T. Jeffrey Simpson, et al v. Homestore.Com, Inc., et al

Filing 1409

FINAL JUDGMENT AS TO DEFENDANT STUART H. WOLFF by Judge Ronald S.W. Lew. IT IS Ordered: 1. On February 24, 2011, the jury rendered its Special Verdict in favor of Lead Plaintiff California State Teachers Retirement System and the Plaintiff Class. Bas ed upon the jury's Special Verdict, and because of the application of the mandatory reduction provisions of the Private Securities Litigation Reform Act, 15 U.S.C. §§ 78u-4(f)(7)(B), Lead Plaintiff California State Teachers Retirement System and the Plaintiff Class (including each member of the Plaintiff Class as defined above), and each of them, shall take nothing from defendant Stuart H. Wolff in this consolidated action; 2. The operative Second Amended and Consolidated Complain t, including each and every purported claim alleged therein against defendant Stuart H. Wolff, and this consolidated action and each of its constituent actions, are fully and finally dismissed with prejudice as against defendant Stuart H. Wolff; 3. D efendant Stuart H. Wolff shall not recover his costs of suit from Lead Plaintiff California State Teachers Retirement System as taxed by the Clerk; and, 4. Pursuant to 15 U.S.C. § 78u-4(c)(1), the Court finds that each party, and each attorney r epresenting Lead Plaintiff and each attorney representing defendant Stuart H. Wolff, complied with Rule 11(b) of the Federal Rules of Civil Procedure as to any and all complaints, responsive pleadings, dispositive motions, and other matters filed in this action. Related to: Order, 279 , Jury Verdict 1362 (MD JS-6, Case Terminated). (lom)

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UNITED STATES DISTRICT COURT

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CENTRAL DISTRICT OF CALIFORNIA

9 In re:
10 HOMESTORE.COM, INC.
SECURITIES LITIGATION
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Plaintiff,
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This Document Relates
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All Actions
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Master File No.
CV 01-11115-RSWL (CWx)
FINAL JUDGMENT AS TO
DEFENDANT STUART H.
WOLFF

This Final Judgment governs the consolidated action
entitled In re Homestore.com, Inc. Securities
Litigation, Master File Number CV 01-11115 RSWL (CWx),
as well as all of its constituent actions.

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This consolidated action came on for trial before
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the Court and a jury with respect to the claims brought
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against Defendant Stuart H. Wolff by the Lead Plaintiff
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California State Teachers Retirement System and a
certified Plaintiff Class defined as:
All persons or entities (excluding
defendants, any members of their immediate

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families, any person, firm, trust,

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corporation, present or former officer,

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director, or other individual or entity in

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which any Defendant has a controlling

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interest or which is affiliated with any

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of the Defendants, and any legal

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representatives, agents, affiliates,

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heirs, successors-in-interest or assigns

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of any excluded party), who purchased

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Homestore.com, Inc. stock from January 1,

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2000 through December 21, 2001.

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(See Dkt. No. 279.)

The issues having been duly

tried and the jury having duly returned its
Special Verdict (Dkt. No. 1362),
IT IS ORDERED AND ADJUDGED that:

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1.

On February 24, 2011, the jury rendered its

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Special Verdict in favor of Lead Plaintiff California
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State Teachers Retirement System and the Plaintiff
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Class.

Based upon the jury’s Special Verdict, and

because of the application of the mandatory reduction
provisions of the Private Securities Litigation Reform
Act, 15 U.S.C. §§ 78u-4(f)(7)(B), Lead Plaintiff
California State Teachers Retirement System and the
Plaintiff Class (including each member of the Plaintiff
Class as defined above), and each of them, shall take
nothing from defendant Stuart H. Wolff in this
consolidated action;
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2.

The operative Second Amended and Consolidated

Complaint, including each and every purported claim
alleged therein against defendant Stuart H. Wolff, and
this consolidated action and each of its constituent

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actions, are fully and finally dismissed with prejudice
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as against defendant Stuart H. Wolff;
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3.

Defendant Stuart H. Wolff shall not recover his

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costs of suit from Lead Plaintiff California State
Teachers Retirement System as taxed by the Clerk; and,
4.

Pursuant to 15 U.S.C. § 78u-4(c)(1), the Court

finds that each party, and each attorney representing
Lead Plaintiff and each attorney representing defendant
Stuart H. Wolff, complied with Rule 11(b) of the
Federal Rules of Civil Procedure as to any and all
complaints, responsive pleadings, dispositive motions,
and other matters filed in this action.

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20 DATED: August 30, 2011.
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HONORABLE RONALD S.W. LEW

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Senior, U.S. District Court Judge

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