IN RE PETROBRAS SECURITIES LITIGATION

14-cv-9662 (JSR).

320 F.Supp.3d 597 (2018)

IN RE: PETROBRAS SECURITIES LITIGATION.

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

Signed August 14, 2018.

Editors Note
Applicable Law: 28 U.S.C. § 1331
Cause: 28 U.S.C. § 1331 Fed. Question
Nature of Suit: 850 Securities / Commodities
Source: PACER


Attorney(s) appearing for the Case

Universities Superannuation Scheme Limited, Lead Plaintiff, represented by Emma Gilmore , Pomerantz LLP, Jeremy Alan Lieberman , Pomerantz LLP, Marc Ian Gross , Pomerantz LLP, Adam G. Kurtz , Pomerantz LLP, Brenda F. Szydlo , Pomerantz LLP, Jennifer Pafiti , Pomerantz LLP, pro hac vice, Jennifer Banner Sobers , Pomerantz LLP, John Anthony Kehoe , Pomerantz LLP, Justin Solomon Nematzadeh , Pomerantz LLP, Marc Christian Gorrie , Pomerantz LLP, Patrick Vincent Dahlstrom , Pomerantz LLP & Susan Jessica Weiswasser , Pomerantz LLP.

Peter Kaltman, individually and on behalf of all others similarly situated, Plaintiff, represented by Chet Barry Waldman , Wolf Popper LLP, Fei-Lu Qian , Wolf Popper LLP, Lester L. Levy, Sr. , Wolf Popper LLP & Robert Craig Finkel , Wolf Popper LLP.

Union Asset Management Holding AG, Plaintiff, represented by Christopher F. Moriarty , Motley Rice LLC, pro hac vice, William H. Narwold , Motley Rice LLC & Jeremy Alan Lieberman , Pomerantz LLP.

Employees' Retirement System of the State of Hawaii, Plaintiff, represented by David J. Goldsmith , Labaton Sucharow, LLP, John Julian Esmay , Labaton & Sucharow LLP, Michael Howard Rogers , Labaton & Sucharow LLP & Jeremy Alan Lieberman , Pomerantz LLP.

North Carolina Department of State Treasurer, Plaintiff, represented by Brenda F. Szydlo , Pomerantz LLP, Justin Solomon Nematzadeh , Pomerantz LLP, Susan Jessica Weiswasser , Pomerantz LLP & Jeremy Alan Lieberman , Pomerantz LLP.

Aura Capital Ltd., Plaintiff, represented by Bruce Whitney Dona , Kahn Swick & Foti, LLC, Kim Elaine Miller , Kahn Swick & Foti, LLC & Lewis Stephen Kahn , Kahn Swick & Foti, LLC.

Dimensional Emerging Markets Value Fund, Plaintiff, pro se.

DFA Investment Dimensions Group Inc. on behalf of its series Emerging Markets Core Equity Portfolio, Plaintiff, pro se.

Emerging Markets Social Core Equity Portfolio and T.A. World ex U.S. Core Equity Portfolio, Plaintiff, pro se.

DFA Investment Trust Company on behalf of its series The Emerging Markets Series, Plaintiff, pro se.

DFA Australia Limited solely in its capacity as responsible entity for the Dimensional Emerging Markets Trust, Plaintiff, pro se.

DFA International Core Equity Fund and DFA International Vector Equity Fund by Dimensional Fund Advisors Canada ULC solely in its capacity as Trustee, Plaintiff, pro se.

Dimensional Funds plc on behalf of its sub-fund Emerging Markets Value Fund, Plaintiff, pro se.

Dimensional Funds ICVC on behalf of its sub-fund Emerging Markets Core Equity Fund, Plaintiff, pro se.

SKAGEN AS, Plaintiff, pro se.

Danske Invest Management A/S, Plaintiff, pro se.

Danske Invest Management Company, Plaintiff, pro se.

New York City Employees' Retirement System, Plaintiff, pro se.

New York City Police Pension Fund, Plaintiff, pro se.

Board of Education Retirement System of the City of New York, Plaintiff, pro se.

Teachers' Retirement System of the City of New York, Plaintiff, pro se.

New York City Fire Department Pension Fund;, Plaintiff, pro se.

New York City Deferred Compensation Plan, Plaintiff, pro se.

Forsta AP-Fonden, Plaintiff, pro se.

Transamerica Income Shares, Inc., Plaintiff, pro se.

Transamerica Funds, Plaintiff, pro se.

Transamerica Series Trust, Plaintiff, pro se.

