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IN RE OPTICAL DISK DRIVE ANTITRUST LITIGATION, 3:10-md-02143 RS. (2015)

Court: District Court, N.D. California Number: infdco20150303817 Visitors: 10
Filed: Mar. 02, 2015
Latest Update: Mar. 02, 2015
Summary: [PROPOSED] ORDER APPROVING THE NOTICE TO CLASS, APPROVING PROOF OF CLAIM FORM, SETTING A SCHEDULE FOR CLAIMS, AND SCHEDULING A HEARING FOR ATTORNEYS' FEES, COSTS, AND INCENTIVE AWARDS RICHARD SEEBORG , District Judge . Direct Purchaser Plaintiffs' ("Plaintiffs") Motion for Approval of the Notice to the Class, for Approval of the Proof of Claim Form, to Set a Schedule for Claims, and to Schedule a Hearing for Attorneys' Fees, Costs, and Incentive Awards was presented to and considered by
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[PROPOSED] ORDER APPROVING THE NOTICE TO CLASS, APPROVING PROOF OF CLAIM FORM, SETTING A SCHEDULE FOR CLAIMS, AND SCHEDULING A HEARING FOR ATTORNEYS' FEES, COSTS, AND INCENTIVE AWARDS

Direct Purchaser Plaintiffs' ("Plaintiffs") Motion for Approval of the Notice to the Class, for Approval of the Proof of Claim Form, to Set a Schedule for Claims, and to Schedule a Hearing for Attorneys' Fees, Costs, and Incentive Awards was presented to and considered by the Court. This Court retains jurisdiction over the class action settlements for matters relating to "implementation of this settlement and any distribution to Class Members pursuant to further orders of this Court." See, e.g., Final Judgment of Dismissal with Prejudice as to Defendant NEC Corporation, ¶ 10 (August 14, 2014) (Dkt.1390).

The proposed notice ("Notice") regarding allocation of the settlements totaling $37,750,000 ("Settlement Fund") and the proposed proof of claim form ("Claim Form"), attached hereto as Exhibit A, are appropriate. Class Counsel shall file their motion for attorneys' fees, costs, and incentive awards within fourteen (14) days from entry of this Order. Within twenty-one (21) days of entry of this Order, Gilardi & Co. LLC ("Claims Administrator") will disseminate the Notice and the Claim Form to those members of the classes who can reasonably be contacted through electronic or direct mail. The Notice, in substantially similar form, shall also be published within twenty-one (21) days of the entry of this Order in the Wall Street Journal. Comments or objections to Class Counsel's motion for attorneys' fees, costs, and incentive awards shall be made within forty-two (42) days from the entry of Order. Class Counsel may file a reply in support of their motion for attorneys' fees, costs, and incentive awards within fifty-two (52) days of entry of Order. A hearing will be held on Class Counsel's motion for attorneys' fees, costs, and incentive awards sixty-six (66) days from entry of this Order. Class members shall have ninety (90) days from mailing of the Notice to complete the Claim Form and submit it to the Claims Administrator. In order to provide certainty, the last date for class members to submit their Claim Form to the Claims Administrator shall be June 22 (111 days from entry of this Order), 2015.

Upon completion of submission of all Claim Forms within the period set by the Court, the Claims Administrator will analyze and verify the claim submissions and follow up with claimants to resolve any discrepancies. At that time, final distribution amounts will be determined and Plaintiffs will submit to the Court a proposed order approving distribution of the Net Settlement Fund1 to class members.

All valid claims will be distributed in accordance with the plan of allocation that this Court has previously approved, i.e., a pro rata distribution to claimants based on direct purchases of ODDs and ODD Devices from the named defendants, as described in the orders granting final approval of the settlements and approving the plan of distribution.

Class Counsel shall file their Motion for an Award of Attorneys' Fees, Reimbursement of Expenses, and Class Representative Incentive Awards within fourteen (14) days from the entry of this Order. A hearing on Plaintiffs' Motion for an Award of Attorneys' Fees, Reimbursement of Expenses, and Class Representative Incentive Awards is set for May 14 (66 days from entry of Order), 2015 at 1:30pm in Courtroom 3. In addition, any class member wishing to comment or object to Plaintiffs' Motion for an Award of Attorneys' Fees, Reimbursement of Expenses, and Class Representative Incentive Awards may do so by filing with the Court any comments or objections on or before April 13 (42 days from entry of Order), 2015. Plaintiffs may file a reply in support of their Motion for an Award of Attorneys' Fees, Reimbursement of Expenses, and Class Representative Incentive Awards by April 23 (52 days from entry of Order), 2015.

