General Retirement System of the City of Detroit v. The Wells Fargo Mortgage Backed Securities 2006-AR18 Trust et al

Filing 471

ORDER re 470 Authorizing Publication of Reminders to Submit Claim Forms. Signed by Judge Lucy H. Koh on 11/9/11. (lhklc3, COURT STAFF) (Filed on 11/9/2011)

Case5:09-cv-01376-LHK Document470-2

Filed11/03/11 Page1 of 10

1
2
3
4
5
6
7
8
9

UNITED STATES DISTRICT COURT

10

NORTHERN DISTRICT OF CALIFORNIA – SAN JOSE DIVISION

11
12

IN RE WELLS FARGO MORTGAGEBACKED CERTIFICATES LITIGATION

13
14

Case No. 09-CV-1376-LHK (PSG)
CONSOLIDATED CLASS ACTION
ECF
[PROPOSED] ORDER
AUTHORIZING PUBLICATION OF
REMINDERS TO SUBMIT CLAIM
FORMS

15
16
17
18
19
20
21
22
23
24
25
26
27
28
[PROPOSED] ORDER RE REMINDERS
CASE NO. 09-CV-1376-LHK (PSG)

Case5:09-cv-01376-LHK Document470-2

Filed11/03/11 Page2 of 10

1

Having reviewed the Supplemental Submission Regarding Plaintiffs’ Counsel’s Lodestar and

2

Publication of Reminders to Submit Claim Forms, the Court approves the following methods for

3

providing supplemental notice to the Settlement Class:1

4

1.

No later than five (5) business days following entry of this Order, Lead Counsel shall

5

publish in The Wall Street Journal the announcement substantially in the form attached hereto as

6

Exhibit A;

7

2.

Lead Counsel shall instruct the Claims Administrator to, no later than three (3) business

8

days following entry of this Order, mail a reminder substantially in the form attached hereto as Exhibit

9

B to all potential Settlement Class Members and nominees who have been previously identified; and

10
11

3.

No later than three (3) business days following entry of this Order, Lead Counsel shall

issue a press release substantially in the form attached hereto as Exhibit C.

12

IT IS SO ORDERED.

13

DATED: ______________
November 9, 2011
__________________________________
THE HONORABLE LUCY H. KOH
UNITED STATES DISTRICT COURT JUDGE

14
15
16
17
18
19
20
21
22
23
24
25
26
27
28

1

This order hereby incorporates by reference the definitions in the Stipulation of Settlement, and all
terms used herein shall have the same meanings as set forth in the Stipulation.

[PROPOSED] ORDER RE REMINDERS
CASE NO. 09-CV-1376-LHK (PSG)

-1-

Case5:09-cv-01376-LHK Document470-2

Filed11/03/11 Page3 of 10

EXHIBIT A

Case5:09-cv-01376-LHK Document470-2

Filed11/03/11 Page4 of 10

UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA – SAN JOSE DIVISION
Case No. 09-CV-1376-LHK (PSG)

IN RE WELLS FARGO MORTGAGEBACKED CERTIFICATES LITIGATION

CONSOLIDATED CLASS ACTION
ECF
REMINDER:
CLAIM FORM DEADLINE IS
DECEMBER 7, 2011

IMPORTANT REMINDER: The deadline to file a claim in the above-referenced
securities class action is approaching. If you are a Settlement Class Member, having purchased
or otherwise acquired any of the mortgage pass-through certificates pursuant or traceable to the
registration statements and prospectuses described below, and wish to be eligible to participate
in the recovery of this settlement, your completed Proof of Claim and Release (“Proof of
Claim”) and supporting documentation must be mailed to the Claims Administrator,
postmarked no later than DECEMBER 7, 2011.
The Settlement Class includes:
PURCHASED
CERTIFICATES

OR

OTHERWISE

PURSUANT

OR

ALL

PERSONS

AND

ENTITIES

WHO

ACQUIRED

MORTGAGE

PASS-THROUGH

TRACEABLE

TO

FARGO

WELLS

ASSET

SECURITIES CORPORATION’S JULY 29, 2005 REGISTRATION STATEMENT,
OCTOBER 20, 2005 REGISTRATION STATEMENT, OR SEPTEMBER 27, 2006
REGISTRATION STATEMENT, AND THE ACCOMPANYING PROSPECTUSES AND
PROSPECTUS SUPPLEMENTS IN THE FOLLOWING 28 OFFERINGS AND WERE
DAMAGED THEREBY: The WFMBS 2006-1 offering, WFMBS 2006-2 offering, WFMBS
2006-3 offering, WFMBS 2006-4 offering, WFMBS 2006-6 offering, WFMBS 2006-AR1
offering, WFMBS 2006-AR2 offering, WFMBS 2006-AR4 offering, WFMBS 2006-AR5
offering, WFMBS 2006-AR6 offering, WFMBS 2006-AR8 offering, WFMBS 2006-AR10
offering, WFMBS 2006-AR11 offering, WFMBS 2006-AR12 offering, WFMBS 2006-AR14

