IN RE BEAR STEARNS COMPANIES, INC.

No. 08 MDL 1963.

909 F.Supp.2d 259 (2012)

In re BEAR STEARNS COMPANIES, INC. SECURITIES, DERIVATIVE, AND ERISA LITIGATION. This Document Relates To 08 Civ. 2793.

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

November 9, 2012.


Attorney(s) appearing for the Case

Patrick T. Egan, Esq. , John H. Sutter, Esq. , Berman DeValerio , Boston, MA, Joseph J. Tabacco, Jr., Esq. , San Francisco, CA, Thomas A. Dubbs, Esq. , James W. Johnson, Esq. , Craig A. Martin, Esq. , Labaton Sucharow LLP, New York, NY, Co-Lead Counsel and Attorneys for Lead Plaintiff State of Michigan Retirement Systems and the Proposed Class.

Eric S. Goldstein, Esq. , Brad S. Carp, Esq. , Daniel J. Toal, Esq. , Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, Attorneys for Defendant The Bear Stearns Companies Inc.

Thomas G. Rafferty, Esq. , Antony L. Ryan, Esq. , Cravath, Swaine & Moore LLP, New York, NY, Attorneys for Defendant Deloitte & Touche LLP.

David S. Frankel, Esq. , Kramer Levin Naftalis & Frankel LLP, New York, NY, Attorneys for Defendant James E. Cayne.

Jay B. Kasner, Esq. , Susan Saltzstein, Esq. , Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY, Constance M. Ewing, Esq. , David G. Russel, Esq. , Parker, Hudson, Rainer & Dobbs LLP, Atlanta, GA, Attorneys for Defendant Alan D. Schwartz.

Pamela R. Chepiga, Esq. , Allie Cheatham, Esq. , Allen & Overy LLP, New York, NY, Attorneys for Defendant Samuel L. Molinaro, Jr.

Alan R. Glickman, Esq. , Christopher H. Giampapa, Esq. , Gary Stein, Esq. , Schulte Roth & Zabel LLP, New York, NY, Attorneys for Defendant Alan C. Greenberg.

David B. Anders, Esq. , Meredith L. Turner, Esq. , Wachtell, Lipton, Rosen & Katz, New York, NY, Attorneys for Defendant Warren J. Spector.

Jeffrey P. Wade, Esq. , Schulte Roth & Zabel LLP, Scott D. Corrigan, Esq. , Wiggin & Dana LLP, New York, NY, Attorneys for Defendant Michael Alix.

Michael R. Young, Esq. , Antonio Yanez, Jr., Esq. , Willkie Farr & Gallagher LLP, New York, NY, Attorneys for Defendant Jeffrey M. Farber.


OPINION

SWEET, District Judge.

Lead plaintiff The State of Michigan Retirement Systems has moved for orders (i) granting final approval of the proposed settlement ("Settlement") with the Bear Stearns Defendants1 and defendant Deloitte & Touche LLP ("Deloitte" and, collectively with the Beam Stearns Defendants, the "Defendants"); (ii) granting certification of the proposed settlement class ("Settlement Class")

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