Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-4_13-cv-03476/USCOURTS-cand-4_13-cv-03476-13/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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United States District Court 

Northern District of California 

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

MARK NATHANSON, Individually and on 

Behalf of All Others Similarly Situated, 

 Plaintiff, 

 v. 

POLYCOM, INC., et al., 

 Defendants.

Case No.: 13-cv-03476 YGR

ORDER REQUIRING ADDITIONAL 

INFORMATION RE: UNOPPOSED MOTION FOR 

PRELIMINARY APPROVAL OF CLASS 

SETTLEMENT; CONTINUING HEARING 

Re: Dkt. No. 102 

On January 8, 2016 plaintiff Mark Nathanson (“Lead Plaintiff”) filed an unopposed motion for 

preliminary approval of class action settlement. (Dkt. No. 102.) The Court has conducted an initial 

review of the motion and requires additional information prior to a hearing on the matter. 

Specifically, the Court requires further explanation and justification concerning the following: 

1. the rationale underlying the plan of allocation of the settlement funds; 

2. whether class members must independently complete the schedule of transactions on the 

proof of claim form or if the administrator will pre-fill the form; and 

3. the reason litigation expenses are in the range of $200,000 when the parties have engaged 

in no discovery to date. 

The Court also requests that Lead Plaintiff revise the proposed class notice (Dkt. No. 102-3) 

and proposed summary class notice (Dkt. No. 102-4) to provide more transparency and simplicity.1

 

With respect to the proposed class notice, the first six pages thereof are especially cumbersome and 

 1

 The Court recommends that counsel for Lead Plaintiff review class notices previously 

approved by the undersigned, including those approved in Bernardino v. Target Corp., Inc., Civil 

Case No. 12-cv-04639 (Dkt. No. 51-1) and Maritime Asset Mgt., LLC v. Neurogesx, Inc., Civil Case 

No. 12-cv-05034-YGR (Dkt. No. 94-1). 

Case 4:13-cv-03476-YGR Document 104 Filed 02/09/16 Page 1 of 2
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United States District Court 

Northern District of California 

must be revised to be more user-friendly for all class members. With respect to the proposed 

summary class notice, it must be revised to make clear that counsel will seek thirty (30) percent of the 

settlement amount. 

Lead Plaintiff shall file the additional information as required herein, and revised class notice 

and summary class notice documents, no later than February 16, 2016 at noon. The hearing 

currently set for February 16, 2016 is hereby CONTINUED to Tuesday February 23, 2016 at 2:00 p.m.

IT IS SO ORDERED. 

Dated: February 9, 2016 

 ____________________________________ 

YVONNE GONZALEZ ROGERS

UNITED STATES DISTRICT COURT JUDGE

Case 4:13-cv-03476-YGR Document 104 Filed 02/09/16 Page 2 of 2