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Pivotal Software, Inc., et al. v. Superior Court of California, City and County of San Francisco, et al.

Paid petition · Court of Appeal of California, First Appellate District, No. A162228 · judgment March 23, 2021


Certiorari granted · July 2, 2021
Pre-decision estimate: 11% cert probability (95% interval 7%–17%)

Before the decision, about 2.7× the 4.1% base rate. The model weighted this up for a petition filed soon after the judgment below, a circuit split argued in the petition, and a business petitioner.

Question presented

Section 77z-1(b)(1) of the Private Securities Litigation Reform Act ("Reform Act") provides: In any private action arising under [the Securities Act of 1933], all discovery and other proceedings shall be stayed during the pendency of any motion to dismiss, unless the court finds, upon the motion of any party, that particularized discovery is necessary to preserve evidence or to prevent undue prejudice to that party. 15 U.S.C. § 77z-1(b)(1) (emphasis added). The question presented is: Whether the Reform Act's discovery-stay provision applies to a private action under the Securities Act in state or federal court, or solely to a private action in federal court.

Counsel of record

For petitioner
Deanne Elizabeth Maynard
Morrison & Foerster LLP

For respondent
Thomas C. Goldstein
Goldstein & Russell, P.C.

Case

Conference history
Distributed for 3 conferences

Amicus briefs
1 cert-stage · 4 merits
(4 supporting pet./neither)

Linked docket
20A164

Proceedings

  1. Feb 21 2023
    Case Dismissed - Rule 46.
  2. Feb 16 2023
    Joint stipulation to dismiss the case pursuant to Rule 46.1 filed.
  3. Jan 03 2023
    Letter from the parties updating Clerk on settlement proceedings filed.
  4. Nov 18 2022
    Letter from the parties updating Clerk on settlement proceedings filed.
  5. Oct 06 2022
    Letter from the parties updating Clerk on settlement proceedings filed.
  6. Aug 22 2022
    Letter from the parties updating Clerk on settlement proceedings filed.
  7. Jul 08 2022
    Letter from the parties updating Clerk on settlement proceedings filed.
  8. May 26 2022
    Letter from the parties updating Clerk on settlement proceedings filed.
  9. Apr 11 2022
    Letter from the parties updating Clerk on settlement proceedings filed.
  10. Feb 25 2022
    Letter from the parties updating Clerk on settlement proceedings filed.
  11. Jan 13 2022
    Letter from the parties updating Clerk on settlement proceedings filed.
  12. Dec 10 2021
    Amendment to Rule 29.6 Corporate Disclosure Statement filed.
  13. Nov 29 2021
    Letter from the parties updating Clerk on settlement proceedings filed.
  14. Oct 20 2021
    Record received from Court of Appeals of California First Appellate District and also filings from California Supreme Court. The record has been electronically filed.
  15. Oct 15 2021
    Letter from the parties updating Clerk on settlement proceedings filed.
  16. Sep 02 2021
    The case is removed from the argument calendar for Tuesday, November 9, 2021, and the briefing schedule is held in abeyance. The parties are directed to provide further updates to the Court concerning settlement proceedings.
  17. Sep 02 2021
    REMOVED from the November 2021 ARGUMENT CALENDAR.
  18. Sep 01 2021
    Record requested from the Court of Appeals of California First Appellate District..
  19. Aug 27 2021
    Joint motion to hold further briefing in abeyance and remove the case from the November 2021 argument calendar filed.
  20. Aug 23 2021
    Motion to dispense with printing the joint appendix filed by petitioners GRANTED.
  21. Aug 23 2021
    Brief amicus curiae of Securities Industry and Financial Markets Association filed.
  22. Aug 23 2021
    Brief amicus curiae of The Chamber of Commerce of the United States of America filed.
  23. Aug 23 2021
    Brief amicus curiae of Society for Corporate Governance filed.
  24. Aug 23 2021
    Brief amicus curiae of Washington Legal Foundation filed.
  25. Aug 18 2021
    Blanket Consent filed by Respondents, Zhung Tran, et al.
  26. Aug 16 2021
    ARGUMENT SET FOR Tuesday, November 9, 2021.
  27. Aug 16 2021
    Brief of petitioners Pivotal Software, Inc., et al. filed.
  28. Jul 15 2021
    Motion to dispense with printing the joint appendix filed by petitioners Pivotal Software, Inc., et al.
  29. Jul 02 2021
    Petition GRANTED.
  30. Jul 01 2021
    DISTRIBUTED for Conference of 7/1/2021.
  31. Jun 08 2021
    DISTRIBUTED for Conference of 6/24/2021.
  32. Jun 07 2021
    Reply of petitioner Pivotal Software, Inc., et al. filed. (Distributed)
  33. Jun 04 2021
    Brief of respondents Zhung Tran, et al. in opposition filed. (Distributed)
  34. Jun 02 2021
    Letter waiving the 14-day waiting period for the filing of a reply pursuant to Rule 15.5 filed.
  35. May 13 2021
    Letter of applicants received.
  36. May 13 2021
    Application (20A164) withdrawn.
  37. May 12 2021
    Response to application from respondents Zhung Tran, et al. filed.
  38. May 11 2021
    DISTRIBUTED for Conference of 5/27/2021.
  39. May 11 2021
    Response Requested. (Due June 4, 2021)
  40. May 07 2021
    Waiver of right of respondents Zhung Tran, et al. to respond filed.
  41. May 07 2021
    Brief amici curiae of The Chamber of Commerce of the United States of America; and the Securities Industry and Financial Markets Association filed. (Distributed)
  42. May 06 2021
    Response to application (20A164) requested by Justice Kagan, due Wednesday, May 12, by 4 p.m. ET.
  43. May 03 2021
    Petition for a writ of certiorari filed. (Response due June 4, 2021)
  44. May 03 2021
    Application (20A164) for a stay pending the disposition of the petition for a writ of certiorari, submitted to Justice Kagan.