Fernandez et al v. K-M Industries Holding Co, Inc et al

Filing 380

ORDER re 379 granting Stipulation Setting Schedule for Class Action Settlement Approval. Fairness Hearing set for 4/22/2010 02:00 PM.. Signed by Judge Claudia Wilken on 12/14/09. (scc, COURT STAFF) (Filed on 12/14/2009)

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Daniel Feinberg ­ CA Bar No. 135983 Todd F. Jackson ­ CA Bar No. 202598 Margaret E. Hasselman ­ CA Bar No. 228529 Nina Wasow ­ CA Bar No. 202047 Kirsten G. Scott ­ CA Bar No. 253464 LEWIS, FEINBERG, LEE, RENAKER & JACKSON, P.C. 1330 Broadway, Suite 1800 Oakland, California 94612 Telephone: [phone] Facsimile: [phone] Email: [e-mail] Email: [e-mail] Email: [e-mail] Email: [e-mail] Email: [e-mail] Attorneys for Plaintiffs and the Class (Additional counsel on signature page)

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA SAN FRANCISCO AND OAKLAND DIVISION THOMAS FERNANDEZ, LORA SMITH, and ) TOSHA THOMAS, individually and on behalf ) of a class of all other persons similarly situated, ) ) Plaintiffs, ) vs. ) ) K-M INDUSTRIES HOLDING CO., INC.; ) K-M INDUSTRIES HOLDING CO., INC. ) ESOP PLAN COMMITTEE; WILLIAM E. ) AND DESIREE B. MOORE REVOCABLE ) TRUST; TRUSTEES OF THE WILLIAM E. ) AND DESIREE B. MOORE REVOCABLE ) TRUST; CIG ESOP PLAN COMMITTEE; ) NORTH STAR TRUST COMPANY; ) DESIREE B. MOORE REVOCABLE TRUST; ) WILLIAM E. MOORE MARITAL TRUST; ) WILLIAM E. MOORE GENERATION) SKIPPING TRUST; and DESIREE MOORE, ) BOTH IN HER INDIVIDUAL CAPACITY ) AND AS TRUSTEE OF THE WILLIAM E. ) AND DESIREE B. MOORE REVOCABLE ) TRUST'S SUCCESSOR TRUSTS NAMED ) ABOVE, ) ) Defendants. ) Case No. C-06-07339 CW

STIPULATION AND ORDER SETTING SCHEDULE FOR CLASS ACTION SETTLEMENT APPROVAL

STIPULATION AND [PROPOSED] ORDER SETTING SCHEDULE FOR SETTLEMENT APPROVAL [CASE NO. C-06-07339 CW]

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WHEREAS, Plaintiffs and Defendant North Star Trust Company ("NSTC") (collectively, the "Parties") have reached a settlement of the Class's claims against NSTC in the above-titled class action; WHEREAS, the Parties wish to expeditiously obtain Court approval of the settlement; NOW THEREFORE, THE PARTIES HEREBY STIPULATE and AGREE as follows: 1. Plaintiffs shall file a Motion for Preliminary Approval of the settlement on

December 17, 2009, with the hearing noticed for January 21, 2010; 2. If preliminary approval is granted, Notice of Settlement shall be mailed to class

members by the later of January 31, 2010 or 10 days after preliminary approval is granted; 3. The deadline for class members to object to the settlement shall be the later of 45

days after mailing of the Notice of Settlement or March 18, 2010; 4. Plaintiffs shall file a Motion for Final Approval of the settlement by March 18,

5.

The final fairness hearing shall be held on April 22, 2010. LEWIS, FEINBERG, LEE, RENAKER & JACKSON, P.C. By: /s/ Todd Jackson Todd F. Jackson, Esq. Attorneys for Plaintiffs

Dated: December 3, 2009

Dated: December 3, 2009

MORGAN, LEWIS & BOCKIUS LLP By: /s/ Nicole Diller Nicole Diller, Esq. Attorneys for Defendant North Star Trust Company

PURSUANT TO STIPULATION, IT IS SO ORDERED, EXCEPT THAT THE MOTION FOR PRELIMINARY APPROVAL WILL BE DECIDED ON THE PAPERS. 12/14 Dated: ______________, 2009 Hon. Claudia Wilken, U.S. District Judge STIPULATION AND [PROPOSED] ORDER SETTING SCHEDULE FOR SETTLEMENT APPROVAL [CASE NO. C-06-07339 CW] 1