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In re Paincare Holdings Securities Litigation

United States District Court, M.D. Florida, Orlando Division
Apr 9, 2010
Lead Case No. 6:06-cv-362-Orl-28DAB, Member Cases: 6:06-cv-363-Orl-28DAB, 6:06-cv-373-Orl-28DAB, 6:06-cv-374-Orl-28DAB, 6:06-cv-379-Orl-28DAB, 6:06-cv-396-Orl-28DAB, 6:06-cv-417-Orl-28DAB, 6:06-cv-490-Orl-28DAB, 6:06-cv-512-Orl-28DAB, 6:06-cv-587-Orl-28DAB, 6:06-cv-676-Orl-28DAB (M.D. Fla. Apr. 9, 2010)

Opinion

Lead Case No. 6:06-cv-362-Orl-28DAB, Member Cases: 6:06-cv-363-Orl-28DAB, 6:06-cv-373-Orl-28DAB, 6:06-cv-374-Orl-28DAB, 6:06-cv-379-Orl-28DAB, 6:06-cv-396-Orl-28DAB, 6:06-cv-417-Orl-28DAB, 6:06-cv-490-Orl-28DAB, 6:06-cv-512-Orl-28DAB, 6:06-cv-587-Orl-28DAB, 6:06-cv-676-Orl-28DAB.

April 9, 2010


ORDER


This case is before the Court on Plaintiff's Motion for Approval of Distribution of the Settlement Fund to the Plaintiff Class (Doc. No. 164) filed February 19, 2010. The United States Magistrate Judge has submitted a report recommending that the motion be granted.

After an independent de novo review of the record in this matter, and noting that no objections were timely filed, the Court agrees entirely with the findings of fact and conclusions of law in the Report and Recommendation. Therefore, it is ORDERED as follows:

1. That the Report and Recommendation filed March 18, 2010 (Doc. No. 168) is ADOPTED and CONFIRMED and made a part of this Order.

2. Plaintiff's Motion for Approval of Distribution of the Settlement Fund to Plaintiff Class (Doc. No. 164) is GRANTED.

3. The decisions of the Claims Administrator and counsel in connection with the administration of the settlement of the actions are approved.

4. The Court authorizes payment from the settlement fund to the Claims Administrator (Heffler, Radetich Saitta, L.L.P.) for its final invoice for services rendered or to be incurred in connection with administration of the settlement.

5. The Court authorizes payment from the settlement fund to the Internal Revenue Service of any taxes that may be due and owing on the interest earned by the settlement fund.

6. The Court authorizes the distribution of the settlement fund by the Claims Administrator to members of the plaintiff class who have filed valid proof of claim forms and whose claims have received Court approval.

DONE and ORDERED in Chambers, Orlando, Florida this 9th day of April, 2010.


Summaries of

In re Paincare Holdings Securities Litigation

United States District Court, M.D. Florida, Orlando Division
Apr 9, 2010
Lead Case No. 6:06-cv-362-Orl-28DAB, Member Cases: 6:06-cv-363-Orl-28DAB, 6:06-cv-373-Orl-28DAB, 6:06-cv-374-Orl-28DAB, 6:06-cv-379-Orl-28DAB, 6:06-cv-396-Orl-28DAB, 6:06-cv-417-Orl-28DAB, 6:06-cv-490-Orl-28DAB, 6:06-cv-512-Orl-28DAB, 6:06-cv-587-Orl-28DAB, 6:06-cv-676-Orl-28DAB (M.D. Fla. Apr. 9, 2010)
Case details for

In re Paincare Holdings Securities Litigation

Case Details

Full title:IN RE: PAINCARE HOLDINGS SECURITIES LITIGATION

Court:United States District Court, M.D. Florida, Orlando Division

Date published: Apr 9, 2010

Citations

Lead Case No. 6:06-cv-362-Orl-28DAB, Member Cases: 6:06-cv-363-Orl-28DAB, 6:06-cv-373-Orl-28DAB, 6:06-cv-374-Orl-28DAB, 6:06-cv-379-Orl-28DAB, 6:06-cv-396-Orl-28DAB, 6:06-cv-417-Orl-28DAB, 6:06-cv-490-Orl-28DAB, 6:06-cv-512-Orl-28DAB, 6:06-cv-587-Orl-28DAB, 6:06-cv-676-Orl-28DAB (M.D. Fla. Apr. 9, 2010)