The Court retains exclusive jurisdiction over this action to consider all further matters arising out of or connected with the disbursement of the Settlement Funds.

IT IS SO ORDERED.

EXHIBIT A

UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA

If You Directly Bought An Optical Disk Drive Or An Optical Disk Drive Device, A Class Action Settlement May Affect You.

Optical Disk Drive Devices include devices incorporating Optical Disk Drives such as desktop computers, mobile/laptop computers, videogame consoles, CD players/recorders, DVD players/recorders, and Blu-Ray disc players/recorders.

A Federal Court authorized this Notice. This is not a solicitation from a lawyer.

Why did I get this notice? You or your company may have directly purchased an Optical Disk Drive or an Optical Disk Drive Device between January 1, 2004-December 31, 2011. A direct purchaser is a person or business who bought an Optical Disk Drive or an Optical Disk Drive Device, directly from one or more of the Defendants, affiliates, or subsidiaries. A direct purchaser is NOT a person or company who purchased an Optical Disk Drive or an Optical Disk Drive Device from a wholesaler or a retail store. If you are a direct purchaser, you have the right to know about the litigation and about your legal rights and options. The Court in charge of the case is the United States District Court for the Northern District of California, and the case is called In re Optical Disk Drive Antitrust Litigation, MDL No. 2143. The people who sued are called Plaintiffs and the companies they sued are called Defendants.

• On October 3, 2014 the Court denied Plaintiffs' motion for class certification, and Plaintiffs filed a Petition for Permission to Appeal Pursuant to Rule 23(f). On January 14, 2015 the Ninth Circuit Court of Appeals denied Plaintiffs' petition for permission to appeal the order denying class certification.

• Some Defendants in the Direct Purchaser Optical Disk Drive Antitrust Litigation have settled their claims ("Settling Defendants"). A settlement was reached with Hitachi-LG Data Storage, Inc., Hitachi-LG Data Storage Korea, Inc., LG Electronics, Inc., LG Electronics USA, and Hitachi, Ltd. (collectively, "HLDS") for $26,000,000. The HLDS settlement released claims asserted in the Second Consolidated Direct Purchaser Class Action Complaint. Subsequently, a settlement was reached with Panasonic Corporation and Panasonic Corporation of North America (collectively, "Panasonic") for $5,750,000. Finally, a settlement was reached with NEC Corporation ("NEC") for $6,000,000 (plus up to an additional $150,000 for notice costs). The Panasonic and NEC settlements released claims asserted in the Third Consolidated Direct Purchaser Class Action Complaint. The Court has finally approved each of the settlements with Settling Defendants and the settlement proceeds are ready to be distributed to qualified claimants. Attached to this Notice is a proof of claim form ("Claim Form") that has been approved by the Court. All Claim Forms must be postmarked or sent via electronic mail no later than (90 days from date of mailed notice), 2015 to the address set forth in the Claim Form. Additional Claim Forms may be obtained at www.ODDDirectPurchaserAntitrustSettlement.com, by calling 1-877-224-3063, or writing to ODD Direct Settlement, P.O. Box 808003, Petaluma, CA 94975. Please do not contact the Court about claim administration.

• Class Counsel's Motion for Attorneys' Fees, Costs, and Incentive Awards is on file with the Court and available at www.ODDDirectPurchaserAntitrustSettlement.com. Class Counsel have asked the Court for attorneys' fees not exceeding one-third (33.3%) of the Settlement Fund plus reimbursement of their costs and expenses, in accordance with the provisions of the Settlement Agreements. Class Counsel have also asked for incentive awards for the named plaintiffs. The Court has set a hearing on Class Counsel's Motion for Attorneys' Fees, Costs, and Incentive Awards for XXX, 2015 at XXX in Courtroom 3. Any comments or objections to Plaintiffs Motion for Attorneys' Fees, Costs, and Incentive Awards must be filed with the Court (Honorable Richard Seeborg, United States District Court, Northern District of California, 450 Golden Gate Avenue, Courtroom 3, 17th floor, San Francisco, CA 94102) no later than ___ (42 days from entry of Order), 2015.

Dated: _________________ BY ORDER OF THE COURT

For More Information: Call 1-877-224-3063 or Visit www.ODDDirectPurchaserAntitrustSettlement.com

FootNotes


1. The Net Settlement Fund is the Settlement Fund plus accrued interest, minus all costs, attorneys' fees, expenses, and incentive awards.
Source:  Leagle

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