Duncan v. Joy Global Inc et al

Filing 79

ORDER signed by Judge Pamela Pepper on 12/27/2018 GRANTING 68 MOTION for Entry of Order for Reimbursement of Reasonable Costs and Expenses Incurred by Lead Plaintiffs. (cc: all counsel) (cb)

UNITED STATES DISTRICT COURT
EASTERN DISTRICT OF WISCONSIN

STEVEN DUNCAN, PETER CAHILL and
CHARLES CAPARELLI, Individually and on
Behalf of All others Similarly Situated,
Plaintiffs,
v.

Case No. 16-cv-1229-pp

JOY GLOBAL INC., EDWARD L. DOHENY II,
JOHN NILS HANSON, STEVEN L. GERARD,
MARK J. GLIEBE, JOHN T. GREMP, GALE E. KLAPPA,
RICHARD B. LOYND, P. ERIC SIEGERT and
JAMES H. TATE,
Defendants.

ORDER GRANTING MOTION FOR ENTRY OF AN ORDER FOR
REIMBURSEMENT OF REASONABLE COSTS AND EXPENSES INCURRED
BY LEAD PLAINTIFFS (DKT. NO. 68) AND AWARDING REIMBURSEMENT
OF LEAD PLAINTIFFS’ COSTS AND EXPENSES

The lead plaintiffs filed a motion, asking the court to enter an order
reimbursing them for their reasonable costs and expenses. Dkt. No. 68. The
court has considered the documents supporting that order, as well as the
arguments of counsel for the lead plaintiffs made at the final approval hearing
on December 20, 2018 (dkt. nos. 74, 75), and ORDERS:
1. All the capitalized terms used in this order have the same
meanings as set forth in the Stipulation of Settlement dated May
22, 2018 (dkt. no. 52).

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2. The court has jurisdiction over the subject matter of this
application and all related matters, including all Members of the
Class who have not timely and validly requested exclusion.
3. The court GRANTS the lead plaintiffs’ motion for entry of an order
for reimbursement of reasonable costs and expenses. Under 15
U.S.C. §78u-4(a)(4), the court AWARDS: (i) Lead Plaintiff Peter
Cahill his reasonable costs and expenses (including lost wages)
directly related to his representation of the Settlement Class in the
amount of $23,000.00; and (ii) Lead Plaintiff Charles Caparelli his
reasonable costs and expenses (including wages) directly related to
his representation of the Settlement Class in the amount of
$2,400.00.
4. The reimbursement awards for the class representatives are to be
paid from the Settlement Fund immediately after the date this
Order is executed subject to the terms, conditions, and obligations
of the Stipulation, which terms, conditions, and obligations are
incorporated herein.
Dated in Milwaukee, Wisconsin this 27th day of December, 2018.
BY THE COURT:
_____________________________________
HON. PAMELA PEPPER
United States District Judge

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