Union Asset Management Holding A.G. v. Dell, Inc.

PATRICK E. HIGGINBOTHAM, Circuit Judge:

The district court certified a class and approved a class-action settlement. Two groups of objectors to the settlement now appeal, claiming numerous deficiencies in the proceedings below. Reviewing for abuse of discretion, we find appellants’ claims lack merit. We affirm. 1

I

Plaintiffs, Union Management Holding A.G. (“Union”) and other owners of Dell Inc. common stock, alleged that defendants, Dell and its officers (“Dell”), violated the Securities Exchange Act between May 2002 and September 2006 by fraudulently inflating reported revenues, engaging in…