John Hancock Variable Insurance Trust, Plaintiff, pro se.

John Hancock Funds II, Plaintiff, pro se.

John Hancock Sovereign Bond Fund, Plaintiff, pro se.

John Hancock Bond Trust, Plaintiff, pro se.

John Hancock Strategic Series, Plaintiff, pro se.

John Hancock Investment Trust, Plaintiff, pro se.

JHF Income Securities Trust, Plaintiff, pro se.

JHF Investors Trust, Plaintiff, pro se.

JHF Hedged Equity & Income Fund, Plaintiff, pro se.

Aberdeen Emerging Markets Fund, Aberdeen Global Equity Fund, Plaintiff, pro se.

Aberdeen Global Natural Resources Fund, Plaintiff, pro se.

Aberdeen International Equity Fund, each a series of Aberdeen Funds; Aberdeen Canada Emerging Markets Fund, Plaintiff, pro se.

Aberdeen Canada Socially Responsible Global Fund, Plaintiff, pro se.

Aberdeen Canada Socially Responsible International Fund, Plaintiff, pro se.

Aberdeen Canada Funds EAFE Plus Equity Fund and Aberdeen Canada Funds Global Equity Fund, each a series of Aberdeen Canada Funds, Plaintiff, pro se.

Aberdeen EAFE Plus Ethical Fund, Aberdeen EAFE Plus Fund, Aberdeen EAFE Plus SRI Fund, Aberdeen Emerging Markets Equity Fund, and Aberdeen Global Equity Fund, each a series of Aberdeen Institutional C, Plaintiff, pro se.

Aberdeen Fully Hedged International Equities Fund, Plaintiff, pro se.

Aberdeen International Equity Fund, Plaintiff, pro se.

Aberdeen Global Emerging Markets Equity Fund, Plaintiff, pro se.

Aberdeen Global Ethical World Equity Fund; Aberdeen Global Responsible World Equity Fund, Plaintiff, pro se.

Aberdeen Global World Equity Dividend Fund; Aberdeen Global World Equity Fund, Plaintiff, pro se.

Aberdeen Global World Resources Equity Fund, Aberdeen Emerging Markets Equity Fund, Aberdeen Ethical World Equity Fund, Aberdeen Multi-Asset Fund, Aberdeen World Equity Fund, Aberdeen World Equity In, Plaintiff, pro se.

Aberdeen Latin America Equity Fund, Inc., Plaintiff, pro se.

AAAID Equity Portfolio, Plaintiff, pro se.

Alberta Teachers Retirement Fund, Plaintiff, pro se.

Aon Hewitt Investment Consulting, Inc., Plaintiff, pro se.

Aurion International Daily Equity Fund, Plaintiff, pro se.

Bell Aliant Regional Communications Inc., Plaintiff, pro se.

City of Albany Pension Plan, Plaintiff, pro se.

Desjardins Dividend Income Fund, Plaintiff, pro se.

Desjardins Emerging Markets Fund, Plaintiff, pro se.

Desjardins Global All Capital Equity Fund, Plaintiff, pro se.

Desjardins Overseas Equity Value Fund, Plaintiff, pro se.

Devon County Council Global Emerging Market Fund, Plaintiff, pro se.

Devon County Council Global Equity Fund, Plaintiff, pro se.

DGIA Emerging Markets Equity Fund L.P., Plaintiff, pro se.

Erie Insurance Exchange, Plaintiff, pro se.

First Trust / Aberdeen Emerging Opportunity Fund, Plaintiff, pro se.

GE UK Pension Common Investment Fund, Plaintiff, pro se.

Hampshire County Council Global Equity Portfolio, Plaintiff, pro se.

London Borough of Hounslow Superannuation Fund, Plaintiff, pro se.

Mackenzie Universal Sustainable Opportunities Class, Plaintiff, pro se.

Marshfield Clinic; Mother Theresa Care and Mission Trust, Plaintiff, pro se.

MTR Corporation Limited Retirement Scheme, Plaintiff, pro se.

Myria Asset Management Emergence M, Plaintiff, pro se.

National Pension Service; and NPS Trust Active 14, Plaintiff, pro se.

Ohio Public Employees Retirement System, Plaintiff, represented by Joshua H. Saltzman , Kaplan Fox & Kilsheimer LLP.

Washington State Investment Board, Plaintiff, pro se.

Aberdeen Latin American Income Fund Limited, Plaintiff, pro se.

Aberdeen Global ex Japan Pension Fund ppit, Plaintiff, pro se.

FS International Equity Mother Fund, Plaintiff, pro se.

