Reginald Newton, et al v. Tenet Healthcare, et al

Justia Dockets & Filings Ninth Circuit California Central District Reginald Newton, et al v. Tenet Healthcare, et al

Reginald Newton, et al v. Tenet Healthcare, et al

Plaintiff:	Ogi Ivanov, New Jersey State of and Reginald Newton
Defendant:	Jeffrey C Barbakow, David L Dennis, Does 1-100 and Tenet Healthcare Corporation
Movant:	1199 Health Care Employees Pension Fund, Necati Aalkas, Gilbert Aronowitz, Michael Atlas, Lawrence Biondi, Gus Boosalis, Bernice B Bratter, Ron Chin, Sanford Cloud, Jr, Maurice J DeWald, Trevor Fetter, Michael Focht, -, Gary Alan Hamner, Raymond A Hay, Highbridge Capital Corporation, Van B Honeycutt, J Robert Kerrey, Lester B Korn, Floyd D Loop, Thomas B Mackey, Raymond L Mathiasen, Ontario Teachers' Pension Plan Board, Poe Financial Group, Retirement System of Louisiana, Rudman Group, Barry B Schochet and Christi - Sulzbach
Intervenor Defendant:	KPMG LLP
Objector:	Rinis Travel Services, Inc. Profit Sharing Trust
Case Number:	2:2002cv08462
Filed:	December 4, 2008
Court:	U.S. District Court for the Central District of California
Office:	Western Division - Los Angeles Office
Presiding Judge:	Ronald S.W. Lew
Presiding Judge:	Ralph Zarefsky
Nature of Suit:	Securities/Commodities
Cause of Action:	15 U.S.C. § 78 m(a) Securities Exchange Act

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Date Filed	Document Text
December 4, 2008	Filing 444 FINAL JUDGMENT AND ORDER by Judge Ronald S.W. Lew: IT IS HEREBY ORDERED that the Court, for purposes of this Final Judgment and Order, adopts all defined terms as set forth in the KPMG Stipulation 435 . The Action and all claims included therein, as well as all of the Released Claims (defined in the Stipulation and in Paragraph 8 of this document) are hereby dismissed with prejudice as to the Lead Plaintiff and the other members of the KPMG Class, and as against each and all of the Released Per sons (defined in the Stipulation and in Paragraph 8 of this document). The Settling Parties are to bear their own costs, except as otherwise provided in the KPMG Stipulation. Lead Plaintiff's Counsel are hereby awarded a total of $1,762,232 .15 in reimbursement of expenses, with interest from the date the Settlement Amount was funded to the date of payment at the same net rate that interest is earned by the Settlement Amount. Lead Plaintiff's Counsel are also hereby awarded attorne ys' fees in the amount of 12% of the KPMG Gross Settlement Fund (a defined term which includes interest) less the Expense Reimbursement, which sum the Court finds to be fair and reasonable. In making this award of attorneys' fees and r eimbursement of expenses to be paid from the KPMG Gross Settlement Fund, the Court has considered and found that the KPMG Settlement has created a fund of $65,000,000 in cash, plus interest thereon, and that numerous KPMG Class Members who submi t acceptable Proofs of Claim or who previously submitted Proofs of Claim in connection with the Tenet Settlement will benefit from the KPMG Settlement Fund created by Lead Plaintiff's Counsel. The Court hereby awards $52,000.00 to the Lead Plaintiff as reimbursement for its reasonable time and expenses incurred in serving as the Lead Plaintiff and representing the KPMG Class during the prosecution of this Action. The Court hereby overrules objections asserted by objector Rinis Travel Services, Inc. Profit Sharing Trust. See document for details. (MD JS-6, Case Terminated). (gk)

