Martin et al v. Merrill Lynch, Pierce, Fenner & Smith, Incorporated et al

Filing 95

ORDER by Judge Claudia Wilken granting GRANTING FINAL APPROVAL OF SETTLEMENT AND ATTORNEYS' FEES (76), (83) in case 4:10-cv-04020-CW; (31),(38) in case 4:11-cv-01654-CW. (ndr, COURT STAFF) (Filed on 11/22/2011)

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William I. Edlund, State Bar No. 25013
Robert H. Bunzel, State Bar No. 99395
Simon R. Goodfellow, State Bar No. 246085
Howard I. Miller, State Bar No. 251878
BARTKO, ZANKEL, TARRANT & MILLER
A Professional Corporation
900 Front Street, Suite 300
San Francisco, California 94111
Telephone: [phone]
Facsimile: [phone]

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Attorneys for Plaintiffs KEVIN MARTIN,
DAVID NORRIS and FRANK STONE
James F. Clapp, State Bar No. 145814
Marita Murphy Lauinger, State Bar No. 199242
Zach P. Dostart, State Bar No. 255071
DOSTART CLAPP & COVENEY, LLP
4370 La Jolla Village Drive, Suite 970
San Diego, California 92122-1253
Telephone: [phone]
Facsimile: [phone]
Attorneys for Plaintiff JOHN KERR

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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OAKLAND DIVISION

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KEVIN MARTIN, DAVID NORRIS, FRANK )
STONE, individually and on behalf of all other )
similarly situated,
)
)
Plaintiffs,
)
)
v.
)
MERRILL LYNCH, PIERCE, FENNER & )
SMITH,
INCORPORATED,
MERRILL )
LYNCH & CO., INC., and DOES 1-20, )
inclusive,
)
)
Defendants.
)
JOHN KERR, individually and on behalf of all )
other similarly situated,
)
)
Plaintiff,
)
)
v.
)
MERRILL LYNCH & CO., INC., MERRILL )
LYNCH, PIERCE, FENNER & SMITH, )
INCORPORATED, and DOES 1-20, inclusive, )
)
Defendants.
)
2306.000/541559.1

No. 10-CV-04020 CW
[PROPOSED] ORDER GRANTING
FINAL APPROVAL OF SETTLEMENT
AND ATTORNEYS' FEES (NO. C 104020, DOCKET NOS. 76, 83; NO. C 111654, DOCKET NOS. 31, 38)

No. 11-CV-1654 CW
Date:
Time:
Judge:
Place:

November 17, 2011
2:00 p.m.
Hon. Claudia Wilken
Dept. 2

Martin Complaint Filed: August 6, 2010
Kerr Complaint Filed:
January 18, 2011

[PROPOSED] ORDER GRANTING FINAL APPROVAL OF SETTLEMENT
Case Nos. 10-CV-04020 CW; 11-CV-01654 CW

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Having considered the Joint Stipulation of Class Action Settlement and Release dated

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July 21, 2011 (No. C 10-4020, Dkt. 62; No. C. 11-1654, Dkt. 21) (the “Agreement”) and all other

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materials properly before the Court and having conducted an inquiry pursuant to Federal Rule of

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Civil Procedure 23, the Court finds that the Agreement was entered by all parties in good faith.

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The Court approves the Agreement, the present Settlement Amount of $17,720,753.90, including

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an award of attorneys’ fees and costs for Class Counsel in the amount of $4,000,000. The Court

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also approves the award of a $10,000 enhancement payment to each of the four Class

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Representatives in the Litigation. The Court will simultaneously, or the Clerk of the Court shall,

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enter the Judgment. Defendants directly or through the Claims Administrator, shall timely deliver

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payments to the Settlement Class Members, the Class Representatives, and Class Counsel in

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accordance with the Agreement.

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IT IS SO ORDERED.
November 22
DATED: __________________, 2011

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HON. CLAUDIA WILKEN
UNITED STATES DISTRICT JUDGE

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-12306.000/541559.1

[PROPOSED] ORDER GRANTING FINAL APPROVAL OF SETTLEMENT
Case Nos. 10-CV-04020 CW; 11-CV-01654 CW