NN Investment Partners B.V., acting in the capacity of management, Plaintiff, pro se.

NN Investment Partners B.V., acting in the capacity of management company of the mutual fund NN Global Equity Fund, Plaintiff, pro se.

NN Investment Partners B.V., acting in the capacity of management company of the mutual fund NN Hoog Dividend Aandelen Fonds, Plaintiff, pro se.

NN Investment Partners B.V., acting in the capacity of management company of the mutual fund NN Institutioneel Dividend Aandelen Fonds, Plaintiff, pro se.

NN Investment Partners Luxembourg S.A., acting in the capacity of management company SICAV and its Sub-Funds, and NN (L) SICAV, for and on behalf of NN (L) Emerging Markets High Dividend, NN (L) First, Plaintiff, pro se.

Aura Capital Limited, Plaintiff, pro se.

WGI Emerging Markets Fund, LLC, Plaintiff, represented by John Benjamin Bireley , Gibbs & Bruns L.L.P., Scott A. Humphries , Gibbs & Bruns L.L.P. & Kenneth E. Warner , Warner Partners, P.C.

Bill and Melinda Gates Foundation Trust, Plaintiff, represented by Scott A. Humphries , Gibbs & Bruns L.L.P.

Board of Regents of the University of Texas System, Plaintiff, pro se.

Trustees of the Estate of Bernice Pauahi Bishop d/b/a Kamehameha Schools, Plaintiff, pro se.

Louis Kennedy, Individually and on behalf of all others similarly situated, Consolidated Plaintiff, represented by Brian Philip Murray , Glancy Prongay & Murray LLP, Casey Edwards Sadler , Glancy Binkow & Goldberg LLP, Lionel Z. Glancy , Glancy & Binkow Goldberg LLP, pro hac vice, Michael Goldberg , Glancy Binkow & Goldberg, LLP, pro hac vice, Robert Vincent Prongay , Glancy Prongay & Murray LLP, pro hac vice & Gregory Bradley Linkh , Glancy Binkow & Goldberg LLP.

Ken Ngo, Individually and On Behalf of all others Similarly Situated, Consolidated Plaintiff, represented by Erica Lauren Stone , The Rosen Law Firm, P.A. & Laurence Matthew Rosen , The Rosen Law Firm, P.A.

Jonathan Messing, Individually and on behalf of all others similarly situated, Consolidated Plaintiff, represented by Francis Paul McConville , Pomerantz LLP & Jeremy Alan Lieberman , Pomerantz LLP.

Mathis B. Bishop, Appellant, pro se.

Catherine O. Bishop, Appellant, pro se.

Richard Gielata, Appellant, pro se.

Joseph Gielata, Appellant, pro se.

Emelina Gielata, Appellant, pro se.

Petrobras Plaintiff Group, Movant, represented by Jason Robert D'Agnenica , Stull Stull & Brody & William Thomas , Cleary Gottlieb Steen & Hamilton LLP.

Union Asset Management Holding AG & Handelsbanken Fonder AB, Movants, represented by Rebecca M. Katz , Motley Rice LLC.

Plinio Kawakubo, Movant, represented by Phillip C. Kim , The Rosen Law Firm P.A.

Mossey Investments Ltd. & Mr. Jacob Licht, Movants, represented by Robert Craig Finkel , Wolf Popper LLP.

Costa and Silva, Movant, represented by Adam M. Apton , Levi & Korsinsky LLP & Nicholas Ian Porritt , Levi & Korsinsky LLP.

Ohio Public Employees Retirement, Movant, represented by Donald R. Hall, Jr. , Kaplan Fox & Kilsheimer LLP, Frederic Scott Fox, Sr. , Kaplan Fox & Kilsheimer LLP, Hae Sung Nam , Kaplan Fox & Kilsheimer LLP & Robert N. Kaplan , Kaplan Fox & Kilsheimer LLP.

Public Employee Retirement System of Idaho & Employees Retirement System of the State of Hawaii, Movants, represented by Christopher J. Keller , Labaton Sucharow, LLP, Eric James Belfi , Labaton Sucharow, LLP, Frederic Scott Fox, Sr. , Kaplan Fox & Kilsheimer LLP, Michael Walter Stocker , Labaton & Sucharow LLP & Thomas A. Dubbs , Labaton Sucharow, LLP.

