In re Ubiquiti Networks, Inc. Securities Litigation

Filing 137

ORDER APPROVING PLAN OF ALLOCATION by Judge Yvonne Gonzalez Rogers granting 125 Motion re Plan of Allocation of Settlement Proceeds. (fs, COURT STAFF) (Filed on 12/20/2017)

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ROBBINS GELLER RUDMAN
& DOWD LLP
CHRISTOPHER P. SEEFER (201197)
DANIEL J. PFEFFERBAUM (248631)
Post Montgomery Center
One Montgomery Street, Suite 1800
San Francisco, CA 94104
Telephone: [phone]
415/288-4534 (fax)
[e-mail]
[e-mail]

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LABATON SUCHAROW LLP
JONATHAN GARDNER
MICHAEL P. CANTY
ROGER W. YAMADA
140 Broadway
New York, New York 10005
Telephone: [phone]
212/818-0477 (fax)
[e-mail]
[e-mail]
[e-mail]

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Lead Counsel for Plaintiffs

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UNITED STATES DISTRICT COURT

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NORTHERN DISTRICT OF CALIFORNIA

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In re UBIQUITI NETWORKS, INC.
SECURITIES LITIGATION

This Document Relates To:
ALL ACTIONS.

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Master File No. 12-cv-04677-YGR
CLASS ACTION
[PROPOSED] ORDER APPROVING PLAN
OF ALLOCATION
Re: Dkt. No. 125

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THIS MATTER having come before the Court on December 19, 2017, on the motion of

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Inter-Local Pension Fund GCC/IBT (“Inter-Local”) and Bristol County Retirement System
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(“Bristol County” and, together with Inter-Local, “Lead Plaintiffs”), on behalf of themselves and

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the Settlement Class, for final approval of the proposed class action Settlement and approval of

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the Plan of Allocation for the proceeds of the Settlement; the Court having considered all papers

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MASTER FILE NO. 12-CV-04677-YGR
[PROPOSED] ORDER APPROVING PLAN OF ALLOCATION

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filed and proceedings had herein and otherwise being fully informed;

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IT IS HEREBY ORDERED, ADJUDGED AND DECREED:

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1.

This Order incorporates by reference the definitions in the Stipulation and

Agreement of Settlement, dated as of August 4, 2017 (the “Stipulation”), attached as Exhibit A

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to the Court’s Final Order and Judgment, and all capitalized terms used, but not defined herein,
shall have the same meanings as set forth in the Stipulation.
2.

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

Procedure, this Court hereby finds and concludes that due and adequate notice was directed to
Persons who are Settlement Class Members who could be identified with reasonable effort,
advising them of the Plan of Allocation and of their right to object thereto, and a full and fair

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opportunity was accorded to Persons who are Settlement Class Members to be heard with respect
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to the Plan of Allocation.
3.

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submitted by Joseph C. Keane, and it is overruled. See 15 U.S.C. § 77k(e).

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The Court has reviewed and considered the objection to the Plan of Allocation

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

calculation of the claims of Authorized Claimants that is set forth in the Notice of Pendency of
Class Action, Proposed Settlement, and Motion for Attorneys’ Fees and Expenses (the “Notice”)

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disseminated to Settlement Class Members, attached as Exhibit B to the Court’s Final Order and
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Judgment, provides a fair and reasonable basis upon which to allocate the Net Settlement Fund

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among eligible Settlement Class Members.

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MASTER FILE NO. 12-CV-04677-YGR
[PROPOSED] ORDER APPROVING PLAN OF ALLOCATION

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5.

The Court hereby finds and concludes that the Plan of Allocation, as set forth in

the Notice, is, in all respects, fair and reasonable, and the Court hereby approves the Plan of
Allocation.

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Dated: ______________, 2017
December 20

Honorable Yvonne Gonzalez Rogers
UNITED STATES DISTRICT JUDGE

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MASTER FILE NO. 12-CV-04677-YGR
[PROPOSED] ORDER APPROVING PLAN OF ALLOCATION

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