Common use of CLAIMS OF PLAINTIFFS AND BENEFITS OF SETTLEMENT Clause in Contracts

CLAIMS OF PLAINTIFFS AND BENEFITS OF SETTLEMENT. Plaintiffs and Lead Counsel believe that the claims asserted in the Action have merit. However, Plaintiffs and Lead Counsel recognize and acknowledge the expense and length of continued proceedings necessary to prosecute the Action against the Defendants through trial. Plaintiffs and Lead Counsel also have taken into account the uncertain outcome, risk, and expense associated with Defendants’ motion for summary judgment, pretrial motions, expert discovery, and a jury trial, especially in complex matters such as this Action, as well as the risks posed by the difficulties and delays relating to post-trial motions and potential appeals. Plaintiffs and Lead Counsel also are aware of the defenses to the securities law violations asserted in the Action. Plaintiffs and Lead Counsel believe that the Settlement set forth in this Stipulation confers substantial benefits upon the Class in light of the circumstances present here. Based on their evaluation, Plaintiffs and Lead Counsel have determined that the Settlement set forth in this Stipulation is in the best interests of the Class.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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CLAIMS OF PLAINTIFFS AND BENEFITS OF SETTLEMENT. A. Plaintiffs and Lead Counsel believe that the claims asserted in the Action have merit. However, Plaintiffs and Lead Counsel recognize and acknowledge the expense and length of continued proceedings necessary to prosecute the Action against the Defendants through trial. Plaintiffs and Lead Counsel also have taken into account the uncertain outcome, risk, outcome and expense associated with Defendants’ motion for summary judgment, pretrial motions, expert discovery, and a jury the risk of trial, especially in complex matters such as this Action, as well as the risks posed by the difficulties and delays relating to post-trial motions motions, and potential appealsappeals of the Court’s determination of said motions, or the verdict of a jury. Plaintiffs and Lead Counsel also are aware of the defenses to the securities law violations claims asserted in the Action. Plaintiffs and Lead Counsel believe that the Settlement set forth in this Stipulation confers substantial benefits upon the Class in light of the circumstances present here. Based on their evaluation, Plaintiffs and Lead Counsel have determined that the Settlement set forth in this Stipulation is fair, reasonable, and adequate and in the best interests of the Class.

Appears in 2 contracts

Samples: Stipulated Settlement Agreement, Stipulated Settlement Agreement

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CLAIMS OF PLAINTIFFS AND BENEFITS OF SETTLEMENT. Plaintiffs and Lead Counsel believe that the claims asserted in the Action have merit. However, Plaintiffs and Lead Counsel recognize and acknowledge the expense and length of continued proceedings necessary to prosecute the Action against the Defendants through trial. Plaintiffs and Lead Counsel also have taken into account the uncertain outcome, risk, outcome and expense associated with Defendants’ motion for summary judgment, pretrial motions, expert discovery, and a jury the risk of trial, especially in complex matters such as this Action, as well as the risks posed by the difficulties and delays relating to post-trial motions motions, and potential appealsappeals of the Court’s determination of said motions, or the verdict of a jury. Plaintiffs and Lead Counsel also are aware of the defenses to the securities law violations asserted in the Action. Plaintiffs and Lead Counsel believe that the Settlement set forth in this Stipulation confers substantial benefits upon the Class in light of the circumstances present here. Based on their evaluation, Plaintiffs and Lead Counsel have determined that the Settlement set forth in this Stipulation is in the best interests of the Class.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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