MEDINA v. CLOVIS ONCOLOGY, INC.

Civil Action No. 15-02546-RM-MEH, Consolidated with Civil Action No. 15-02547-RM-MEH., 15-02697-RM-MEH, 16-00459-RM-MEH

SONNY P. MEDINA, et al., Plaintiffs, v. CLOVIS ONCOLOGY, INC., et al., Defendants.

United States District Court, D. Colorado.

February 9, 2017.

Editors Note
Applicable Law: 15 U.S.C. § 0078j(b)ss
Cause: 15 U.S.C. § 0078j(b)ss - Stockholder Suit
Nature of Suit: 850 Securities/Commodities
Source: PACER


Attorney(s) appearing for the Case

the City of St. Petersburg Employees' Retirement System, Plaintiff, represented by John Christopher Browne , Bernstein Litowitz Berger & Grossmann LLP.

the City of St. Petersburg Employees' Retirement System, Plaintiff, represented by Joseph E. White, III , Saxena White P.A. & Lester R. Hooker , Saxena White P.A..

Andrew R. Allen, Defendant, represented by Carrie Elizabeth Johnson , Brownstein Hyatt Farber Schreck, LLP.

JP Morgan Securities, Defendant, represented by Alexa M. Lawson-Remer , Sullivan & Cromwell, LLP, Alexander Brendon Gura , Sullivan & Cromwell, LLP, Laura Oswell , Sullivan & Cromwell LLP, Peter George Koclanes , Sherman & Howard, L.L.C. & Robert Andrew Sacks , Sullivan & Cromwell, LLP.

Credit Suisse Securities, USA, LLC, Defendant, represented by Alexa M. Lawson-Remer , Sullivan & Cromwell, LLP, Alexander Brendon Gura , Sullivan & Cromwell, LLP, Laura Oswell , Sullivan & Cromwell LLP, Peter George Koclanes , Sherman & Howard, L.L.C. & Robert Andrew Sacks , Sullivan & Cromwell, LLP.

Stifel Nicolaus & Company Inc, Defendant, represented by Alexa M. Lawson-Remer , Sullivan & Cromwell, LLP, Alexander Brendon Gura , Sullivan & Cromwell, LLP, Laura Oswell , Sullivan & Cromwell LLP, Peter George Koclanes , Sherman & Howard, L.L.C. & Robert Andrew Sacks , Sullivan & Cromwell, LLP.

Mizuho Securities, Defendant, represented by Alexa M. Lawson-Remer , Sullivan & Cromwell, LLP, Alexander Brendon Gura , Sullivan & Cromwell, LLP, Laura Oswell , Sullivan & Cromwell LLP, Peter George Koclanes , Sherman & Howard, L.L.C. & Robert Andrew Sacks , Sullivan & Cromwell, LLP.

NEA Partners, Defendant, represented by Christopher Patrick Carrington , Richards Carrington, LLC & Roger Allan Lane , Foley & Lardner, LLP.

Forest Baskett, Defendant, represented by Christopher Patrick Carrington , Richards Carrington, LLC & Roger Allan Lane , Foley & Lardner, LLP.

Scott Sandell, Defendant, represented by Christopher Patrick Carrington , Richards Carrington, LLC & Roger Allan Lane , Foley & Lardner, LLP.

Gillian Ivers-Read, Defendant, represented by Carrie Elizabeth Johnson , Brownstein Hyatt Farber Schreck, LLP.

Aberdare Ventures IV L.P, Defendant, represented by Christopher Patrick Carrington , Richards Carrington, LLC & Roger Allan Lane , Foley & Lardner, LLP.

Sonny P. Medina, Plaintiff, represented by Alexander Anthony Krot, III , Levi & Korsinsky, LLP.

Steve (I) Kimbro, Plaintiff, represented by Kip Brian Shuman , Shuman Law Firm.

Ralph P. Rocco, Plaintiff, represented by Kip Brian Shuman , Shuman Law Firm.

M. Arkin (1999) LTD, Plaintiff, represented by Abraham Alexander , Bernstein Litowitz Berger & Grossmann LLP, John Christopher Browne , Bernstein Litowitz Berger & Grossmann LLP, Kathryn A. Reilly , Wheeler Trigg O'Donnell, LLP & Michael L. O'Donnell , Wheeler Trigg O'Donnell, LLP.

Arkin Communications LTD, Plaintiff, represented by Abraham Alexander , Bernstein Litowitz Berger & Grossmann LLP, John Christopher Browne , Bernstein Litowitz Berger & Grossmann LLP, Kathryn A. Reilly , Wheeler Trigg O'Donnell, LLP & Michael L. O'Donnell , Wheeler Trigg O'Donnell, LLP.

Clovis Oncology, Inc., Defendant, represented by Matthew C. Arentsen , Brownstein Hyatt Farber Schreck, LLP, Carrie Elizabeth Johnson , Brownstein Hyatt Farber Schreck, LLP, Jeffrey Mark Villanueva , Jeffrey M. Villanueva, P.C. & John V. McDermott , Brownstein Hyatt Farber Schreck, LLP.

Patrick J. Mahaffy, Defendant, represented by Matthew C. Arentsen , Brownstein Hyatt Farber Schreck, LLP, Carrie Elizabeth Johnson , Brownstein Hyatt Farber Schreck, LLP & John V. McDermott , Brownstein Hyatt Farber Schreck, LLP.

Erle T. Mast, Defendant, represented by Carrie Elizabeth Johnson , Brownstein Hyatt Farber Schreck, LLP, John V. McDermott , Brownstein Hyatt Farber Schreck, LLP & Matthew C. Arentsen , Brownstein Hyatt Farber Schreck, LLP.

Thomas Jankowski, Movant, represented by Robert Vincent Prongay , Glancy Prongay & Murray LLP.

Nail Koymen, Movant, represented by Robert Vincent Prongay , Glancy Prongay & Murray LLP.

Pension Fund Group, Movant, represented by Kip Brian Shuman , Shuman Law Firm.

Todd Rinaldi, Movant, represented by Francis Paul McConville , Labaton Sucharow LLP.

Karl Showrai, Movant, represented by Robert Vincent Prongay , Glancy Prongay & Murray LLP.

Myo Thant, Movant, represented by Francis Paul McConville , Labaton Sucharow LLP.


OPINION AND ORDER

On November 19, 2015, plaintiff Sonny P. Medina ("Medina") filed a Class Action Complaint ("the initial complaint") against defendants Clovis Oncology, Inc. ("Clovis") and Patrick J. Mahaffy ("Mahaffy"), alleging violations of Sections 10(b) and 20(a) of the Securities Exchange Act of...

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