Pension Trust Fund For Operating Engineers v. DeVry Education Group, Inc. et al

Northern District of Illinois, ilnd-1:2016-cv-05198

MOTION by Plaintiff Utah Retirement Systems to continue Joint Motion to Adjourn Initial Status Hearing

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Case: 1:16-cv-05198 Document #: 108 Filed: 12/17/18 Page 1 of 4 PageID #:1853 UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION PENSION TRUST FUND FOR OPERATING ENGINEERS, Individually and on Behalf of All Case No. 1:16-CV-05198 Others Similarly Situated, Plaintiff, Hon. Jorge L. Alonso v. DEVRY EDUCATION GROUP, INC., DANIEL HAMBURGER, RICHARD M. GUNST, PATRICK J. UNZICKER, AND TIMOTHY J. WIGGINS, Defendants. JOINT MOTION TO ADJOURN INITIAL STATUS HEARING Lead Plaintiff Utah Retirement Systems ("URS" or "Lead Plaintiff") and Defendants DeVry Education Group, Inc., Daniel Hamburger, Richard M. Gunst, Patrick J. Unzicker, and Timothy J. Wiggins ("Defendants," and together with Lead Plaintiff "the Parties") jointly submit this motion seeking to adjourn the initial status hearing, currently scheduled for January 8, 2019, until after Defendants' Motion to Dismiss is decided. (ECF No. 91.) In support of this application, the Parties state as follows: 1. This putative class action is governed by the Private Securities Litigation Reform Act (the "PSLRA"). The PSLRA imposes a mandatory and automatic stay of "all discovery and other proceedings" during the pendency of any motion to dismiss. 15 U.S.C. §78u-4(b)(3)(B). 2. On January 29, 2018, Plaintiffs filed the Third Amended Complaint in this case (ECF No. 84) and on March 30, 2018, Defendants moved to dismiss. ECF No. 91. Defendants' Motion is fully briefed and is pending before the Court. Case: 1:16-cv-05198 Document #: 108 Filed: 12/17/18 Page 2 of 4 PageID #:1854 3. Given the current posture of the case, including the PSLRA discovery stay, the Parties respectfully request, consistent with the stay, to adjourn the status hearing currently scheduled for January 8, 2019 until after Defendants' motion to dismiss is decided. 4. On several prior occasions in this case, the Court rescheduled the status hearing in light of case developments, including the filing of amended pleadings and changes to motion to dismiss briefing schedules. See ECF Nos. 46, 50, 83, 87. In addition, on September 28, 2018, the Court granted a previous joint request to postpone the initial status hearing given the pendency of Defendants' motion to dismiss and the PSLRA discovery stay. ECF No. 107. Dated: December 17, 2018 Respectfully submitted, /s/ Mark R. Miller Kenneth A. Wexler Mark R. Miller WEXLER WALLACE LLP 55 West Monroe, Suite 3300 Chicago, IL 60603 (312) 346-2222 Liaison Counsel for Plaintiff /s/ Jonathan Gardner Jonathan Gardner (pro hac vice pending) Carol C. Villegas (pro hac vice pending) Theodore J. Hawkins (pro hac vice pending) LABATON SUCHAROW LLP 140 Broadway New York, New York 10005 (212) 907-0700 2 Case: 1:16-cv-05198 Document #: 108 Filed: 12/17/18 Page 3 of 4 PageID #:1855 /s/ Mark S. Willis Mark S. Willis LABATON SUCHAROW LLP 1050 Connecticut Avenue, NW, Suite 500 Washington, D.C. 20036 202-772-1880 Counsel for Lead Plaintiff Utah Retirement Systems, and Proposed Lead Counsel /s/ Michael Dockterman Michael Dockterman Terance A. Gonsalves Jeffrey W. Sanford STEPTOE & JOHNSON, LLP 115 S. LaSalle Street, Suite 3100 Chicago, Illinois 60603 (312) 577-1300 Attorneys for Defendants Adtalem Global Education Inc. f/k/a DeVry Education Group, Inc., Richard M. Gunst, Patrick J. Unzicker, and Timothy J. Wiggins /s/ Sean M. Berkowitz Sean M. Berkowitz Eric R. Swibel LATHAM & WATKINS LLP 330 North Wabash, Suite 2800 Chicago, IL 60611 Telephone: (312) 876-7700 Attorneys for Defendant Daniel Hamburger 3 Case: 1:16-cv-05198 Document #: 108 Filed: 12/17/18 Page 4 of 4 PageID #:1856 CERTIFICATE OF SERVICE I hereby certify that on December 17, 2018, I caused the foregoing to be filed with the Clerk of the Court using the Court's CM/ECF system. Notice of this filing will be sent to all counsel of record through the Court's CM/ECF system. Dated: December 17, 2018 /s/ Mark R. Miller 4