SKAGEN AS, Danske Invest Management A/S & Danske Invest Management Company, Movants, represented by Darren J. Check , Kessler Topaz Meltzer & Check, LLP, Gregory M. Castaldo , Kessler Topaz Meltzer & Check, LLP, Katherine Mccracken Sinderson , Bernstein Litowitz Berger & Grossmann LLP, Max Wallace Berger , Bernstein Litowitz Berger & Grossmann LLP, Michael Dains Blatchley , Bernstein Litowitz Berger & Grossmann LLP, Naumon A. Amjed , Kessler Topaz Meltzer and Check LLP & Salvatore Jo Graziano , Bernstein Litowitz Berger & Grossmann LLP.

Jose Sergio Gabrielli, Defendant, represented by Roger Allen Cooper , Cleary Gottlieb, Edward M. Spiro , Morvillo, Abramowitz, Grand, Iason, & Anello P.C., Elizabeth Vicens , Cleary Gottlieb, Elkan Abramowitz , Morvillo, Abramowitz, Grand, Iason, & Anello P.C. & Jasmine Marie Juteau , Morvillo, Abramowitz, Grand, Iason, & Anello P.C.

BB Securities Ltd., Defendant, represented by Albert L. Hogan, III , Skadden, Arps, Slate, Meagher & Flom, LLP, Jeremy A. Berman , Skadden, Arps, Slate, Meagher & Flom LLP & Michael Scott Bailey , Skadden, Arps, Slate, Meagher & Flom LLP.

Theodore Marshall Helms, Defendant, represented by Andrew Edward Goldsmith , Kellogg, Hansen, Todd, Figel & Frederick PLLC, Elizabeth Vicens , Cleary Gottlieb, Erica Klipper , Cleary Gottlieb Steen & Hamilton LLP, Jared Mitchell Gerber , Cleary Gottlieb, Lewis J. Liman , Cleary Gottlieb & Luke Ashe Barefoot , Cleary Gottlieb.

Petrobras Global Finance, B.V., Defendant, represented by Alexis L. Collins , Cleary Gottlieb Steen & Hamilton LLP, Andrew Edward Goldsmith , Kellogg, Hansen, Todd, Figel & Frederick PLLC, Andrew Chun-Yang Shen , Kellogg, Hansen, Todd, Figel & Frederick PLLC, David L. Schwarz , Kellogg, Hansen, Todd, Figel & Frederick PLLC, pro hac vice, Elizabeth Vicens , Cleary Gottlieb, Erica Klipper , Cleary Gottlieb Steen & Hamilton LLP, Jared Mitchell Gerber , Cleary Gottlieb, Joseph Solomon Hall , Kellogg, Hansen, Todd, Figel & Frederick PLLC, Joshua D. Branson , Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C., pro hac vice, Kevin J. Miller , Kellogg, Hansen, Todd, Figel & Frederick PLLC, pro hac vice, Lewis J. Liman , Cleary Gottlieb, Luke Ashe Barefoot , Cleary Gottlieb, Rebecca A. Beynon , Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C., pro hac vice, Reid Mason Figel , Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C., pro hac vice, William Evans , Cleary Gottlieb Steen & Hamilton LLP & William Thomas , Cleary Gottlieb Steen & Hamilton LLP.

Petrobras America Inc., Defendant, represented by Lewis J. Liman , Cleary Gottlieb, Alexis L. Collins , Cleary Gottlieb Steen & Hamilton LLP, Andrew Edward Goldsmith , Kellogg, Hansen, Todd, Figel & Frederick PLLC, Andrew Chun-Yang Shen , Kellogg, Hansen, Todd, Figel & Frederick PLLC, David L. Schwarz , Kellogg, Hansen, Todd, Figel & Frederick PLLC, pro hac vice, Elizabeth Vicens , Cleary Gottlieb, Jared Mitchell Gerber , Cleary Gottlieb, Joseph Solomon Hall , Kellogg, Hansen, Todd, Figel & Frederick PLLC, Joshua D. Branson , Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C., pro hac vice, Kevin J. Miller , Kellogg, Hansen, Todd, Figel & Frederick PLLC, pro hac vice, Luke Ashe Barefoot , Cleary Gottlieb, Rebecca A. Beynon , Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C., pro hac vice, Reid Mason Figel , Kellogg, Huber, Hansen, Todd, Evans & Figel, P.L.L.C., pro hac vice, Roger Allen Cooper , Cleary Gottlieb, William Evans , Cleary Gottlieb Steen & Hamilton LLP & William Thomas , Cleary Gottlieb Steen & Hamilton LLP.

Jose Carlos Cosenza, Guillherme de Oliveira Estrella & Jose Miranda Formigli Filho, Defendants, represented by Lewis J. Liman , Cleary Gottlieb, Roger Allen Cooper , Cleary Gottlieb & Elizabeth Vicens , Cleary Gottlieb.

