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF IDAHO

Transcription

1 RICHARD H. GREENER (ISB No. 1191) THOMAS G. WALKER (ISB No. 1856) LaDAWN MARSTERS (ISB No ) COSHO, HUMPHREY, GREENER & WELSH, P.A. Carnegie Buildin g 815 West Washington Street Boise, Idaho 8372 Telephone : (28) Facsimile: (28) RORIGINA L ItJ}~ff D LYNN LINCOLN SARK O, WSBA #16569 MARK A. GRIFFIN, WSBA #16296 ELIZABETH A. LELAND, WSBA #23433 KELLER ROHRBACK, L.L.P. 121 Third Avenue, Suite 32 Seattle, Washington 9811 Telephone : (26) Facsimile : (26) Attorneys for Plaintiffs IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF IDAHO MATTHEW J. DOUGLAS ; GLEN DOUGLAS ; and ROXANNE SARMENTO, on behalf of themselves and all others similarly situated, V. Plaintiffs, PRIMEBUYNETWORK.COM, INC., an Oklahoma corporation; CHARLES H. MICHEL; C larles CULVER; GARY E BRYANT; and NEWPORT CAPITAL CONSULTANTS, INC., a California Corporation, Defendants. Case No. CIV 1-27-N-EJL (Lead Case ) ORDER GRANTING DOUGLAS PLAINTIFF GROUP'S MOTION FOR CONSOLIDATION OF RELATED CASES, APPOINTMENT OF LEAD PLAINTIFFS AND FOR APPROVAL OF LEAD PLAINTIFFS' SELECTION OF CO-LEAD COUNSEL Consolidated with : Order Granting the Douglas Plaintiff Group 's Motion for Consolidation of Related Cases, Appointment of Lead Plaintiffs and for Approval of Lead Plaintiffs' Selection of Co-Lead Counsel - Page 1 KR:LDM :cmb C;ompaq2-51hifilesV qfrimebuylt]nuglas%pldgsllcadplaintiff17rder.dnc

2 PEGGY ALDERMAN, DONALD ALDERMAN, R13E1 T BROWN, THOMAS GILLIGAN, FAYE HALTERMAN, ANITA JONES, CINDY LANCASTER, JOHN NELSON, TERESA PA TON, DOROTHY PLANK, DAVID WHITE, and FRANCES WHITE, on behalf of themselves and all others similarly situated, Case No. CIV N-EJL V, Plaintiffs, PRIMEBUY NETWORK.COM, INC., an Oklahoma corporation; CHARLES H. MICHEL; CHARLES CULVER; GARY E. BRYANT; and NEWPORT CAPITAL CONSULTANTS, INC., a California Corporation, Having considered : Defendants. 1. The Douglas Plaintiff Group's Motion for Consolidation of Related Cases, Appointment as Lead Plaintiffs and for Approval of Lead Plaintiffs'.X21-1,IZI Selection of Co-Lead Counset ; 2. The Defendants' Non-Opposition to the Douglas Plaintiff Group's Motio n for Consolidation of Related Cases, Appointment as Lead Plaintiffs an d for Approval of Lead Plaintiffs' Selection of Co-Lead Counsel ; and 3. The tiles and records herein ; IT IS HEREBY ORDERED THAT : The Class Action Complaints for Violation of Federal and State Securities Law s and the Idaho Consumer Protection Act, entitled Alderman, et at. v. Primehuynetwork.corn, Inc., et al., and filed as Case No. CIV N-EJL (hereinafter, "Alderman"), and Douglas, et al., v. Order Granting the Douglas Plaintiff Group's Motion for Consolidation of Related Cases, Appointment of Lead Plaintiffs and for Approval of Lead Plaintiffs' Selection of Co-Lead Counsel - Page 2 KR :LC]M :cmh 1, Cnmpuy25ihlfilrs\PlPrimn[iuy\Dougla&\Pldgslt eadplainliffider.doe

3 Prirnebuynetwork.com, Inc., et al., and filed as Case No. CIV 1-27-N-EJL (hereinafter, "Douglas"), are hereby consolidated. 2. The Douglas action shall be designated as the "Lead Case" in which all futur e filings will be made, and the Scheduling Order in Douglas will govern, the consolidated matters. 3. The telephonic pretrial conference scheduled for October 24, 21 in the Alderman matter is vacated. 4. Plaintiffs Matthew J. Douglas, Glen Douglas, and Roxanne Sarmento ("Douglas Plaintiff Group") are appointed Lead Plaintiffs of the Class pursuant to 27 of the Securities Ac t of 1933 ("Securities Act"), 15 U.S.G. 77z-1, and 21D(a)(3)(B) of the Securities Exchange Ac t of 1934 ("Exchange Act"), 15 U.S.C. 78u-4(a)(3)(B). S. Plaintiffs Matthew J. Douglas and Glen Douglas are appointed Lead Plaintiffs o f the Subclass pursuant to 27 of the Securities Act, 15 U.S.C. 77z- 1, and 21D (a)(3)(b) of the Exchange Act, 15 U.S.C. 78u-4(a)(3)(B). 6. Lead Plaintiffs' selection of co-lead counsel is approved. Keller Rohrback L.L.P. and Cosho, Humphrey, Greener & Welsh, P.A. are appointed Co-Lead Counsel for the Class, including Subclass, pursuant to 27 of the Securities Act, 15 U.S.C. 77z-1(a)(3)(B)(v) and Exchange Act 21D(a)(3)(B)(v), 15 U.S.C. 78u-4(a)(3)(B)(v). 7. A copy of this Order shall be served on all parties of record within seven (7) days of receipt hereof by Co-Lead Counsel. IT IS SO ORDERED. Order Granting the Douglas Plaintiff Group's Motion for Consolidation of Related Cases, Appointment of Lead Plaintiffs and for Approval of Lead Plaintiffs ' Selection of Co-Lead Counsel - Page 3 KR :LDM :cmb Compag25(MfilrHgOdPimeBuylDougloslPJdga\Le.adPlaintiffOrder.doc

4 DATE) : AuugusE jlbd MIKEL.11. WILLIAM S UNITED STATES MAGISTRATE. J UDGL

5 MAILING CERTIFICAT E 1 HEREBY CERTIFY that a tree and correct copy of the foregoing was mailed this day of August, 21, to the following : RICHARD H GREENER THOMAS G WALKER LADAWN M MARSTERS COSHO HUMPHREY ET AL 8 15 W WASHINGTON BOTSE ID 8372 LYNN LINCOLN SARKO MARK A GRIFFEN FLIZABETH A LELAND KETLTLFR ROHRBAC K 12! THIRD AVE STE 32 SEATTLE WA B NEWAL SQUYRES STEVEN C BOWMAN HOLLAND & HART P BOX 2527 BOISE ID AIMEE Y WONG PAUL C' NYQUJIST OPPENHEIMER WOLFF & DONNELLY 84 NEWPORT CTR DR STE 7 NEWPORT BEACH CA 9266 Cameron S. Burke, Clerk United States District Court by 4uty Clerk