Case5:09-cv-01376-LHK Document470-2

Filed11/03/11 Page5 of 10

offering, WFMBS 2006-AR17 offering, WFMBS 2007-11 offering, WFMBS 2006-7 offering,
WFMBS 2006-10 offering, WFMBS 2006-AR16 offering, WFMBS 2006-18 offering,
WFMBS 2006-AR19 offering, WFMBS 2006-20 offering, WFALT 2007-PA1 offering,
WFMBS 2007-AR4 offering, WFMBS 2007-10 offering, WFMBS 2007-13 offering, and
WFMBS 2006-AR15 offering.
If you meet the definition of the Class and wish to participate in this Settlement, you must
mail a Proof of Claim form and supporting documentation to the Claims Administrator at the
address listed below, postmarked no later than December 7, 2011:
Wells Fargo Project Administration
c/o The Garden City Group, Inc.
P.O. Box 9767
Dublin, OH 43017-5667
The detailed Notice further describes the litigation, the proposed settlement, and the
rights of members of the Settlement Class. You may obtain a copy of the detailed Notice, the
Proof of Claim form, and other information by visiting www.WellsFargoRMBSlitigation.com,
by calling toll-free [phone], or by writing to the address above.
PLEASE DO NOT CONTACT THE COURT OR THE CLERK’S OFFICE
REGARDING THIS NOTICE.

Inquiries, other than requests for the detailed Notice

referenced above and a Proof of Claim form, may be made to plaintiffs’ Lead Counsel:
Bernstein Litowitz Berger & Grossmann LLP
12481 High Bluff Drive, Suite 300
San Diego, CA 92130
Tel: [phone]
Fax: [phone]
Attn: David R. Stickney, Esq.
Niki L. Mendoza, Esq.

Case5:09-cv-01376-LHK Document470-2

Filed11/03/11 Page6 of 10

EXHIBIT B

Case5:09-cv-01376-LHK Document470-2

Filed11/03/11 Page7 of 10

UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA – SAN JOSE DIVISION

IN RE WELLS FARGO MORTGAGE-BACKED
CERTIFICATES LITIGATION

Case No. 09-CV-1376-LHK (PSG)
CONSOLIDATED CLASS ACTION
ECF

A Federal Court authorized this Notice.
This is not a solicitation from a lawyer.

IMPORTANT REMINDER
IF YOU ARE A MEMBER OF THE SETTLEMENT CLASS AND WISH TO RECEIVE A
PAYMENT FROM THE SETTLEMENT IN THE ABOVE MATTER, YOUR CLAIM FORM
MUST BE MUST BE POSTMARKED NO LATER THAN:

DECEMBER 7, 2011
You may have already received a copy of the
NOTICE OF PENDENCY OF CLASS ACTION AND PROPOSED SETTLEMENT
and the PROOF OF CLAIM AND RELEASE form.
Additional copies are available at www.WellsFargoRMBSLitigation.com
or by calling toll-free 1 [phone].

IMPORTANT REMINDER: The deadline to file a claim in the above referenced securities
class action is approaching. If you are a Settlement Class Member, having purchased or otherwise
acquired any of the mortgage pass-through certificates pursuant or traceable to the registration
statements and prospectuses described below, and wish to be eligible to participate in the recovery of
this settlement, your completed Proof of Claim and Release (“Proof of Claim”) form and supporting
documentation must be mailed to the Claims Administrator, postmarked no later than
DECEMBER 7, 2011.
The Settlement Class includes:

ALL PERSONS AND ENTITIES WHO PURCHASED

OR OTHERWISE ACQUIRED MORTGAGE PASS-THROUGH CERTIFICATES PURSUANT OR
TRACEABLE TO WELLS FARGO ASSET SECURITIES CORPORATION’S JULY 29, 2005

