Johnson et al v. OCZ Technology Group, Inc. et al

Filing 122

ORDER REQUESTING FURTHER BRIEFING. Motion Hearing set for 3/17/2016 at 01:30 PM in Courtroom 3, 17th Floor, San Francisco before Hon. Richard Seeborg. Signed by Judge Richard Seeborg on 2/25/16. (cl, COURT STAFF) (Filed on 2/25/2016)

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1 2 3 4 5 6 7 UNITED STATES DISTRICT COURT 8 NORTHERN DISTRICT OF CALIFORNIA 9 10 SHANE JOHNSON, et al., Case No. 12-cv-05265-RS Plaintiffs, 11 United States District Court Northern District of California v. ORDER REQUESTING FURTHER BRIEFING 12 13 OCZ TECHNOLOGY GROUP, INC., et al., Defendants. 14 15 16 17 18 19 20 21 22 23 24 25 26 Plaintiffs and lead counsel have filed a motion for distribution of funds. The proposed order contains the following release: All persons involved in the review, verification, calculation, tabulation, or any other aspect of the processing of the Proofs of Claim submitted herein, or otherwise involved in the administration or taxation of the Settlement Fund or the Net Settlement Fund are released and discharged from any and all claims arising out of such involvement, and all Settlement Class Members, whether or not they receive payment from the Net Settlement Fund, are barred from making any further claims against the Net Settlement Fund, Lead Plaintiffs, Lead Counsel, the Claims Administrator, the Escrow Agent or any other agent retained by Lead Plaintiffs or Lead Counsel in connection with the administration or taxation of the Settlement Fund or the Net Settlement Fund beyond the amount allocated to Authorized Claimants. Proposed Order ΒΆ K. Plaintiffs have not identified legal authority for such a release or explained fully why the 27 court should order this release. Accordingly, plaintiffs are requested to submit a supplemental 28 brief within 15 days of the date of this order, not to exceed 5 pages, explaining why this release is 1 legal, fair, and proper. The hearing on the motion for distribution of net settlement funds is 2 continued until March 17, 2016, at 1:30 p.m. 3 IT IS SO ORDERED. 4 5 6 7 Dated: February 25, 2016 ______________________________________ RICHARD SEEBORG United States District Judge 8 9 10 United States District Court Northern District of California 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 << SHORT ORDER TITLE >> CASE NO. 12-cv-05265-RS 28 2

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