Washtenaw County Employees Retirement System v. Celera Corporation et al

Filing 191

INTERIM ORDER RE: MOTION FOR FINAL APPROVAL OF CLASS ACTION SETTLEMENT 180 , 181 . Counsel for Lead Plaintiff shall submit a supplemental pleading on or before 8/28/2015. Counsel shall also lodge with the court itemized billings on or before 7/31/2015. Signed by Judge Edward J. Davila on 7/16/2015. (ejdlc4S, COURT STAFF) (Filed on 7/16/2015) Modified text on 7/16/2015 (ecg, COURT STAFF).

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1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 SAN JOSE DIVISION 7 8 9 IN RE: CELERA CORPORATION SECURITIES LITIGATION Case No. 5:10-cv-02604-EJD 11 United States District Court Northern District of California 10 INTERIM ORDER RE: MOTION FOR FINAL APPROVAL OF CLASS ACTION SETTLEMENT Re: Dkt. No. 180, 181 12 Lead Plaintiff Washtenaw County Employees Retirement System’s (“Lead Plaintiff”) 13 14 motions for final approval of class action settlement and for attorneys’ fees and costs came on for 15 hearing on July 16, 2015. In connection with those motions, the court issues the following interim 16 orders: 17 1. For all class members who were mailed a claim package on June 24, 2015 (See Decl. of 18 Carole K. Sylvester, Dkt. No. 189, at ¶ 3), the deadline to submit a claim form shall be 19 extended from June 28, 2015 to August 14, 2015. The Claims Administrator shall provide 20 21 22 23 24 25 26 electronic notice of this deadline extension, such as notice through e-mail, to the 31,238 potential class members and nominees whose claim packages were mailed on June 24, 2015. The Claims Administrator shall also publicize the deadline extension on the settlement website. 2. Consistent with the discussion at the hearing, the Claims Administrator shall review and consider any untimely claim forms, including those submitted after August 14, 2015, to determine if those claims should be accepted. 3. On or before August 28, 2015, counsel for Lead Plaintiff shall submit a supplemental 27 28 1 Case No.: 5:10-cv-02604-EJD INTERIM ORDER RE: MOTION FOR FINAL APPROVAL OF CLASS ACTION SETTLEMENT 1 pleading, not exceeding 5 pages in length, with provides the following information: (a) 2 Lead Plaintiff’s final estimate of the class size; (b) the final number of claims forms 3 received by the Claims Administrator; (c) the final amount per share that will be 4 distributed to the class; and (d) the class member participation rate. 5 4. On or before July 31, 2015, counsel for Lead Plaintiff shall lodge with the undersigned’s 6 courtroom deputy, Elizabeth C. Garcia, itemized billings which explain the basis for all 7 attorneys’ fees and costs sought by all counsel who participated in this action. The billings 8 9 10 United States District Court Northern District of California 11 must include the following information: (a) the name, title, and billing rate of each timekeeper who performed work on this case; (b) a description of each task performed by the timekeeper, organized by date; and (c) the amount of time spent on each task. These billings should not include tasks for which fees are not sought. 12 13 14 15 16 IT IS SO ORDERED. Dated: July 16, 2015 ______________________________________ EDWARD J. DAVILA United States District Judge 17 18 19 20 21 22 23 24 25 26 27 28 2 Case No.: 5:10-cv-02604-EJD INTERIM ORDER RE: MOTION FOR FINAL APPROVAL OF CLASS ACTION SETTLEMENT

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