Examples of Federal Derivative Plaintiffs in a sentence
Counsel” means all counsel who have appeared for the State Derivative Plaintiffs and Federal Derivative Plaintiffs.
SEELY 600 B Street, Suite 1900 San Diego, CA 92101 Telephone: (619) 525-3990 Facsimile: (619) 525-3991 Lead Counsel for State Derivative Plaintiffs and Federal Derivative Plaintiffs Dated: September 9, 2011 COOLEY LLP KOJI F.
The Federal Derivative Plaintiffs believe that the claims asserted in the Federal Derivative Action have merit.
Upon the Court’s entry of the Judgment, each of the Settling Defendants will release the Lead Federal Derivative Plaintiffs, each and all of the Current Broadcom Shareholders, Lead Federal Derivative Plaintiffs’ Counsel and all counsel for plaintiffs in the Federal Derivative Action from all claims arising out of, based upon or related to the institution, prosecution, assertion, settlement or resolution of the Federal Derivative Action and/or the Released Claims.
The Judgment and bar order, included in an exhibit to the Stipulation, will constitute the final discharge of all obligations to the Federal Derivative Plaintiffs, Broadcom shareholders and Broadcom of the Released Persons arising out of, based upon or related to the Federal Derivative Action, except for any discovery obligations the Released Persons may have.
Lead Federal Derivative Plaintiffs’ Counsel believe that the Settlement set forth in this Stipulation confers substantial benefits upon, and is in the best interests of, Broadcom, its shareholders, and the Federal Derivative Plaintiffs.
For approximately sixteen months, the Federal Derivative Plaintiffs, Broadcom, the Settling Defendants, and Broadcom’s directors and officers liability insurance carriers engaged in extensive negotiations regarding a potential settlement of the Federal Derivative Action.
The Federal Derivative Plaintiffs filed their Verified Amended Consolidated Shareholder Derivative Complaint on April 30, 2010, and the Federal Defendants filed motions to dismiss the Martinez/Hall Actions on May 28, 2010.
The Federal Derivative Plaintiffs are "Affected Entities", as defined by ¶9(iii) of the Notice Order.
Although the Federal Derivative Plaintiffs' case has been "dismissed," the dismissal was without prejudice, and they are entitled to reassert these claims if and when the automatic stay is lifted, pursuant to Judge Stein's November 22, 2010 Order.Despite being entitled to receive notice of the Amended Order, the Federal Derivative Plaintiffs received no such notice.