Date Filed

Document Text

December 4, 2008

Filing 444 FINAL JUDGMENT AND ORDER by Judge Ronald S.W. Lew: IT IS HEREBY ORDERED that the Court, for purposes of this Final Judgment and Order, adopts all defined terms as set forth in the KPMG Stipulation 435 . The Action and all claims included therein, as well as all of the Released Claims (defined in the Stipulation and in Paragraph 8 of this document) are hereby dismissed with prejudice as to the Lead Plaintiff and the other members of the KPMG Class, and as against each and all of the Released Per sons (defined in the Stipulation and in Paragraph 8 of this document). The Settling Parties are to bear their own costs, except as otherwise provided in the KPMG Stipulation. Lead Plaintiff's Counsel are hereby awarded a total of $1,762,232 .15 in reimbursement of expenses, with interest from the date the Settlement Amount was funded to the date of payment at the same net rate that interest is earned by the Settlement Amount. Lead Plaintiff's Counsel are also hereby awarded attorne ys' fees in the amount of 12% of the KPMG Gross Settlement Fund (a defined term which includes interest) less the Expense Reimbursement, which sum the Court finds to be fair and reasonable. In making this award of attorneys' fees and r eimbursement of expenses to be paid from the KPMG Gross Settlement Fund, the Court has considered and found that the KPMG Settlement has created a fund of $65,000,000 in cash, plus interest thereon, and that numerous KPMG Class Members who submi t acceptable Proofs of Claim or who previously submitted Proofs of Claim in connection with the Tenet Settlement will benefit from the KPMG Settlement Fund created by Lead Plaintiff's Counsel. The Court hereby awards $52,000.00 to the Lead Plaintiff as reimbursement for its reasonable time and expenses incurred in serving as the Lead Plaintiff and representing the KPMG Class during the prosecution of this Action. The Court hereby overrules objections asserted by objector Rinis Travel Services, Inc. Profit Sharing Trust. See document for details. (MD JS-6, Case Terminated). (gk)

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Movant: 1199 Health Care Employees Pension Fund
Represented By:	Elizabeth J Arleo
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Movant: Necati Aalkas
Represented By:	Francis A Bottini, Jr
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Movant: Gilbert Aronowitz
Represented By:	Michael D Braun
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Movant: Michael Atlas
Represented By:	Francis A Bottini, Jr
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Movant: Lawrence Biondi
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Movant: Gus Boosalis
Represented By:	Lauren S Antonino
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Movant: Bernice B Bratter
Represented By:	Matthew Thomas Heartney
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Movant: Ron Chin
Represented By:	Lauren S Antonino
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Movant: Sanford Cloud, Jr
Represented By:	Matthew Thomas Heartney
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Movant: Maurice J DeWald
Represented By:	Matthew Thomas Heartney
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Movant: Trevor Fetter
Represented By:	Daniel S Floyd
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Movant: Michael Focht, -
Represented By:	Daniel S Floyd
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Movant: Gary Alan Hamner
Represented By:	Venus Soltan
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Movant: Raymond A Hay
Represented By:	Daniel S Floyd
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Movant: Highbridge Capital Corporation
Represented By:	Sandy A Liebhard
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Movant: Van B Honeycutt
Represented By:	Matthew Thomas Heartney
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Movant: J Robert Kerrey
Represented By:	Matthew Thomas Heartney
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Movant: Lester B Korn
Represented By:	Matthew Thomas Heartney
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Movant: Floyd D Loop
Represented By:	Robert H Horn
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Movant: Thomas B Mackey
Represented By:	Benjamin N Gluck
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Movant: Raymond L Mathiasen
Represented By:	Daniel S Floyd
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Movant: Ontario Teachers' Pension Plan Board
Represented By:	Robert S Gans
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Movant: Poe Financial Group
Represented By:	Sandy A Liebhard
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Movant: Retirement System of Louisiana
Represented By:	Robert S Gans
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Movant: Rudman Group
Represented By:	Lionel Z Glancy
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Movant: Barry B Schochet
Represented By:	Daniel S Floyd
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Movant: Christi - Sulzbach
Represented By:	Daniel S Floyd
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Defendant: Jeffrey C Barbakow
Represented By:	Terry Neal Christensen
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Defendant: David L Dennis
Represented By:	Robert Harold Fairbank
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Defendant: Does 1-100
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Defendant: Tenet Healthcare Corporation
Represented By:	Daniel S Floyd
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Plaintiff: Ogi Ivanov
Represented By:	Eric J Belfi
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Plaintiff: New Jersey State of
Represented By:	Katrina Blumenkrants
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Plaintiff: Reginald Newton
Represented By:	Lauren S Antonino
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Intervenor defendant: KPMG LLP
Represented By:	Richard Bloom
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Objector: Rinis Travel Services, Inc. Profit Sharing Trust
Represented By:	Daniel Scott Brown
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