Legal Opinion
In Re Cardinal Health Inc. Securities Litigations
District Court, S.D. Ohio
Decided December 31, 2007No. C2-04-575PublishedCited by 76 opinions
1Opinion of the Court
OPINION AND ORDER
ALGENON L. MARBLEY, District Judge.
I. INTRODUCTION
This matter is before the Court upon Lead Counsel’s request for attorneys’ fees arising out of a $600 million settlement between Cardinal Health, Inc. (“Cardinal” or the “Company”) and its shareholders. This is the largest securities class action settlement in the Sixth Circuit, and the attorneys request 24.167% of the settlement in fees, equalling $145 million.
Pursuant to Rule 23 of the Federal Rules of Civil Procedure, the Court conducted a fairness hearing, where the parties sought final approval of the $600 million…
2Cases cited30 opinions
- City of Detroit v. Grinnell Corporation, Manhattan-Ward, Incorporated v. Grinnell Corporation, 1225 Vine Street Building, Inc. v. Grinnell CorporationCourt of Appeals for the Second Circuit · 1974
- In Re: Cendant Corporation LitigationCourt of Appeals for the Third Circuit · 1992
- 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
- In Re Rite Aid Corporation Securities Litigation Class Member/objector Walter KaufmannCourt of Appeals for the Third Circuit · 2005
- Patricia Gunter Hubert Maehr Anna Bartosh, and All Persons Similarly Situated v. Ridgewood Energy Corporation Robert E. Swanson Gary L. Hall Hall-Houston Oil CompanyCourt of Appeals for the Third Circuit · 2000
25 more not listed; retrieve them via the Exa API.
3Cited by76 opinions
- Lonardo v. Travelers Indemnity Co.District Court, N.D. Ohio · 2010
- Beckman v. Keybank, N.A.District Court, S.D. New York · 2013
- In Re Enron Corp. SecuritiesDistrict Court, S.D. Texas · 2008
- Jones v. Dominion Resources Services, Inc.District Court, S.D. West Virginia · 2009
- In re Mills Corp. Securities LitigationDistrict Court, E.D. Virginia · 2009
71 more not listed; retrieve them via the Exa API.