Aude v. Kobe Steel, Ltd. et al
| Daniel Aude |
| Kobe Steel, Ltd., Hiroya Kawasaki, Yoshinori Onoe, Akira Kaneko and Naoto Umehara |
| 1:2017cv10085 |
| December 26, 2017 |
| US District Court for the Southern District of New York |
| Foley Square Office |
| Vernon S. Broderick |
| Securities/Commodities/Exchanges |
| 15 U.S.C. ยง 78 |
| Plaintiff |
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Filing
42
ORDER GRANTING AUTHORIZATION TO DISTRIBUTE THE NET SETTLEMENT FUND granting 38 Motion for Disbursement of Funds. IT IS HEREBY ORDERED, ADJUDGED, AND DECREED THAT: This Order incorporates by reference the definitions in the Stipulation of Se ttlement and Release, dated September 21, 2018 (Dkt. No. 25-1) (the "Stipulation"). All terms used herein shall have the same meanings as set forth in the Stipulation, and the Deschamps Declaration. This Court has jurisdiction over the subject matter of the Action and over all parties to the Action, including all Settlement Class Members. All of the Claims Administrator's fees and expenses incurred in connection with the administration of the Settlement are approved, and L ead Counsel is directed to pay the currently outstanding balance of $52,925 and the balance of anticipated fees and expenses of $12,909 after the completion of performance of services out of the Settlement Fund to A.B Data. The proposed plan for distributing the Net Settlement Fund (the "Distribution Plan") as set forth in the Deschamps Declaration is APPROVED and further set forth in this Order. (Signed by Judge Vernon S. Broderick on 3/16/2020) (rro) Modified on 3/16/2020 (rro).
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Filing
11
OPINION & ORDER re: 5 MOTION to Appoint Daniel Aude to serve as lead plaintiff(s), filed by Daniel Aude. Because I find that Aude satisfies the requirements of the PSLRA, including the typicality and adequacy requirements of Rule 23, Aude 9;s motion for appointment as Lead Plaintiff and for approval of his selection of Lead Counsel is GRANTED. The Clerk of Court is respectfully requested to terminate the pending motion. (Doc. 5.) (Motions terminated: 5 MOTION to Appoint Daniel Aude to serve as lead plaintiff(s), filed by Daniel Aude.) (Signed by Judge Vernon S. Broderick on 4/4/2018) (ras)
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