Tuttle et al v. Sky Bell Asset Management LLC et al

Filing 351

ORDER REQUIRING ADDITIONAL INFORMATION REGARDING PROPOSED SETTLEMENT. Signed by Judge Alsup on APril 20, 2012. (whalc2, COURT STAFF) (Filed on 4/20/2012)

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IN THE UNITED STATES DISTRICT COURT
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FOR THE NORTHERN DISTRICT OF CALIFORNIA

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For the Northern District of California

United States District Court

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EDGAR W. TUTTLE, ERIC BRAUN, and THE
BRAUN FAMILY TRUST by its co-trustee
ERIC BRAUN, on behalf of themselves and all
others similarly situated,

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No. C 10-03588 WHA

ORDER REQUIRING
ADDITIONAL INFORMATION
REGARDING PROPOSED
SETTLEMENT

Plaintiffs,
v.
SKY BELL ASSET MANAGEMENT, et al,
Defendants.
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The Court is trying to understand the plan of allocation. Class counsel shall submit a list

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of class members by name with the percentage ownership in each limited partnership in which

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said class member invested. A list with this information will need to be appended to the notice

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of proposed settlement that is mailed to class members so that class members will be able to

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determine their percentage of recovery under the proposed settlement and make an informed

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decision as to whether they seek to be bound by the settlement, if it is approved.

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Please also answer the following: If there were one million dollars to be distributed to

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the three classes at issue and no one opted out, how would the settlement funds be distributed?

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The dollar amounts should be listed beside each investor’s name along with the percentage. The

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list and response to this question shall be submitted by NOON ON APRIL 27, 2012. The deadline

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for distributing class notice, previously set for April 23, 2012, is hereby VACATED.

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IT IS SO ORDERED.

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Dated: April 20, 2012.

WILLIAM ALSUP
UNITED STATES DISTRICT JUDGE

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For the Northern District of California

United States District Court

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