Azar et al v. Blount International Inc. et al
| Dean Alfrange and Elia Azar |
| ASP Blade Intermediate Holdings, Inc., ASP Blade Merger Sub, Inc., American Securities, LLC, Robert E. Beasley, Jr., Blount International Inc., Ronald Cami, Andrew C. Clarke, Joshua L. Collins, Nelda J. Connors, E. Daniel James, Harold E. Layman, Max L. Lukens, Daniel J. Obringer, P2 Capital Partners, LLC and David A. Willmott |
| 3:2016cv00483 |
| March 21, 2016 |
| US District Court for the District of Oregon |
| Portland (3) Office |
| Michael H. Simon |
| Securities/Commodities |
| 15 U.S.C. ยง 78 m(a) Securities Exchange Act |
| Plaintiff |
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| Document Text |
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Filing
162
Opinion and Order - Plaintiffs' Unopposed Motion for Final Approval of: (i) Class Action Settlement; (ii) Class Certification; (iii) Plan of Allocation; and (iv) Application for Award of Attorney's Fees, Reimbursement of Expenses, and Servi ce Awards (ECF 148 ) is GRANTED IN PART. The Court approves the Class Action Settlement and Plan of Allocation. Plaintiffs' counsel are awarded $764,750 in attorney's fees and $317,922.40 in expenses, to be paid from the Settleme nt Fund. Lead Plaintiffs' request for service or incentive awards is DENIED. This case is dismissed, but the Court retains jurisdiction over the parties and all matters relating to the Action and the Stipulation, including the administration, interpretation, construction, effectuation, enforcement, and consummation of the Settlement and this Opinion and Order. Signed on 12/31/2019 by Judge Michael H. Simon. (mja)
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Filing
68
Opinion and Order - Plaintiffs have satisfied the requirements of the PSLRA and adequately alleged materially misleading representations and omissions contained in the Proxy statement, Defendants' negligence, and resulting loss causation. Thus, Plaintiffs have sufficiently stated a claim for a violation of § 14(a) of the Securities Exchange Act. Defendants' motion to dismiss (ECF 56 ) is therefore DENIED. In addition, the motion to dismiss (ECF 58 ) brought by other defendants who since have been voluntarily dismissed from this action by Plaintiffs is denied as moot. Signed on 3/20/2017 by Judge Michael H. Simon. (mja)
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