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IN RE HEALTH MANAGEMENT SYSTEMS, INC. SEC. LIT.

No. 97 Civ. 1865 RMB JCF.

113 F.Supp.2d 613 (2000)

In re HEALTH MANAGEMENT SYSTEMS, INC. SECURITIES LITIGATION

United States District Court, S.D. New York.

September 20, 2000.

Attorney(s) appearing for the Case

Neil Zola, Daniel Krasner, Michael Jaffe, Wolf, Holdstein, Adler, New York City, Ariana J. Tadler, Sharon Mirsky, Milberg Weiss, Bershar, Hynes & Lerach, LLP, New York City, David Kessler, Richard Schiffrin, Schiffrin & Barroway, LLP, Bala Cynwyd, PA, for plaintiffs.

I. Michael Bayda, Jacobs, Persinger & Parker, New York City, for defendant Laurence B. Simon.

Robert L. Sills, John Ertman, Reboul, MacMurray, Hewitt, Maynard & Kristol, New York City, for defendant Russel Carson Richard Stowe.

Brooks R. Burdette, Schulte, Roth & Zabel, LLP, New York City, for defendant John McIntyre.

Seth M. Schwartz, Skadden, Arps, Slate, Meagher & Flom, LLP, New York City, Howard J. Rhine, Bruce S. Coleman, Coleman, Rhine & Goodwin LLP, New York City, for defendant Health Management Systems.

ORDER

BERMAN, District Judge.

By Order and Final Judgment, dated August 14, 2000 ("Order"), the Court approved, among other things, the instant class action settlement and awarded Plaintiffs' counsel attorneys' fees ($900,000) equal to 20% of the Settlement Fund as well as reimbursement of expenses ($136,593.37) — for a total of $1,036,593.37. Plaintiffs' counsel now moves, pursuant to Rule 59(e) of the Federal Rules of Civil Procedure ("Fed...

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