In re SAIC, Inc. Securities Litigation
| City of Westland Police and Fire Retirement System |
| SAIC, Inc., Gerard Denault, Kenneth C. Dahlberg and Mark W. Sopp |
| 1:2012cv01353 |
| February 22, 2012 |
| US District Court for the Southern District of New York |
| Foley Square Office |
| XX Out of State |
| Deborah A. Batts |
| Securities/Commodities |
| 15 U.S.C. ยง 78 m(a) Securities Exchange Act |
| Both |
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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.
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Filing
220
ORDER AWARDING EXPENSES TO LEAD COUNSEL AND AWARDS TO LEAD PLAINTIFFS PURSUANT TO 15 U.S.C. §78u-4(a)(4): IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that: 1. This Order incorporates by reference the definitions in the Amended Sti pulation of Settlement dated June 26, 2019 (the "Stipulation") and all capitalized terms used, but not defined herein, shall have the same meanings as set forth in the Stipulation. 2. This Court has jurisdiction over the subject mat ter of this application and all matters relating thereto, including all Members of the Class who have not timely and validly requested exclusion. 3. The Court hereby awards Lead Counsel expenses in the amount of $340,000, plus the interest earned on the awarded amount at the same rate as that earned on the Settlement Fund until paid. 4. The awarded expenses and interest earned thereon, shall be paid to Lead Counsel subject to the terms, conditions, and obligatio ns of the Stipulation, and in particular, paragraph 7.2 thereof, which terms, conditions, and obligations are incorporated herein. 5. Pursuant to 15 U.S.C. §78u-4(a)(4), the Court awards $20,000 total to Lead Plaintiff s Indiana Public Retirement System, Indiana State Teachers' Retirement Fund and Indiana Public Employees' Retirement Fund from the Settlement Fund for the time they spent directly related to their representation of the Class. 6. T he Court has considered the objection to the expense award filed by defendant Leidos, Inc., and finds it to be without merit for the reasons stated on the record during the June 26, 2020 hearing. The objection is overruled. (Signed by Judge Gregory H. Woods on 6/29/2020) (mro)
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Filing
216
ORDER: A final approval hearing is scheduled to take place in this matter on June 26, 2020. In their sur-reply in response to Defendant's objection reply, Lead Counsel stated that "there is no question [Kellogg, Hansen, Todd, Figel & Freder ick, P.L.L.C] performed the appellate work Lead Counsel has described or that Lead Counsel incurred and paid the expenses associated with that work. Should the Court require further substantiation of those expenses, Lead Counsel would, of course, pro vide it." Dkt. No. 199 at 2. Lead Counsel is directed to file such further substantiation of those expenses by June 24, 2020 at 5:00 p.m.SO ORDERED. (Signed by Judge Gregory H. Woods on 6/23/2020) Filed In Associated Cases: 1:12-cv-01353-GHW, 1:12-cv-03185-DAB (ama)
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Filing
213
ORDER CONFIRMING THAT FINAL SETTLEMENT HEARING SCHEDULED FOR JUNE 26, 2020 WILL BE CONDUCTED BY TELEPHONE: IT IS HEREBY ORDERED that: The hearing to consider final approval of the Settlement in this Litigation, approval of the Plan o f Allocation, Lead Counsel's motion for expenses, and related matters (the "Hearing") scheduled for June 26, 2020 at 4:00 p.m. will be conducted by telephone at the date and time previously scheduled. Lead Counsel shall arrange for a conference call facility for the Hearing, which can be accessed by dialing (800) 504-8071 and using the access code 3383871#. Lead Counsel shall notify Class Members of the call-in number to participate in the Hearing by publishi ng a prominent notice on the home page of the settlement website, www.SAICSecuritiesSettlement.com. If any objections to the Settlement are received, Lead Counsel shall directly notify the objectors of the access information for the Hearing. Lead Counsel shall initiate a call to the Court at the time of the Hearing, and provide the Court with a "roll-call" of all attorneys (and any Class Members) who will appear on the record. Lead Counsel shall also comply with Rule 2(C) of the Court's Emergency Rules. ( Telephone Conference set for 6/26/2020 at 04:00 PM before Judge Gregory H. Woods.) (Signed by Judge Gregory H. Woods on 5/6/2020) (mro)
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Filing
208
ORDER REGARDING NOTICE OF CONTINUED HEARING DATE: IT IS HEREBY ORDERED that: 1. The Final Approval Hearing Date is continued to June 26, 2020 at 4:00 p.m. unless further adjournment is necessary. 2. No later than two business days after entry of thi s Order, Lead Counsel shall cause the press release attached hereto to be issued on the Business Wire. 3. No later than two business days after entry of this Order, the Claims Administrator shall update the settlement website with the adjourned hear ing date, as well as a notification that the Final Approval Hearing may be further continued if circumstances require, and that further updates will be available on the website or by contacting Lead Counsel. (As further set forth in this Order.) (Status Conference set for 6/26/2020 at 04:00 PM before Judge Gregory H. Woods.) (Signed by Judge Gregory H. Woods on 3/26/2020) (cf)
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Filing
205
ORDER: A final approval hearing is scheduled to take place in this matter on April 2, 2020. In light of the COVID-19 pandemic and the associated restrictions on travel and the congregation of groups of people, the Court will adjourn the final approva l hearing to a date to be determined. The Court directs that counsel for the parties confer and provide the Court the following: (1) proposed dates and times for the final approval hearing, which should be no earlier than June 15, 2020; (2) a propose d plan to notify class members of the adjourned hearing date; and (3) a proposed order and form of notice to class members regarding the adjourned date. To the extent that the parties believe that no such notice to class members is required, they are directed to submit their views and supporting legal precedent to the Court by the same date. The parties are directed to file those submissions no later than March 26, 2020. SO ORDERED. (Signed by Judge Gregory H. Woods on 3/24/2020) (ama)
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Filing
193
ORDER: The Court is in receipt of Defendant's Partial Objection to Lead Plaintiff's Request for Expenses dated December 16, 2019. (ECF No. 192.) To date, Lead Plaintiffs have not responded to Defendant's Objection. The settlement h earing scheduled for Wednesday, January 8, 2020 at 10:30 AM is hereby adjourned sine die. Plaintiffs shall respond to Defendant's Objection by January 15, 2020. Thereafter, Defendant shall reply by January 29, 2020. SO ORDERED. (Signed by Judge Deborah A. Batts on 12/19/2019) ( Responses due by 1/15/2020, Replies due by 1/29/2020.)(ks)
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