Guindani v. Couder et al

Filing 88

ORDER Re Supplemental Evidence Re Plaintiffs' Motion for Final Approval. Signed by Judge Edward M. Chen on 8/4/2014. (emcsec, COURT STAFF) (Filed on 8/4/2014)

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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IN RE OCLARO, INC. DERIVATIVE
LITIGATION.

Lead Case No. C-11-3176 EMC

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ORDER RE SUPPLEMENTAL
EVIDENCE RE PLAINTIFFS’ MOTION
FOR FINAL APPROVAL

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For the Northern District of California

United States District Court

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Plaintiffs’ motion for approval of settlement and award of fee and expense amount is

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currently pending. Having reviewed the papers submitted by Lead Counsel in the federal action and

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Lead Counsel in the state action (collectively “Derivative Action Counsel”), the Court hereby orders

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Derivative Action Counsel to file a joint supplemental declaration prior to the August 6, 2014

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hearing regarding the following issues:

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(1)

Derivative Action Counsel have represented that they have billed a total lodestar amount of

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$396,665.56. Derivative Action Counsel shall prepare a timekeeper summary to support

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their lodestar calculation. As an initial matter, this summary will set forth how much each

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firm is claiming of the lodestar amount. This summary shall further identify the timekeepers

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who billed to the matter at each firm, including each timekeeper’s position, the number of

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hours the timekeeper billed, the timekeeper’s billing rate, and the tasks performed by the

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timekeeper.

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(2)

Derivative Action Counsel have represented that they have expended unreimbursed litigation

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costs of $19,986.80. Derivative Action Counsel shall attest to what kind of expenses were

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incurred (e.g., travel expenses, filing fees, etc.).

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(3)

Lead Counsel in the federal action shall attest to whether or not its lodestar amount has been
reviewed by counsel and reduced in the exercise of billing judgment.

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IT IS SO ORDERED.

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Dated: August 4, 2014

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_________________________
EDWARD M. CHEN
United States District Judge

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For the Northern District of California

United States District Court

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