ALDERFER v. CLEMENS MARKETS, INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN 003 et al
| GERALD ALDERFER |
| CLEMENS MARKETS, INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN 003, THE TRUSTEES OF THE CLEMENS MARKETS, INC. RETIREMENT SAVINGS PROFIT SHARING PLAN 003, THE TRUSTEES OF TRUST A OF THE CLEMENS MARKETS, INC. RETIREMENT SAVINGS AND PROFIT SHARING PLAN, JACK CLEMENS, ROBERT DERSTINE, ROBERT M. LAVIN, GERALD R. SPENCER and DOUGLAS C. MOYER |
| 2:2010cv04423 |
| September 1, 2010 |
| US District Court for the Eastern District of Pennsylvania |
| Philadelphia Office |
| Montgomery |
| BERLE M. SCHILLER |
| Employee Retirement Income Security Act of 1974 |
| 29 U.S.C. ยง 1132 |
| None |
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Filing
32
ORDER THAT THIS ACTION IS FINALLY CERTIFIED AS A CLASS ACTION ON BEHALF OF A SETTLEMENT CLASS DEFINED AS FOLLOWS: EXCLUDING DEFENDANTS, ALL PERSONS LOCATED IN THE UNITED STATES WHO ARE OR WERE PARTICIPANTS IN THE CLEMENS MARKETS, INC. RETIREMENT SAV INGS AND PROFIT SHARING PLAN 003, TRUST A, SINCE SEPTEMBER 1, 2006, WHO HELD CLEMENS MARKETS, INC. STOCK, DIRECTLY OR THROUGH THE CLEMENS MARKETS COMPANY STOCK FUND, AS A COMPONENT OF THEIR INVESTMENT IN THE PLAN, ETC. THE COMPLAINT IS DISMISSED W ITH PREJUDICE AND THE CLASS MEMBER CLAIMS ARE DEEMED RELEASED TO THE EXTENT SPECIFIED IN THE STIPULATION OF SETTLEMENT. CLASS COUNSEL'S REQUEST FOR FEES IS GRANTED. THE FOLLOWING COSTS AND COUNSEL FEES ARE APPROVED: ATTORNEYS' FEES OF $192,750 AND COSTS OF $7,187.68 TO CLASS COUNSEL, $21,590.30 IN ADMINISTRATIVE EXPENSES FOR THE WORK OF CLAIMS ADMINISTRATOR HEFFLER CLAIMS ADMINISTRATION, AN INCENTIVE AWARD OF $5,000 TO GERALD ALDERFER, AND REIMBURSEMENT FOR AN INITIAL RETAINER FEE OF $7,500 TO GERALD ALDERFER. COSTS AND COUNSEL FEES MAY BE PAID FROM THE SETTLEMENT FUND, ETC. THE CLERK OF COURT IS DIRECTED TO CLOSE THIS CASE. SIGNED BY HONORABLE BERLE M. SCHILLER ON 4/18/12. 4/19/12 ENTERED AND COPIES E-MAILED.(er, )
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Filing
14
MEMORANDUM AND/OR OPINION ORDER THAT THE DEFENDANTS' MOTION TO DISMISS (DOC. #8) IS GRANTED IN PART AND DENIED IN PART. DEFENDANTS SHALL FILE AN ANSWER WITHIN FOURTEEN DAYS OF THE THIS ORDER.. SIGNED BY HONORABLE BERLE M. SCHILLER ON 12/23/2010. 12/23/2010 ENTERED AND COPIES E-MAILED.(tomg, )
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