In re SAIC, Inc. Securities Litigation

Filing 224

ORDER APPROVING DONATION OF RESIDUAL SETTLEMENT FUNDS:Upon consideration of Lead Counsel's request, IT IS HEREBY ORDERED THAT: The de minimis residual funds remaining in the distribution account may be donated to Investor Protection Trust. (Signed by Judge Gregory H. Woods on 10/26/2023) (rro) Transmission to Finance Unit (Cashiers) for processing.

UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK

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In re SAIC, INC. SECURITIES LITIGATION :
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This Document Relates To:
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ALL ACTIONS.
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USDC SDNY
DOCUMENT
ELECTRONICALLY FILED
DOC #:
DATE FILED: 10/26/2023
Master File No. 1:12-cv-01353-GHW
CLASS ACTION
[PROPOSED] ORDER APPROVING
DONATION OF RESIDUAL SETTLEMENT
FUNDS

The Court has received the October 25, 2023 letter from Lead Counsel regarding the
distribution of the Net Settlement Fund and the small residual funds remaining following those
efforts. Pursuant to ¶6.10 of the Stipulation of Settlement (ECF 179), Lead Counsel seeks the
Court’s approval to distribute the de minimis residual, approximately $2,400, to Investor Protection
Trust, a non-profit organization devoted to investor education, and which is unaffiliated with Lead
Counsel.
Upon consideration of Lead Counsel’s request, IT IS HEREBY ORDERED THAT:
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The de minimis residual funds remaining in the distribution account may be donated

to Investor Protection Trust.
IT IS SO ORDERED.
October 26, 2023
DATED: ______________________

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HONORABLE GREGORY H. WOODS
UNITED STATES DISTRICT JUDGE

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