Case 1:13-cv-00214-RMB Document 45 Filed 05/15/13 Page 1 of 6 Case 1:13-cv-00214-HB Document 19-1 Filed 03/05/13 Page 1 of 6 CHRIS BASNETT, Individually and On Behalf of All Others Similarly Situated, HOLDING LIMITED, CAI YOUNGJUN LAMES CRANE and MICHAEL TOUPS, DOCUMENT ELECTRONICALLY FILED DATE FILED:21 Civil Action No. 1:13-cv-00214-HB JUN MA, INDIVIDUALLY AND ON BEHALF OF ALL OTHERS SIMILARLY SITUATED, V. HOLDING LIMITED, YONGJUN CAL, LAMES CRANE, AND MICHAEL TOUPS, Civil Action No. 1:13-cv-00229-JPO CHARLIE MUNIZ, Individually and on Behalf of All Others Similarly Situated, V. HOLDING LTD., YONGJUN CAI, MICHAEL TOUPS, and JAMES CRANE, Civil Action No. 1:1 3-cv-00278-HB
Case 1:13-cv-00214-RMB Document 45 Filed 05/15/13 Page 2 of 6 Case 1:13-cv-00214-HB Document 19-1 Filed 03/05113 Page 2 of 6 PAUL HOWARD, On Behalf of Himself and All Others Similarly Situated, V. HOLDING LIMITED, CAL YONJUN MICHAEL TOUPS and JAMES CRANE, Civil Action No. 1:13-cv-00422-HB ORDER GRANTING THE LPH INVESTOR GROUP'S MOTION FOR (1) CONSOLIDATION, (2) APPOINTMENT AS LEAD PLAINTIFF, AND (3) APPROVAL OF LEAD COUNSEL WHEREAS, a putative class action under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") was filed on January 4, 2013 in the Central District of California; and WHEREAS, in accordance with the provisions of Section 21 D(a)(3)(A)(i) of the Exchange Act, on January 4, 2013, first-filed plaintiff David Contreras published notice via GlobeNewswire, a widely circulated national business-oriented wire service, advising class members of the pendency of the action, the claims asserted therein, the purported class period, and their right to move this Court to be appointed lead plaintiff; and WHEREAS, pursuant to Section 21D of the Exchange Act, any purported class member or members desiring to be appointed lead plaintiff(s) was required to have filed a motion for such appointment on or before March 5, 2013; and WHEREAS, Paul Love, Fabio Benedetto Lupis and Chris Wilson (collectively, the "LPH Investor Group") filed a timely motion to be appointed Lead Plaintiff; and
Case 1:13-cv-00214-RMB Document 45 Filed 05/15/13 Page 3 of 6 Case 1:13-cv-00214-HB Document 19-1 Filed 03105/13 Page 3 of 6 WHEREAS, the LPH Investor Group has the largest financial interest in the relief sought by the Class and otherwise best satisfies the requirements of Section 2 1 D of the Exchange Act and Rule 23 of the Federal Rules of Civil Procedure; and WHEREAS, in accordance with Section 21D(a)(3)(B)(v) of the Exchange Act, 15 U.S.C. 78u-4(a)(3)(B)(v), the LPH Investor Group seeks approval of its selection of Faruqi & Faruqi, LLP to serve as Lead Counsel for the Class. AND NOW THIS day of 2013, the Court having considered the Motion of the LPH Investor Group for (1) Consolidation; (2) Appointment as Lead Plaintiff; and (3) Approval of Lead Counsel and all supporting documents, it is hereby ORDERED as follows: CONSOLIDATION 1. The motion of the LPH Investor Group to consolidate the above-captioned actions ("Consolidated Action") is GRANTED. 2. Pursuant to Fed. R. Civ. P. 42(a), the Consolidated Action is to be consolidated for all purposes, including, without limitation, discovery, pretrial proceedings and trial. 3. Every pleading filed in the Consolidated Action shall bear the following caption: LI Ii]FE1KI ui L. l lore LONGWEI PETROLEUM INVESTMENT HOLDING LIMITED SECURITIES LITIGATION: -----------------------x This Document Relates To: -----------------------x X CA No 1 13-cv-00214-HB CLASS ACTION 4. The file in Civil Action No. 1:13-cv-00214-HB shall constitute the master file for every action in the Consolidated Action. When the document being filed pertains to all actions, the phrase "All Actions" shall appear immediately after the phrase "This Document Relates To:"