Case5:09-cv-01376-LHK Document470-2

Filed11/03/11 Page8 of 10

REGISTRATION STATEMENT, OCTOBER 20, 2005 REGISTRATION STATEMENT, OR
SEPTEMBER 27, 2006 REGISTRATION STATEMENT, AND THE ACCOMPANYING
PROSPECTUSES AND PROSPECTUS SUPPLEMENTS IN THE FOLLOWING 28 OFFERINGS
AND WERE DAMAGED THEREBY: The WFMBS 2006-1 offering, WFMBS 2006-2 offering,
WFMBS 2006-3 offering, WFMBS 2006-4 offering, WFMBS 2006-6 offering, WFMBS 2006-AR1
offering, WFMBS 2006-AR2 offering, WFMBS 2006-AR4 offering, WFMBS 2006-AR5 offering,
WFMBS 2006-AR6 offering, WFMBS 2006-AR8 offering, WFMBS 2006-AR10 offering, WFMBS
2006-AR11 offering, WFMBS 2006-AR12 offering, WFMBS 2006-AR14 offering, WFMBS
2006-AR17 offering, WFMBS 2007-11 offering, WFMBS 2006-7 offering, WFMBS 2006-10
offering, WFMBS 2006-AR16 offering, WFMBS 2006-18 offering, WFMBS 2006-AR19 offering,
WFMBS 2006-20 offering, WFALT 2007-PA1 offering, WFMBS 2007-AR4 offering, WFMBS
2007-10 offering, WFMBS 2007-13 offering, and WFMBS 2006-AR15 offering.
If you meet the definition of the Class and wish to participate in this Settlement, you must mail a
Proof of Claim form and supporting documentation to the Claims Administrator at the address listed
below, postmarked no later than December 7, 2011:
Wells Fargo Project Administration
c/o The Garden City Group, Inc.
P.O. Box 9767
Dublin, OH 43017-5667
The detailed Notice further describes the litigation, the proposed settlement, and the rights of
members of the Settlement Class. You may obtain a copy of the detailed Notice, the Proof of Claim
form, and other information by visiting www.WellsFargoRMBSlitigation.com, by calling toll-free
[phone], or by writing to the address above.
PLEASE DO NOT CONTACT THE COURT OR THE CLERK’S OFFICE
REGARDING THIS NOTICE. Inquiries, other than requests for the detailed Notice referenced above
and a Proof of Claim form, may be made to plaintiffs’ Lead Counsel:
Bernstein Litowitz Berger & Grossmann LLP
12481 High Bluff Drive, Suite 300
San Diego, CA 92130
Tel: [phone]
Fax: [phone]
Attn: David R. Stickney, Esq.
Niki L. Mendoza, Esq.

Case5:09-cv-01376-LHK Document470-2

Filed11/03/11 Page9 of 10

EXHIBIT C

Case5:09-cv-01376-LHK Document470-2

Filed11/03/11 Page10 of 10

Reminder to Settlement Class Members in Wells Fargo Mortgage-Backed
Certificates Litigation: The Deadline to Submit Claim Forms is December 7, 2011.
NEW YORK, November __, 2011 (Marketwire)
Settlement Class Members who wish to participate in the proposed settlement obtained in the In re Wells
Fargo Mortgage-Backed Certificates Litigation (“Action”) are reminded that a completed Proof of Claim
and Release (“Proof of Claim”) and supporting documentation must be mailed to the Claims
Administrator, postmarked no later than December 7, 2011.
The Settlement Class includes: ALL PERSONS AND ENTITIES WHO PURCHASED OR
OTHERWISE ACQUIRED MORTGAGE PASS-THROUGH CERTIFICATES PURSUANT OR
TRACEABLE TO WELLS FARGO ASSET SECURITIES CORPORATION’S JULY 29, 2005
REGISTRATION STATEMENT, OCTOBER 20, 2005 REGISTRATION STATEMENT, OR
SEPTEMBER 27, 2006 REGISTRATION STATEMENT, AND THE ACCOMPANYING
PROSPECTUSES AND PROSPECTUS SUPPLEMENTS IN THE FOLLOWING 28 OFFERINGS AND
WERE DAMAGED THEREBY: The WFMBS 2006-1 offering, WFMBS 2006-2 offering, WFMBS 2006-3
offering, WFMBS 2006-4 offering, WFMBS 2006-6 offering, WFMBS 2006-AR1 offering, WFMBS 2006AR2 offering, WFMBS 2006-AR4 offering, WFMBS 2006-AR5 offering, WFMBS 2006-AR6 offering,
WFMBS 2006-AR8 offering, WFMBS 2006-AR10 offering, WFMBS 2006-AR11 offering, WFMBS 2006AR12 offering, WFMBS 2006-AR14 offering, WFMBS 2006-AR17 offering, WFMBS 2007-11 offering,
WFMBS 2006-7 offering, WFMBS 2006-10 offering, WFMBS 2006-AR16 offering, WFMBS 2006-18
offering, WFMBS 2006-AR19 offering, WFMBS 2006-20 offering, WFALT 2007-PA1 offering, WFMBS
2007-AR4 offering, WFMBS 2007-10 offering, WFMBS 2007-13 offering, and WFMBS 2006-AR15
offering.
If you meet the definition of the Class and wish to participate in this Settlement, you must mail a
Proof of Claim form and supporting documentation to the Claims Administrator at the address listed
below, postmarked no later than December 7, 2011:
Wells Fargo Project Administration
c/o The Garden City Group, Inc.
P.O. Box 9767
Dublin, OH 43017-5667
The detailed Notice further describes the litigation, the proposed settlement, and the rights of
members of the Settlement Class. You may obtain a copy of the detailed Notice, the Proof of Claim form,
and other information by visiting www.WellsFargoRMBSlitigation.com, by calling toll-free [phone],
or by writing to the address above.
PLEASE DO NOT CONTACT THE COURT OR THE CLERK’S OFFICE REGARDING THIS
NOTICE. Inquiries, other than requests for the detailed Notice referenced above and a Proof of Claim
form, may be made to plaintiffs’ Lead Counsel:
Bernstein Litowitz Berger & Grossmann LLP
12481 High Bluff Drive, Suite 300
San Diego, CA 92130
Tel:
[phone]
Fax:
[phone]
Attn:
David R. Stickney, Esq.
Niki L. Mendoza, Esq.
SOURCE: Bernstein Litowitz Berger & Grossmann LLP