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IN RE TELIK, INC. SECURITIES LITIGATION

No. 07 Civ. 4819(CM).

576 F.Supp.2d 570 (2008)

In re TELIK, INC. SECURITIES LITIGATION.

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

September 10, 2008.

Attorney(s) appearing for the Case

Joseph R. Seidman, Bernstein Liebhard & Lifshitz, LLP, New York City, Darren J. Robbins, David Avi Rosenfeld, Learch, Coughlin, Stoia, Geller, Rudman & Robbins, LLP, Melville, NY, Marc S. Henzel, Law Offices of Marc S. Henzel, Bala Cynwyd, PA, Mary K. Blasy, Lerach, Coughlin, Stoia, Geller, Rudman & Robbins, LLP, San Diego, CA, for Plaintiff.

Elizabeth Ann Schmid, Brower Piven, New York City, for Defendants.

DECISION AND ORDER APPROVING THE SETTLEMENT, CERTIFYING THE CLASS FOR SETTLEMENT PURPOSES, APPROVING THE PLAN OF ALLOCATION OF THE NET SETTLEMENT FUND, DISALLOWING THE OBJECTIONS, AND AWARDING ATTORNEYS' FEES

McMAHON, District Judge:

PRELIMINARY STATEMENT

The core allegation in the Complaint is that the Telik Defendants1 received data about Phase 3 clinical tests on Telik's leading new drug candidate, TELCYTA, on a...

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