In re Charles Schwab Corp. Securities Litigation

Filing 1042

ORDER DENYING MOTION TO FILE SUBMISSIONS REGARDING 694 EXCLUSIONS MOTION UNDER SEAL AND REQUEST FOR FURTHER RESPONSES FROM COUNSEL by Judge Alsup denying #1036 Administrative Motion to File Under Seal (whalc2, COURT STAFF) (Filed on 2/28/2011)

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In re Charles Schwab Corp. Securities Litigation Doc. 1042 1 2 3 4 5 6 7 FOR THE NORTHERN DISTRICT OF CALIFORNIA 8 9 10 IN RE: CHARLES SCHWAB CORPORATION SECURITIES LITIGATION. This Document Relates To All Cases. / ORDER DENYING MOTION TO FILE SUBMISSIONS REGARDING 694 EXCLUSIONS MOTION UNDER SEAL AND REQUEST FOR FURTHER RESPONSES FROM COUNSEL No. C 08-01510 WHA IN THE UNITED STATES DISTRICT COURT United States District Court 11 For the Northern District of California 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Class counsel's motion to file under seal (i) Plaintiffs' Notice of Motion and Motion Regarding 694 Exclusions; Memorandum of Points and Authorities in Support Thereof; and (ii) the Declaration of Steve W. Berman in Support of Plaintiffs' Motion Regarding 694 Exclusions, with exhibits A-D, is DENIED. Absent class members have a right to see the entire file and see all submissions regarding how their rights are being affected. Class counsel shall file their submissions publicly by MARCH 1. In addition, counsel for both sides shall show cause by WEDNESDAY, MARCH 2, 2011, AT NOON, if there is any reason why prior submissions regarding amendments to the class settlement agreements (see, e.g., Dkt. Nos. 746, 78283) should not be unsealed. By that time counsel shall also notify the Court whether (i) there may be more than the 694 class members in the same category addressed by class counsel's 694 exclusions motion Dockets.Justia.com 1 2 3 4 5 6 7 8 9 10 who will be discovered later; and (ii) whether there are any other problems similar to the 694 exclusions issue hiding in the weeds. IT IS SO ORDERED. Dated: February 28, 2011. WILLIAM ALSUP UNITED STATES DISTRICT JUDGE United States District Court 11 For the Northern District of California 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 2

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