Li

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA San Francisco Division MARC CHAN, et al., Case No. 19-cv-05836-JSW

Plaintiffs,

DISCOVERY ORDER

v. Re: ECF No. 125 ARCSOFT, INC., et al., Defendants. 16 INTRODUCTION The plaintiffs — former private investors in defendant ArcSoft — sued ArcSoft and its CEO, Michael Deng, for allegedly making misleading statements about the company to induce the plaintiffs to sell their shares at unreasonably low prices in a management buyout.1 The parties now dispute whether the defendants must produce financial forecasts that existed at the time of the buyout and were furnished to the investors or used (or considered) by Mr. Deng.2 The defendants must produce the forecasts because they are relevant to the plaintiffs’ damages measure. 24 25 26 27 1 Second Am. Compl. – ECF No. 94. Citations refer to material in the Electronic Case File (ECF); pinpoint citations are to the ECF-generated page numbers at the top of…