Common use of Attorneys’ Fees and Expenses Sought Clause in Contracts

Attorneys’ Fees and Expenses Sought. Lead Counsel, which have been prosecuting the Action on a wholly contingent basis since its inception in 2016, have not received any payment of attorneys’ fees for their representation of the Settlement Class and have advanced the funds to pay expenses necessarily incurred to prosecute this Action. Court-appointed Lead Counsel, Xxxxxx Xxxxxxx & Xxxxxx LLP, will apply to the Court for an award of attorneys’ fees in an 3 Defendants Xxxxx and Xxxx are collectively referred to herein as the “Individual Defendants.” amount not to exceed 33% of the Settlement Fund. In addition, Lead Counsel will apply for reimbursement of Litigation Expenses paid or incurred in connection with the institution, prosecution and resolution of the claims against the Defendants, in an amount not to exceed $225,000, which may include an application for reimbursement of the reasonable costs and expenses (including lost wages) incurred by Lead Plaintiff directly related to his representation of the Settlement Class. Any fees and expenses awarded by the Court will be paid from the Settlement Fund. Settlement Class Members are not personally liable for any such fees or expenses. Estimates of the average cost per affected share of K12, if the Court approves Lead Counsel’s fee and expense application, is $0.06 per eligible share.

Appears in 2 contracts

Samples: Stipulation and Agreement of Settlement, Settlement Agreement

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Attorneys’ Fees and Expenses Sought. Lead Counsel, which have been prosecuting the Action on a wholly contingent basis since its inception in 2016inception, have not received any payment of attorneys’ fees for their representation of the Settlement Class and have advanced the funds to pay expenses necessarily incurred to prosecute this the Action. Court-appointed Lead Counsel, Xxxxxxxxx LLP and Xxxxxxxxx Litowitz Xxxxxx Xxxxxxx & Xxxxxx Xxxxxxxxx LLP, will apply to the Court for an award of attorneys’ fees for all Plaintiffs’ Counsel in an 3 Defendants Xxxxx and Xxxx are collectively referred to herein as the “Individual Defendants.” amount not to exceed 3330% of the Settlement Fund (in combination of cash and stock similar to their proportions of the Settlement Fund). In addition, Lead Counsel will apply for reimbursement of Litigation Expenses paid or incurred by Plaintiffs’ Counsel in connection with the institution, prosecution and resolution of the claims against the Defendants, in an amount not to exceed $225,000800,000, which may include an application for reimbursement of the reasonable costs and expenses (including lost wages) incurred by Lead Plaintiff Plaintiffs directly related to his their representation of the Settlement Class. Any fees and expenses awarded by the Court will be paid from the Settlement Fund. Settlement Class Members are not personally liable for any such fees or expenses. Estimates of the average cost per affected share of K12, if If the Court approves Lead Counsel’s fee and expense application, is the estimated average cost per affected share of Lumber Liquidators Common Stock will be approximately $0.06 per eligible share0.33 of Settlement Cash and 0.01 shares of Settlement Stock.

Appears in 1 contract

Samples: Settlement Agreement

Attorneys’ Fees and Expenses Sought. Lead Plaintiffs’ Counsel, which have been prosecuting the Action on a wholly contingent basis since its inception in 2016inception, have not received any payment of attorneys’ fees for their representation of the Settlement Class and have advanced the funds to pay expenses necessarily incurred to prosecute this Action. Court-appointed Lead Counsel, Xxxxxxxxx Litowitz Xxxxxx Xxxxxxx & Xxxxxx Xxxxxxxxx LLP and Xxxxxxxxx & Xxxxxxxx LLP, will apply to the Court for an award of attorneys’ fees for all Plaintiffs’ Counsel in an 3 Defendants Xxxxx and Xxxx are collectively referred to herein as the “Individual Defendants.” amount not to exceed 3325% of the Settlement Fund. In addition, Lead Counsel will apply for reimbursement of Litigation Expenses paid or incurred in connection with the institution, prosecution and resolution of the claims against the Defendants, in an amount not to exceed $225,0001.3 million, which may include an application for reimbursement of the reasonable costs and expenses (including lost wages) incurred by Lead Plaintiff Plaintiffs directly related to his their representation of the Settlement Class. Any fees and expenses awarded by the Court will be paid from the Settlement Fund. Settlement Class Members are not personally liable for any such fees or expenses. Estimates of the average cost per affected share of K12, if If the Court approves Lead Counsel’s fee and expense application, is $0.06 the estimated average cost per eligible shareshare of Dole common stock will be approximately $0.30.

