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SEIDMAN v. AMERICAN MOBILE SYSTEMS

Civil Action No. 92-1782.

965 F.Supp. 612 (1997)

Frank SEIDMAN and Kathleen Seidman, individually and on behalf of all those similarly situated, Plaintiffs, v. AMERICAN MOBILE SYSTEMS, et al., Defendants.

United States District Court, E.D. Pennsylvania.

Order Correcting Decision and Denying Reconsideration April 3, 1997.

Attorney(s) appearing for the Case

Lindsey B. Slaughter, Kohn, Savett, Klein & Graf, P.C., David H. Weinstein, Robert S. Kitchenoff, Paul J. Scarlato, Weinstein, Kitchenoff, Scarlato & Goldman, Ltd., Philadelphia, PA, Scott H. Mustin, Krekstein, Wolfson, Mustin 7, White, LLC, Philadelphia, PA, for plaintiffs.

Rona J. Rosen, Klehr, Harrison, Harvey, Branzburg & Ellers, Michael N. Feder, David L. Braverman, Fellheimer Eichen & Braverman, P.C., Philadelphia, PA, for American Mobile Systems, Inc.

Walter M. Einhorn, Jr., Geoffrey A. Kahn, Alan J. Davis, Ballard, Spahr, Andrews and Ingersoll, Philadelphia, PA, for Deloitte & Touche.

MEMORANDUM

EDUARDO C. ROBRENO, District Judge.

Plaintiffs in this securities class action have moved the Court for a final judgment and order under Rule 54(b) of the Federal Rules of Civil Procedure, final approval of two settlements with a total value of $1,125,000, $375,000 in attorneys' fees representing 33.3% of the common fund, $204,316.26 in out-of-pocket expenses, and $5000 in a class representative fee. For the reasons that follow, the Court will...

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