Opinion
Master File No. 02 Civ. 3288 (DLC).
February 2, 2005
ORDER
Having considered the parties' submissions and for the reasons that will be explained in an Opinion to follow, the application by the Settling Director Defendants and Lead Plaintiff for approval of the judgment reduction formula contained in the January 18, 2005 Stipulation of Settlement, insofar as the "Contribution Credit" is adjusted to reflect any limitation on the financial capability of the Settling Director Defendants, is hereby
DENIED as a violation of 15 U.S.C. § 78u-4 (f) (7) (B) (i).
SO ORDERED.