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IN RE VALUEVISION INTERN. INC. SECURITIES LIT.

No. 94-CV-2838.

957 F.Supp. 699 (1997)

In re VALUEVISION INTERNATIONAL INC. SECURITIES LITIGATION. This Document Relates To: All Actions.

United States District Court, E.D. Pennsylvania.

March 25, 1997.

Attorney(s) appearing for the Case

Robert I. Harwood, Wechsler, Skirnick, Harwood, Halebian & Feffer, New York, NY, Mark S. Goldman, Jeffrey L. Kodroff, William J. Murray, Jr., Spector and Roseman, Philadelphia, PA, for Steven A. Kalodner.

Christopher K. Walters, Reed, Smith, Shaw & McClay, Philadelphia, PA, for Valuevision International, Inc.

Christopher K. Walters, Kenneth M. Kolaski, Reed Smith Shaw & McClay, Philadelphia, PA, Russell Hayman, Hugh Steven Wilson, Latham and Watkins, Los Angeles, CA, J. Patrick McDavitt, Briggs and Morgan, Minneapolis, MN, for Robert L. Johander.

MEMORANDUM

LOUIS H. POLLAK, District Judge.

At a hearing on March 19, 1997, I approved the settlement in this securities class action. I will not reiterate the reasons I gave at the hearing for approving the settlement, but write to explain my award of attorneys' fees in the Final Judgment and Order of Dismissal issued with this memorandum.

Plaintiffs have requested a fee award for class counsel of 30% of the gross settlement fund of $1,057...

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