Appears in 1 contract

Samples: Stipulation and Agreement of Settlement

Attorneys’ Fees and Expenses Sought. Co-Lead Counsel, which have been prosecuting the Action on a wholly contingent basis since its inception in 20162017, have not received any payment of attorneys’ fees for their representation of the Settlement Class and have advanced the funds to pay expenses necessarily incurred to prosecute this Action. Court-appointed Co-Lead Counsel, Xxxxxx Xxxxxxx & Xxxxxx LLP and Xxxxxxxxx LLP, will apply to the Court for an award of attorneys’ fees for all Co-Lead Counsel in an 3 Defendants Xxxxx and Xxxx are collectively referred to herein as the “Individual Defendants.” amount not to exceed 33% of the Settlement Fund. In addition, Co-Lead Counsel will apply for reimbursement of Litigation Expenses paid or incurred in connection with the institution, prosecution and resolution of the claims against the Defendants, in an amount not to exceed $225,00075,000, which may include an application and will apply for reimbursement of the reasonable costs and expenses (including lost wages) incurred by Lead Plaintiff Plaintiffs directly related to his their representation of the Settlement ClassClass in an amount not to exceed $10,000. Any fees and expenses awarded by the Court will be paid from the Settlement Fund. Settlement Class Members are not personally liable for any such fees or expenses. Estimates of the average cost per affected share of K12Rockwell Securities, if the Court approves Co-Lead Counsel’s fee and expense application, is $0.06 0.21 per share of eligible sharecommon stock.

Appears in 1 contract

Samples: Stipulation and Agreement of Settlement

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Attorneys’ Fees and Expenses Sought. Lead Counsel, which Plaintiffs’ Counsel have been prosecuting the Action on a wholly contingent basis since its inception in 2016, have not received any payment of attorneys’ fees for their representation of the Settlement Class Class, and have advanced the funds to pay expenses necessarily incurred to prosecute this Action. Court-appointed Lead Counsel, Xxxxxxxxx Xxxxxxxx Xxxxxx & Xxxxxxxxx LLP (“BLB&G”) and Xxxxxxx Topaz Xxxxxxx & Xxxxxx LLPCheck, LLP (“KTMC”), will apply to the Court for an award of attorneys’ fees fees, on behalf of Plaintiffs’ Counsel, in an 3 Defendants Xxxxx and Xxxx are collectively referred to herein as the “Individual Defendants.” amount not to exceed 3324% of the Settlement Fund. In addition, Lead Counsel will apply for reimbursement payment of Litigation Expenses paid or incurred in connection with the institution, prosecution prosecution, and resolution of the claims against the Defendants, Action in an amount not to exceed $225,0004,000,000, which amount may include an application for reimbursement of the reasonable costs and expenses (including lost wages) incurred by Lead Plaintiff Plaintiffs directly related to his their representation of the Settlement Class, pursuant to the Private Securities Litigation Reform Act of 1995 (“PSLRA”). Any fees and expenses awarded by the Court will be paid from the Settlement Fund. Settlement Class Members are not personally liable for any such fees or expenses. Estimates of the The estimated average cost per affected share of K12for such fees and expenses, if the Court approves Lead Counsel’s fee and expense application, is $0.06 0.09 per eligible shareaffected share of Allergan common stock and $0.21 per affected share of Allergan preferred stock.

Appears in 1 contract

Samples: Settlement Agreement

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