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IN RE INITIAL PUBLIC OFFERING SECURITIES LITIG.

Master File No. 21 MC 92.

671 F.Supp.2d 467 (2009)

In re INITIAL PUBLIC OFFERING SECURITIES LITIGATION.

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

October 5, 2009.

Attorney(s) appearing for the Case

Stanley D. Bernstein, Esq., Rebecca M. Katz, Esq., Christian Siebott, Esq., Bernstein Liebhard LLP, Robert A. Wallner, Esq., Ariana J. Tadler, Esq., Peter G.A. Safirstein, Esq., Neil Fraser, Esq., Milberg LLP, Jules Brody, Esq., Stull, Stull & Brody LLP, Howard B. Sirota, Esq., Sirota & Sirota LLP, Fred Taylor Isquith, Esq., Thomas H. Burt, Esq., Wolf Haldenstein Adler Freeman & Herz LLP, New York, NY, David Kessler, Esq., Barroway Topaz Kessler Meltzer & Check LLP, Radnor, PA, for Plaintiffs' Executive Committee.

Gandolfo V. DiBlasi, Esq., Penny Shane, Esq., David M.J. Rein, Esq., Richard J.L. Lamuscio, Esq., Sullivan and Cromwell LLP, New York, NY, Liaison Counsel for Underwriter Defendants.

Jack C. Auspitz, Esq., Joel C. Haims, Esq., Hilary M. Williams, Esq., Angela T. Rella, Esq., Reema S. Abdelhamid, Esq., Morrison and Foerster LLP, New York, NY, Liaison Counsel for Issuer Defendants.

OPINION AND ORDER

SHIRA A. SCHEINDLIN, United States District Judge:

I. INTRODUCTION

This consolidated action comprises hundreds of securities class actions brought against issuers and underwriters of technology stocks that had their initial public offerings ("IPOs") during the late 1990s. On April 2, 2009, the parties filed a Stipulation and Agreement of Settlement ("Stipulation") that seeks to conclude eight years of litigation in all...

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