Case 1:13-cv-00214-RMB Document 45 Filed 05/15/13 Page 4 of 6 Case 1:1 3-cv-0021 4-HB Document 1 9-1 Filed 03/05/13 Page 4 of 6 in the caption. When a pleading applies only to some, but not all, of the actions the document shall list, immediately after the phrase "This Document Relates To:" the docket number for each individual action to which the document applies, along with the last name of the first listed plaintiff in that action. 5. All related actions subsequently tiled in, or transferred to, this District shall be consolidated into the Consolidated Action. This Order shall apply to every such action, absent order of the Court. A party that objects to such consolidation, or to any other provisions of this Order, must file an application for relief from this Order within ten days after the date on which a copy of this Order is mailed to the party's counsel. 6. This Order is entered without prejudice to the rights of any party to apply for severance of any claim or action with good cause shown. I 3!3 1 i W km I 7. The motion of the LPI-I Investor Group to serve as Lead Plaintiff in the Consolidated Action is GRANTED. Pursuant to Section 2 1 D of the Exchange Act, 15 U.S.C. 78u-4(a)(3)(B), the LPH Investor Group is appointed as Lead Plaintiff for the putative Class. LEAD COUNSEL 8. The motion of the LPH Investor Group for approval of its counsel as Lead Counsel is GRANTED. 9. Pursuant to Section 21D of the Exchange Act, 15 U.S.C. 78u-4(a)(3)(B)(v), Faruqi & Faruqi, LLP is approved to serve the Lead Plaintiff and the Class as Lead Counsel. 10. Lead Counsel shall manage the prosecution of the Consolidated Action to avoid duplicative or unproductive activities. Lead Counsel shall be responsible for coordination of all activities and appearances on behalf of the Lead Plaintiff and the Class and for dissemination of 4
Case 1:13-cv-00214-RMB Document 45 Filed 05/15/13 Page 5 of 6 Case 1:13-cv-00214-HB Document 19-1 Filed 03/05/13 Page 5 of 6 all notices and orders. Lead Counsel alone shall speak for Lead Plaintiff and the Class and Lead Counsel is solely responsible for communications between Lead Plaintiff and the Class and the Court. It. Lead Counsel shall have the following duties and responsibilities to perform or delegate as appropriate: a. To direct and execute on behalf of Lead Plaintiff all pleadings and filings with the Court; b. To brief and argue all motions; C. To initiate and conduct discovery, including, without limitation, coordination of discovery with Defendants' counsel, the preparation of written interrogatories, requests for admissions, and requests for production of documents; d. To direct and coordinate the examination of witnesses in depositions; e. To appoint a spokesperson for plaintiffs at pretrial conferences; f. To call and chair meetings of plaintiffs' counsel as appropriate or necessary from time to time; g. To initiate and conduct any settlement negotiations with counsel for Defendants; h. To provide general coordination of the activities of plaintiffs' counsel and to delegate work responsibilities to selected counsel as may be required in such a manner as to lead to the orderly and efficient prosecution of this litigation and to avoid duplication or unproductive effort; i. To consult with and employ experts;
Case 1:13-cv-00214-RMB Document 45 Filed 05/15/13 Page 6 of 6 Case 1:13-cv-00214-HB Document 19-1 Filed 03/05/13 Page 6 of 6 II To receive and review periodic time reports of all attorneys on behalf of plaintiffs, to determine if the time is being spent appropriately for the benefit of plaintiffs, and to determine the allocation of any attorneys' fees; k. To direct all pretrial proceedings, trial preparation, trials and post-trial proceedings; and 1. To perform such other duties as may be required by the case or expressly authorized by further order of this Court. 12. Service of pleadings and other papers by Defendants shall be made upon Lead Counsel, who are authorized and directed to accept service of such pleadings and other papers on behalf of all plaintiffs in the Consolidated Action. 13. Defendants and their counsel may rely upon agreements made with Lead Counsel. Such agreements are binding on all plaintiffs in the Consolidated Action and the Class. 14. Pursuant to Section 21D of the Exchange Act, all parties shall treat all documents, data compilations, and tangible objects that are in his, hers, or its custody or control and that are relevant to the allegations of any related actions as if they were the subject of a continuing request for production of documents from an opposing party under the Federal Rules of Civil Procedure. I kk - JLjs THE UNITED STATES DISTRICT JUDGE