IN RE IBP, INC. SECURITIES LITIGATION

No. CIV. 01-4031.

328 F.Supp.2d 1056 (2004)

In re IBP, INC. SECURITIES LITIGATION (Relates to All Actions)

United States District Court, D. South Dakota, Southern Division.

February 24, 2004.


Attorney(s) appearing for the Case

Daniel Hume, Kirby, Mark A. Strauss, McInerney & Squire, New York, NY, Darren J. Robbins, Randall J. Baron, William S. Lerach, Lerach Coughlin Stoia & Robbins LLP, San Diego, CA, Douglas R. Britton, Joy Ann Bull, Milberg, Weiss, Bershad, Hynes & Lerach, LLP, San Diego, CA, Timothy J. Dougherty, Dougherty & Dougherty, Sioux Falls, SD, for WPG Merger Arbitrage Fund, L.P., WPG Arbitrage Overseas Fund, L.P., TFM Investment Group, Plaintiffs.

David F. Graham, James W. Ducayet, Sidley, Austin, Brown & Wood, Chicago, IL, William G. Taylor, Jr., Woods, Fuller, Shultz & Smith, PC, Sioux Falls, SD, for Iowa Beef Processors, Inc., Robert L. Peterson, Larry Shipley, Richard L. Bond, Foodbrands America, Inc., Diversified Food Group, L.L.C., R. Randolph Devening, William Brady, Defendants.

Daniel W. Smith, Jenner & Block, Chicago, IL, James E. McMahon, McMahon Law Office, P.C., Sioux Falls, SD, Thomas K. McQueen, Sonnenochein, Nath & Rosenthal, Chicago, IL, Thomas John Welk, Boyce Greenfield Pashby & Welk, LLP, Sioux Falls, Leigh D. Roadman, Martin, Brown & Sullivan, Royal B. Martin, Martin, Brown & Sullivan, Chicago, IL, William C. Garry, Cadwell, Sanford, Deibert & Garry, LLP, Sioux Falls, for Andrew J. Zahn, Philip Sexauer, Defendants.


MEMORANDUM OPINION AND ORDER

PIERSOL, Chief Judge.

Lead plaintiffs, a group consisting of WPG Merger Arbitrage Fund L.P., WPG Arbitrage Overseas Fund, L.P. and TFM Investment Group, ("Plaintiffs") on behalf of themselves and the preliminarily certified class, moves for final approval of the Stipulation of Settlement filed July 21, 2003 (Doc. 123) and plan of allocation of settlement proceeds, Doc. 135. A fairness hearing was held on December 8, 2003, in...

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