Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_05-cv-02394/USCOURTS-cand-3_05-cv-02394-21/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 15:78m(a) Securities Exchange Act

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STIPULATATION AND PROPOSED ORDER AMENDING PROPOSED SETTLEMENT 

NOTICE FILED AS EXHIBIT 1 TO PRELIMINARY APPROVAL MOTION 

Case No. C-05-2394 CRB 

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MILBERG LLP 

JEFF S. WESTERMAN (SBN 94559) 

jwesterman@milberg.com 

CHERYL A. WILLIAMS (SBN 193532) 

cwilliams@milberg.com 

MICHIYO MICHELLE FURUKAWA (SBN 234121) 

mfurukawa@milberg.com 

ANDREW J. SOKOLOWSKI (SBN 226685) 

asokolowski@milberg.com 

One California Plaza 

300 S. Grand Avenue, Suite 3900 

Los Angeles, CA 90071-3172 

Telephone: (213) 617-1200 

Facsimile: (213) 617-1975 

Attorneys for Lead Plaintiff and the Class 

[Additional Counsel on Signature Page] 

UNITED STATES DISTRICT COURT 

NORTHERN DISTRICT OF CALIFORNIA 

SAN FRANCISCO DIVISION 

IN RE: MAGMA DESIGN AUTOMATION, 

INC. SECURITIES LITIGATION 

This Document Relates to: 

 ALL ACTIONS 

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Case No.: C-05-2394 CRB 

CLASS ACTION

STIPULATED REQUEST AND 

[PROPOSED] ORDER AMENDING 

SETTLEMENT NOTICE FILED AS 

EXHIBIT 1 TO PROPOSED PRELIMINARY 

APPROVAL ORDER 

Case 3:05-cv-02394-CRB Document 197 Filed 07/03/08 Page 1 of 5
STIPULATION AND PROPOSED ORDER AMENDING PROPOSED SETTLEMENT 

NOTICE FILED AS EXHIBIT 1 TO PRELIMINARY APPROVAL MOTION 

Case No. C-05-2394 CRB 

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In light of recent events involving class counsel, Milberg LLP, the parties hereby agree 

and request that certain language included in the Notice of Proposed Settlement of Class Action, 

Motion for Attorneys’ Fees and Settlement Fairness Hearing (“Settlement Notice”), attached as 

Exhibit 1 to the Proposed Preliminary Order for Notice and Hearing in Connection with 

Settlement Proceedings, filed with the Court on June 6, 2008, be modified on page 12, footnote 

2, to state as follows: 

Milberg LLP was formerly known as Milberg Weiss Bershad & Schulman 

LLP. On May 18, 2006 in the United States District Court for the Central District 

of California (Los Angeles), Milberg Weiss Bershad & Schulman LLP and two of 

its partners, David J. Bershad and Steven G. Schulman, and others, were named as 

defendants in an indictment. On September 20, 2007 a superseding indictment 

was filed which added Melvyn I. Weiss as a named defendant. The indictments 

alleged that, in certain cases identified in the indictments, portions of attorneys’ 

fees awarded to the firm were improperly shared with certain plaintiffs. Milberg 

LLP has pleaded not guilty. The three partners named in the indictments have left 

the firm and have agreed to pleadpleaded guilty to a charge of conspiracy. The 

indictments do not refer to this action, and make no allegations of any impropriety 

in the conduct of this action. 

On June 16, 2008, Milberg LLP entered into a non-prosecution case 

disposition agreement with the government providing for dismissal of the 

indictment against Milberg LLP. The government determined that the former 

senior partners who had engaged in misconduct “took affirmative steps to conceal 

their illegal activities from other partners, associates, and employees of the Firm.” 

The government determined that dismissal of the indictment and non-prosecution 

of Milberg LLP were appropriate in light of its belief that “no attorney currently a 

partner or associate with Milberg LLP is criminally culpable” with respect to 

conduct charged in the indictment.

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STIPULATION AND PROPOSED ORDER AMENDING PROPOSED SETTLEMENT 

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Case No. C-05-2394 CRB 

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The amended Settlement Notice containing the revised language above is attached hereto 

as Exhibit A to the Proposed Order. 

DATED: July 2, 2008 MILBERG LLP 

JEFF S. WESTERMAN 

CHERYL A. WILLIAMS 

MICHIYO MICHELLE FURUKAWA 

ANDREW J. SOKOLOWSKI 

/s/ Cheryl A. Williams 

CHERYL A. WILLIAMS 

One California Plaza 

300 South Grand Avenue, Suite 3900 

Los Angeles, CA 90071 

Telephone: (213) 617-1200 

Facsimile: (213) 617-1975 

jwesterman@milberg.com

cwilliams@milberg.com 

mfurukawa@milberg.com 

asokolowski@milberg.com 

MILBERG LLP 

PETER E. SEIDMAN 

One Pennsylvania Plaza 

New York, New York 10119 

Telephone: (212) 594-5300 

Facsimile: (212) 868-1229 

E-mail: pseidman@milberg.com 

Attorneys for Lead Plaintiff and the Class 

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Case No. C-05-2394 CRB 

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O’MELVENY & MYERS LLP 

MEREDITH LANDY 

DHAIVAT H. SHAH 

/s/ Dhaivat H. Shah 

DHAIVAT H. SHAH 

2765 Sand Hill Road 

Menlo Park, CA 94025 

Telephone: (650) 473-2600 

Facsimile: (650) 473-2601 

Attorneys for Defendants 

MAGMA DESIGN AUTOMATION, INC. 

AND RAJEEV MADHAVAN 

* * * 

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STIPULATION AND PROPOSED ORDER AMENDING PROPOSED SETTLEMENT 

NOTICE FILED AS EXHIBIT 1 TO PRELIMINARY APPROVAL MOTION 

Case No. C-05-2394 CRB 

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ORDER 

The Court, having reviewed the parties’ Stipulated Request to Amend Settlement Notice 

Filed as Exhibit 1 to Proposed Preliminary Approval Order, hereby grants the request and 

approves the amended version of the Notice of Proposed Settlement of Class Action, Motion for 

Attorneys’ Fees and Settlement Fairness Hearing, attached as Exhibit A hereto, in lieu of the 

version previously filed on June 6, 2008. 

IT IS SO ORDERED. 

Dated: July ____, 2008 

 ______________________________________ 

 The Honorable Charles R. Breyer 

 UNITED STATES DISTRICT JUDGE 

Submitted by: 

MILBERG LLP 

JEFF S. WESTERMAN 

ELIZABETH P. LIN 

One California Plaza 

300 South Grand Avenue, Suite 3900 

Los Angeles, CA 90071 

Telephone: (213) 617-1200 

Facsimile: (213) 617-1975 

Email: jwesterman@milberg.com 

 elin@milberg.com 

MILBERG LLP 

GEORGE A. BAUER III 

ANITA KARTALOPOULOS 

One Pennsylvania Plaza, 49th Floor 

New York, NY 10119 

Telephone: (212) 594-5300 

Facsimile: (212) 868-1229 

Email: gbauer@milberg.com 

 akartalopoulos@milberg.com 

Attorneys for Lead Plaintiff and the Class 

03

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORN

I

A

IT IS SO ORDERED

Judge Charles R. Breyer

Case 3:05-cv-02394-CRB Document 197 Filed 07/03/08 Page 5 of 5