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 vacate JOINT MOTION TO VACATE CASE MANAGEMENT DEADLINES AND STAY THE CASE

Interested in this case?

Current View

Full Text

Case: 1:16-cv-05198 Document #: 132 Filed: 05/28/19 Page 1 of 4 PageID #:2398 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 VACATE CASE MANAGEMENT DEADLINES AND STAY THE CASE Lead Plaintiff Utah Retirement Systems ("URS" or "Lead Plaintiff") and Defendants Adtalem Global Education Inc. f/k/a 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 to Vacate Case Management Deadlines and Stay the Case. In support of this motion the Parties state as follows: 1. On May 22, 2019, the Parties participated in a mediation session before the Honorable Layn R. Phillips (retired). Following the full-day mediation, the Parties executed a term sheet agreeing to settle the case. The Parties' proposal provides for the class-wide settlement of the litigation, subject to the Court's preliminary approval, notice to class members, and the Court's final approval. The Parties are working on documenting the settlement and anticipate being in a position to file the Settlement Stipulation and papers in support of Case: 1:16-cv-05198 Document #: 132 Filed: 05/28/19 Page 2 of 4 PageID #:2399 preliminary approval of the settlement, or an update on the Parties' progress on finalizing these documents, within approximately 30 days. 2. Accordingly, the Parties respectfully request that the Court enter an order vacating the discovery deadlines in this case, staying the action, and setting June 27, 2019 as the deadline for Lead Plaintiff to file a motion for preliminary approval of the class settlement. If no such motion is filed by that date, the Parties shall file a Joint Status Report on that date and appear for a status conference on a date to be set by the Court. Dated: May 28, 2019 Respectfully submitted, /s/ Carol C. Villegas Carol C. Villegas (pro hac vice) Jonathan Gardner (pro hac vice) Theodore J. Hawkins (pro hac vice) LABATON SUCHAROW LLP 140 Broadway New York, New York 10005 (212) 907-0700 cvillegas@labaton.com jgardner@labaton.com thawkins@labaton.com Mark S. Willis LABATON SUCHAROW LLP 1050 Connecticut Avenue, NW, Suite 500 Washington, D.C. 20036 202-772-1880 mwillis@labaton.com Counsel for Lead Plaintiff Utah Retirement Systems /s/ Mark R. Miller Kenneth A. Wexler Mark R. Miller WEXLER WALLACE LLP 55 West Monroe, Suite 3300 Chicago, IL 60603 (312) 346-2222 kaw@wexlerwallace.com mrm@wexlerwallace.com 2 Case: 1:16-cv-05198 Document #: 132 Filed: 05/28/19 Page 3 of 4 PageID #:2400 Liaison Counsel for Lead Plaintiff Utah Retirement Systems /s/ Philip S. Khinda Philip S. Khinda (pro hac vice) Patricia Palacios (pro hac vice) STEPTOE & JOHNSON LLP 1330 Connecticut Ave. NW Washington, D.C. 20036 (202) 429-3000 pkhinda@steptoe.com ppalacios@steptoe.com William R. Andrichik STEPTOE & JOHNSON LLP 115 S. LaSalle Street, Suite 3100 Chicago, Illinois 60603 (312) 577-1300 wandrichik@steptoe.com 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 sean.berkowitz@lw.com eric.swibel@lw.com Attorneys for Defendant Daniel Hamburger 3 Case: 1:16-cv-05198 Document #: 132 Filed: 05/28/19 Page 4 of 4 PageID #:2401 CERTIFICATE OF SERVICE I hereby certify that on May 28, 2019, 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: May 28, 2019 /s/ Theodore J. Hawkins Theodore J. Hawkins 4