Petrobras Global Finance B.V. & Theodore Marshall Helms, Consolidated Defendants, represented by Roger Allen Cooper , Cleary Gottlieb.

Maria Das Gracas Silva Foster, Consolidated Defendant, represented by Richard Mark Strassberg , Goodwin Procter, LLP, Roger Allen Cooper , Cleary Gottlieb, Daniel Prugh Roeser , Goodwin Procter, LLP, Elizabeth Vicens , Cleary Gottlieb, John Owen Farley , Goodwin Procter, LLP & William Breslin Brady , Goodwin Procter, LLP.

Almir Guilherme Barbassa, Consolidated Defendant, represented by Lewis J. Liman , Cleary Gottlieb, Roger Allen Cooper , Cleary Gottlieb & Elizabeth Vicens , Cleary Gottlieb.

Daniel Lima De Oliveira, Jose Raimundo Branda Pereira, Servio Tulio Da Rosa Tinoco, Paulo Jose Alves, Gustavo Tardin Barbosa & Marcos Antonio Zacarias, Consolidated Defendants, represented by Elizabeth Vicens , Cleary Gottlieb & Roger Allen Cooper , Cleary Gottlieb.

BB Securities Ltd., Consolidated Defendant, represented by Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP, Scott D. Musoff , Skadden, Arps, Slate, Meagher & Flom LLP, Amy L. Van Gelder , Skadden, Arps, Slate, Meagher & Flom LLP, David Emmett Carney , Skadden, Arps, Slate, Meagher & Flom LLP, pro hac vice, Jennifer Lynn Spaziano , Skadden, Arps, Slate, Meagher & Flom LLP, Peter Simshauser , Skadden, Arps, Slate, Meagher & Flom LLP & William John O'Brien, III , Skadden, Arps, Slate, Meagher & Flom LLP.

ITAU BBA USA Securities, Inc., Mitsubishi UFJ Securities (USA), Inc., Merril Lynch, Pierce, Fenner & Smith Incorporated, Standard Chartered Bank, Bank of China (Hong Kong) Limited, Banco Bradesco BBI S.A., Banca IMI S.P.A. & Scotia Capital (USA) Inc., Consolidated Defendants, represented by Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP, Scott D. Musoff , Skadden, Arps, Slate, Meagher & Flom LLP, Albert L. Hogan, III , Skadden, Arps, Slate, Meagher & Flom, LLP, Amy L. Van Gelder , Skadden, Arps, Slate, Meagher & Flom LLP, David Emmett Carney , Skadden, Arps, Slate, Meagher & Flom LLP, pro hac vice, Jennifer Lynn Spaziano , Skadden, Arps, Slate, Meagher & Flom LLP, Jeremy A. Berman , Skadden, Arps, Slate, Meagher & Flom LLP, Michael Scott Bailey , Skadden, Arps, Slate, Meagher & Flom LLP, Peter Simshauser , Skadden, Arps, Slate, Meagher & Flom LLP & William John O'Brien, III , Skadden, Arps, Slate, Meagher & Flom LLP.

Santander Investment Securities Inc., Consolidated Defendant, represented by Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP.

Banco Votorantin Nassau Branch, Consolidated Defendant, represented by Jay B. Kasner , Skadden, Arps, Slate, Meagher & Flom LLP & Scott D. Musoff , Skadden, Arps, Slate, Meagher & Flom LLP.

Anne Cochran, Objector, represented by John Jacob Pentz, III , Law Offices of John Pentz.

William Thomas Haynes as trustee for the benefit of W Thomas and Katherine Haynes Irrevocable Trust for the benefit of Sara L Haynes, Objector, represented by Anna St. John , Competitive Enterprise Institute, CCAF.

Spencer Bueno, Objector, represented by Joshua R. Furman , Joshua R. Furman Law Corp.

Bernstein Litowitz Berger & Grossmann LLP, Miscellaneous, represented by Salvatore Jo Graziano , Bernstein Litowitz Berger & Grossmann LLP.

Douglas J Michelson, All Plaintiffs, represented by Joshua N. Bleichman , Joshua N. Bleichman, Esq.


OPINION & ORDER

By Opinion and Order dated June 22, 2018, this Court granted final approval of the Settlement Agreement in the instant action and awarded attorneys' fees to Class Counsel. Dkt. 834. Now before the Court is the motion of objector William Thomas Haynes ("Objector") for an award of attorneys' fees...

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