Legal Opinion

In Re Oracle Securities Litigation

District Court, N.D. California

Decided June 14, 1994No. C-90-0931-VRWPublishedCited by 24 opinions

1Opinion of the Court

ORDER APPROVING CLASS AND DERIVATIVE SETTLEMENTS AND GRANTING ATTORNEY FEES AND COSTS.

WALKER, District Judge.

On the basis of the report of Oracle’s special litigation committee, the settlement of these consolidated class and derivative actions can now be approved. This order explains the reasons for this approval and then addresses the fees and costs which derivative and class counsel should be awarded as a result of their efforts in this litigation.

I

Following the court’s order dated August 9, 1993, In re Oracle Securities Litig., 829 F.Supp. 1176 (N.D.Cal.1993) (“Oracle IV”), 1 Oracle…

2Cases cited24 opinions

  1. Mills v. Electric Auto-Lite Co.Supreme Court of the United States · 1970
  2. City of Burlington v. DagueSupreme Court of the United States · 1992
  3. Six (6) Mexican Workers v. Arizona Citrus Growers Bodine Produce Company, Inc. Robert Fletcher, D/B/A Fletcher FarmsCourt of Appeals for the Ninth Circuit · 1990
  4. Zapata Corp. v. MaldonadoSupreme Court of Delaware · 1981
  5. In Re Washington Public Power Supply System Securities Litigation. Class Chemical Bank, in Its Representative Capacity as Trustee for Bondholders, and Bernstein, Litowitz, Berger & Grossman Milberg, Weiss, Bershad, Specthrie & Lerach Molloy, Jones & Donahue, P.C. v. City of Seattle Oregon Public Entities, Benton Rural Electric Association, Washington Washington Public Power Supply System R.W. Beck and Associates Ebasco Services Incorporated United Engineers & Constructors, Inc. Director Participants' Committee Public Utility District No. 1, of Klickitat County United States of America, on Behalf of Itself and Its Agency, the Bonneville Power Administration State of Washington Bonneville Power Administration, Class and Lawrence Laub v. Continental Assurance Company v. City of Seattle Oregon Public Entities, Benton Rural Electric Association, Washington Washington Public Power Supply System R.W. Beck and Associates Ebasco Services Incorporated United Engineers & Constructors, Inc. Director Participants' Committee Public Utility District No. 1, of Klickitat County United States of America, on Behalf of Itself and Its Agency, the Bonneville Power Administration State of Washington Bonneville Power Administration, Class and Continental Assurance Company v. Berger & Montague, P.A. v. City of Seattle Oregon Public Entities, Benton Rural Electric Association, Washington Washington Public Power Supply System R.W. Beck and Associates Ebasco Services Incorporated United Engineers & Constructors, Inc. Director Participants' Committee Public Utility District No. 1, of Klickitat County United States of America, on Behalf of Itself and Its Agency, the Bonneville Power Administration State of Washington Bonneville Power AdministrationCourt of Appeals for the Ninth Circuit · 1994

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3Cited by24 opinions

  1. In the Matter Of: Synthroid Marketing LitigationCourt of Appeals for the Seventh Circuit · 2001
  2. Weissman v. Quail Lodge Inc.Court of Appeals for the Ninth Circuit · 1999
  3. Einhorn v. CuleaWisconsin Supreme Court · 2000
  4. Goldenberg v. Marriott PLP Corp.District Court, D. Maryland · 1998
  5. In re Auction Houses Antitrust LitigationDistrict Court, S.D. New York · 2000

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