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  5. 966 F.Supp. 930 (1997)
 

IN RE CLEARLY CANADIAN SECURITIES LITIGATION

No. C-93-1037-VRW. MDL No. 993. No. C-95-2295-VRW.

966 F.Supp. 930 (1997)

In re CLEARLY CANADIAN SECURITIES LITIGATION. This document relates to: All Actions. In re BORLAND SECURITIES LITIGATION. This document relates to: Kaplan v. Kahn, C-95-2295-VRW, Crook v. Kahn, C-95-0699-VRW.

United States District Court, N.D. California.

May 28, 1997.

Attorney(s) appearing for the Case

Patrick J. Coughlin, William S. Lerach, Henry Rosen, John J. Stoia, Jr., Milberg, Weiss, Bershad, Hynes & Lerach L.L.P., San Diego, CA, Alfred G. Yates, Jr., Law Office of Alfred G. Yates, Jr., Pittsburgh, PA, for Melody J. Harrison, John Alan.

Neil A. Goteiner, Claudia A. Lewis, Farella, Braun & Martel, L.L.P., San Francisco, CA, for Douglas Mason.

Ann G. Daniels, Neil A. Goteiner, Claudia A. Lewis, Farella, Braun & Martel, L.L.P., San Francisco, CA, for Bruce D. Horton, Glen D. Foreman, Stuart Ross, Michael Gustavson.

Claudia A. Lewis, Farella, Braun & Martel, L.L.P., San Francisco, CA, for Boyce Butler, Woodall, Elliot Ewing, Ron Kendrick, Clearly Canadian Beverage Corporation.

Jonathan C. Dickey, Brobeck, Phleger & Harrison, Palo Alto, CA, for Stephen J. Kahn, Robert Dickerson, Spencer Leyton, Alan Henricks, Douglas Antone, Richard Schwartz, Stephen M. Dow, Joseph Howell.

Robin L. Filion, Tod L. Gamlen, Baker & McKenzie, Palo Alto, CA, Charles H. Dick, Baker & McKenzie, San Diego, CA, for Borland International, Inc.

ORDER

WALKER, District Judge.

Currently pending before the court are motions for preliminary approval of settlement in these securities class actions. Because the two motions raise many of the same issues, the court will address them both in this order. Both proposed settlements suffer similar defects and must be disapproved.

I

The factual background of the Clearly Canadian ("CLCDF") litigation is set forth in detail in the court's order...

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