ROTHFARB v. HAMBRECHT

Nos. C-82-1065 WHO, C-82-1091 WHO.

641 F.Supp. 71 (1986)

Bill ROTHFARB, on behalf of himself and all others similarly situated, Plaintiff, v. William R. HAMBRECHT, et al., Defendants. Arthur B. GAUSS, on behalf of himself and all others similarly situated, Plaintiff, v. MAGNUSON COMPUTER SYSTEMS, INC., et al., Defendants.

United States District Court, N.D. California.

January 13, 1986.


Attorney(s) appearing for the Case

William S. Lerach, Milberg Weiss Bershad Spechthrie & Lerach, San Diego, Cal., David B. Gold, San Francisco, Cal., for plaintiffs.

David L. Sandborg, Bronson, Bronson & McKinnon, San Francisco, Cal., Charles W. Boand, Wilson & McIlvaine, Chicago, Ill., for defendant Arthur Anderson & Co.

James F. Kirkham, Pillsbury, Madison & Sutro, San Francisco, Cal., for Blyth Eastman Paine Webber, Inc., Hambrecht and Quist.

Wilson, Sonsini, Goodrich & Rosati, Palo Alto, Cal., for Magnuson.

Nelson G. Dong, Blase, Valentine & Klein, Palo Alto, Cal., for Nelson Stone and Fairchild Camera.

Philip R. Rotner, McCutchen, Doyle, Brown & Enersen, San Francisco, Cal., for Deloitte Haskins and Sells.

Denis T. Rice, Jay M. Spears, Peter J. Busch, Howard, Rice, Nemerovski, Candy, Robertson & Falk, San Francisco, Cal., for Hambrecht and Cole.

Lawrence E. Nerheim, David J. Romanski, Steinhart & Falconer, San Francisco, Cal., for Paul H. Magnuson.

Beckford, Spanner & Kelly, Palo Alto, Cal., for Sam R. Goodman.


OPINION

ORRICK, District Judge.

In this multimillion dollar class action securities violation case, a settlement in the amount of $11,475,000 has been reached. In connection with the final approval and order settling the case, class counsel for the plaintiffs have submitted an application seeking attorneys' fees and costs in the amount of almost $4 million.

I

The above-entitled actions were brought on behalf of all persons, except the defendants...

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