In re Wells Fargo Securities Litigation
District Court, N.D. California
1Opinion of the Court
ORDER DESIGNATING CLASS COUNSEL.
WALKER, District Judge.
On June 30, 1994, the court issued an order soliciting bids from all law firms interested in being designated class counsel in this securities action brought on behalf of purchasers of Wells Fargo common stock. In response, three firms have submitted proposals: Lieff, Cabraser & Heimann; Milberg Weiss Bershad Hynes & Lerach; and Lowey Dannenberg Bemporad & Selinger.
In selecting amongst the three bids, the court’s fiduciary obligation to the plaintiff class compels it to secure the best representation possible. To do so, the court must…
2Cases cited8 opinions
- Goldman v. BeldenCourt of Appeals for the Second Circuit · 1985
- Continental Illinois Securities Litigation v. Continental Illinois CorporationCourt of Appeals for the Seventh Circuit · 1992
- In re Oracle Securities LitigationDistrict Court, N.D. California · 1990
- In Re Oracle Securities LitigationDistrict Court, N.D. California · 1994
- Goldman v. BeldenDistrict Court, W.D. New York · 1984
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3Cited by19 opinions
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- 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
- In the Matter Of: Synthroid Marketing LitigationCourt of Appeals for the Seventh Circuit · 2001
- In re Baan Co. Securities LitigationDistrict Court, District of Columbia · 1999
- Gunter v. Ridgewood Energy Corp.Court of Appeals for the Third Circuit · 2000
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