linus Aruliah v. Impax Laboratories, Inc. et al

Filing 78

ORDER APPROVING PLAN OF ALLOCATION OF NET SETTLEMENT FUND. Signed by Judge James Donato on 12/21/2015. (jdlc1S, COURT STAFF) (Filed on 12/21/2015)

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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SAN FRANCISCO DIVISION

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LINUS ARULIAH, Individually and On
Behalf of All Others Similarly Situated,
Plaintiff,

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v.

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IMPAX LABORATORIES, INC., LARRY
HSU, G. FREDERICK WILKINSON, and
BRYAN M. REASONS,
Defendants.

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No. 3:14-cv-03673-JD
[PROPOSED] ORDER APPROVING PLAN
OF ALLOCATION OF NET SETTLEMENT
FUND

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[PROPOSED] ORDER APPROVING PLAN OF ALLOCATION OF NET SETTLEMENT FUND
CASE NO. 3:14-CV-03673-JD

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THIS MATTER having come before the Court on November 24, 2015 on the motion of the

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Lead Plaintiff for approval of the Settlement set forth in the Stipulation of Settlement dated May 27,

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2015 (the “Stipulation”) and the Plan of Allocation; the Court having considered all papers filed and

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proceedings held and otherwise being fully informed;

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NOW, THEREFORE, IT IS HEREBY ORDERED:

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1.

Pursuant to and in compliance with Rule 23 of the Federal Rules of Civil Procedure, the

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Court finds and concludes that due and adequate notice was directed to persons and entities who are

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Class Members advising them of the Plan of Allocation and of their right to object to it, and a full and

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fair opportunity was accorded to persons and entities who are Class Members to be heard with respect

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to the Plan of Allocation.
2.

The Court finds and concludes that the Plan of Allocation for the calculation of the

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claims of Authorized Claimants that is set forth in the Notice of Pendency and Proposed Settlement of

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Class Action (the “Notice”) disseminated to Class Members provides a fair and reasonable basis upon

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which to allocate the Net Settlement Fund among Class Members.

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3.

The Court finds and concludes that the Plan of Allocation set forth in the Notice is, in all

respects, fair and reasonable and the Court approves the Plan of Allocation.

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Dated: December 21, 2015
___________________________________
The Honorable James Donato
United States District Judge

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[PROPOSED] ORDER APPROVING PLAN OF ALLOCATION OF NET SETTLEMENT FUND
CASE NO. 3:14-CV-03673-JD