IN RE JOHNSON & JOHNSON DERIVATIVE LITIGATION

Civil Action Nos. 10-2033 (FLW), 11-4993(FLW), 11-2511(FLW).

900 F.Supp.2d 467 (2012)

In re JOHNSON & JOHNSON DERIVATIVE LITIGATION.

United States District Court, D. New Jersey.

October 26, 2012.


Attorney(s) appearing for the Case

Audra Elizabeth Petrolle , Donald A. Ecklund , James E. Cecchi , Carella, Byrne, Cecchi, Olstein, Brody & Agnello, P.C., Roseland, NJ, Lisa J. Rodriguez , Nicole M. Acchione , Trujillo Rodriguez & Richards, LLC, Haddonfield, NJ, James C. Shah , Shepherd, Finkelman, Miller & Shah, LLP, Collingswood, NJ, for Plaintiffs.

Edwin F. Chociey, Jr. , Riker, Danzig, Scherer, Hyland & Perretti LLP, Morristown, NJ, Donald A. Robinson , Leda Dunn Wettre , Keith J. Miller , Robinson, Wettre & Miller LLC, Newark, NJ, for Defendants.


OPINION

WOLFSON, District Judge:

Presently before the Court is a motion to approve the final settlement reached between Plaintiffs-shareholders and nominal Defendant J & J Corporation ("J & J") in several consolidated shareholder derivative actions, as well as motions to intervene and dismiss by an objector to the settlement. Through the settlement, J & J agrees to institute corporate governance changes and pay up to $10 million in attorney's...

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