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In re Leapfrog Enters. Inc. Sec. Litig.

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION
Nov 16, 2011
CIVIL ACTION NO. C-03-05421-RMW (N.D. Cal. Nov. 16, 2011)

Opinion

CIVIL ACTION NO. C-03-05421-RMW

11-16-2011

In re LEAPFROG ENTERPRISES, INC. SECURITIES LITIGATION This Document Relates To: All Actions

Joseph J. Tabacco, Jr. Christopher T. Heffelfinger Nicole Lavallee BERMAN DEVALERIO Liaison Counsel for Lead Plaintiff and the Class Steven J. Toll COHEN MILSTEIN SELLERS & TOLL PLLC Lead Counsel for Lead Plaintiff and the Class


[] ORDER GRANTING APPLICATION FOR AN ORDER

AUTHORIZING CY PRES DISTRIBUTION

Having considered the papers filed by the Lead Plaintiff Parnassus Fund and the Parnassus Equity Income Fund ("Lead Plaintiff") for an Order Authorizing Cy Pres Distribution to The Institute for Law & Economic Policy; it further appearing to the Court that $18,693.90 in outstanding uncashed expired eligible claimant checks remains in the Net Settlement Fund; and for good cause shown,

IT IS HEREBY ORDERED:

(1) Lead Plaintiff's Application for an Order Authorizing Cy Pres Distribution is GRANTED.

(2) The Court authorizes Lead Plaintiff's counsel to distribute $18,693.90 of settlement funds to The Institute for Law & Economic Policy.

(3) This distribution of settlement funds is made pursuant to the inherent authority of the Court and consent of the parties, specifically pursuant to the Stipulation of Settlement (ECF No. 274) reached in this case.

(4) Pursuant to the Court's December 21, 2009, Order re: Distribution of Class Settlement Fund (ECF No. 319), the Claims Administrator shall distribute the remaining funds to The Institute for Law & Economic Policy.

(5) Providing no further adjustments must be made to the accounting, then after ninety days (a) the settlement administration will be terminated; and (b) Lead Plaintiff, Lead Counsel and the Claims Administrator will be discharged from any further duties in connection with the administration of the settlement fund.

IT IS SO ORDERED.

HON. RONALD M. WHYTE

UNITED STATES DISTRICT COURT JUDGE

Submitted by:

Joseph J. Tabacco, Jr.

Christopher T. Heffelfinger

Nicole Lavallee

BERMAN DEVALERIO

Liaison Counsel for Lead Plaintiff and the Class

Steven J. Toll

COHEN MILSTEIN SELLERS & TOLL PLLC

Lead Counsel for Lead Plaintiff and the Class


Summaries of

In re Leapfrog Enters. Inc. Sec. Litig.

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION
Nov 16, 2011
CIVIL ACTION NO. C-03-05421-RMW (N.D. Cal. Nov. 16, 2011)
Case details for

In re Leapfrog Enters. Inc. Sec. Litig.

Case Details

Full title:In re LEAPFROG ENTERPRISES, INC. SECURITIES LITIGATION This Document…

Court:UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA SAN JOSE DIVISION

Date published: Nov 16, 2011

Citations

CIVIL ACTION NO. C-03-05421-RMW (N.D. Cal. Nov. 16, 2011)