Here's what Stern wrote as reasons for asking for

Quote:

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1) the original complaint was filed two months after the alleged wrongful conduct in the complaint was revealed to the market. 2) The fact that this is a second amended complaint has no relevance to a brief five day adjournment. 3) Plaintiff repeatedly requested a schedule for amending and briefing the complaint after receiving a rule 11 letter. 4) Mr. Kim merely represented to the Court that work had commenced on the Second Amended Complaint, which is accurate. Had it been complete, Plaintiff’s counsel would have so informed the court and filed it promptly. 5) No objection was made at the time because Plaintiff believed at the time that the proposed deadline was sufficient.

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