Examples of Lead Plaintiffs in a sentence
Any balance that still remains in the Net Settlement Fund after re- distribution(s), which is not feasible or economical to reallocate, after payment of Notice and Administration Expenses, Taxes, and attorneys’ fees and expenses, shall be donated to a non- sectarian, not-for-profit charitable organization serving the public interest designated by Lead Plaintiffs and approved by the Court.
For the avoidance of doubt, Lead Plaintiffs shall not have the right to terminate the Settlement due to any decision, ruling, or order respecting the Fee and Expense Application or any plan of allocation.
Lead Plaintiffs and the Settlement Class are represented by Co-Lead Counsel, Xxxxx X.
Subject to Court approval, Lead Plaintiffs, on behalf of the Settlement Class, have agreed to settle the Action in exchange for a payment of $14,750,000 (the “Settlement Amount”) to be deposited into an interest-bearing Escrow Account (the “Settlement Fund”).
The Parties disagree about both liability and damages and do not agree on the damages that would be recoverable if Lead Plaintiffs were to prevail on each claim asserted against Defendants.