Rafton v. Rydex Series Funds et al

Filing 129

ORDER Authorizing Further Progress Payment to Claims Administrator. Signed by Judge Lucy H. Koh on 2/9/2012. (lhklc1, COURT STAFF) (Filed on 2/9/2012)

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Case5:10-cv-01171-LHK Document127 Filed02/09/12 Page1 of 2 6 ALAN W. SPARER (No. 104921) MARC HABER (No. 192981) JAMES S. NABWANGU (No. 236601) SPARER LAW GROUP 100 Pine Street, 33rd Floor San Francisco, California 94111-5128 Telephone: 415/217-7300 Facsimile: 415/217-7307 asparer@sparerlaw.com mhaber@sparerlaw.com jnabwangu@sparerlaw.com 7 CLASS COUNSEL 1 2 3 4 5 8 UNITED STATES DISTRICT COURT 9 NORTHERN DISTRICT OF CALIFORNIA 10 SAN JOSE DIVISION 11 12 13 JAMES RAFTON, TRUSTEE OF THE JAMES AND CYNTHIA RAFTON TRUST, et al., No. CV 10-01171 LHK Action Filed: March 19, 2010 Plaintiffs, 14 v. 15 RYDEX SERIES FUNDS; et al., 16 [PROPOSED] ORDER AUTHORIZING FURTHER PROGRESS PAYMENT TO CLAIMS ADMINISTRATOR Defendants. 17 18 CLASS ACTION 19 20 21 Date: Time: Dept: Judge: February 9, 2012 1:30 p.m. Courtroom 8, 4th Floor Hon. Lucy H. Koh 22 23 24 25 26 27 28 [PROP] ORDER AURHORIZING FURTHER PROGRESS PAYMENT TO CLAIMS ADMINISTRATOR No. CV 10-01171 LHK Case5:10-cv-01171-LHK Document127 Filed02/09/12 Page2 of 2 1 Class Counsel’s request for authorization to approve a further payment to the Claims 2 Administrator, the Garden City Group, Inc., from the Settlement Fund duly came before the 3 Court for hearing on February 9, 2012. The Court has considered the request and supporting 4 materials, and all matters presented at the February 9, 2012 hearing, and otherwise being fully 5 informed of the proceedings, and good cause appearing therefor, 6 NOW, IT IS HEREBY ORDERED THAT: 7 1. 8 Class Counsel is authorized to approve a further progress payment to the Claims Administrator from the Settlement Fund in the amount of $347,500. 9 10 February 9 DATED: __________________, 2012 11 12 THE HONORABLE LUCY H. KOH UNITED STATES DISTRICT JUDGE 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 -1- [PROP] ORDER AURHORIZING FURTHER PROGRESS PAYMENT TO CLAIMS ADMINISTRATOR No. CV 10-01171 LHK

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