Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_01-cv-03361/USCOURTS-cand-3_01-cv-03361-0/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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[PROPOSED] ORDER APPROVING PLAN OF 

ALLOCATION OF SETTLEMENT PROCEEDS

Master File No. C-01-3361 CRB (JCS)

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UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

In re CLARENT CORPORATION 

SECURITIES LITIGATION

Master File No. C-01-3361 CRB (JCS)

CLASS ACTION

This Document Relates To:

ALL ACTIONS.

Date: July 14, 2005

Time: 10:00 a.m.

Courtroom 8, 19th Floor

Judge: The Honorable Charles R. Breyer

[PROPOSED] ORDER APPROVING PLAN OF

ALLOCATION OF COMBINED SETTLEMENT PROCEEDS

Case 3:01-cv-03361-CRB Document 528 Filed 07/15/05 Page 1 of 3
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[PROPOSED] ORDER APPROVING PLAN OF

ALLOCATION OF SETTLEMENT PROCEEDS

Master File No. C-01-3361 CRB (JCS)

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Lead Plaintiffs’ Motion for: (i) Final Approval of Settlements; (ii) Approval of Plan of

Allocation of Combined Settlement Proceeds; and (iii) For Approval of Award of Attorneys’ 

Fees and Reimbursement of Expenses (the “Motion”) duly came before the Court for hearing on 

July 14, 2005, at 10:00 a.m., pursuant to the Order of this Court entered May 16, 2005

preliminarily approving the settlement of the Class Action (“Order”) in accordance with a 

Stipulation of Settlement filed with this Court on May 10, 2005 (the “Stipulation”). The Court 

has read and considered Lead Plaintiffs’ Motion and all supporting and other related materials.

Due and adequate notice having been given to the Class as required in said Order, and the Court 

having considered all papers filed and proceedings had herein and otherwise being fully

informed in the premises and good cause appearing therefore,

IT IS HEREBY ORDERED, that: 

1. This Court has jurisdiction over the subject matter of the Motion. Pursuant to and 

in full compliance with Rule 23 of the Federal Rules of Civil Procedure, this Court hereby finds 

and concludes that due and adequate notice was directed to all persons and entities who are Class 

Members, advising them of the Plan of Allocation and of their right to object thereto, and a full 

and fair opportunity was accorded to all such persons and entities to be heard with respect to the 

Plan of Allocation.

2. The Court hereby finds and concludes that the formula for the calculation of the 

claims of Authorized Claimants which is set forth in the notices mailed to Class Members

provides a fair and equitable basis upon which to allocate the proceeds of the combined 

settlement proceeds among the Class Members with due consideration having been given to 

administrative convenience and necessity.

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[PROPOSED] ORDER APPROVING PLAN OF

ALLOCATION OF SETTLEMENT PROCEEDS

Master File No. C-01-3361 CRB (JCS)

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3. The Court hereby finds and concludes that the Plan of Allocation set forth in the 

notices and in Lead Plaintiff’s Motion is in all respects, fair and equitable to Class. Accordingly, 

the Court hereby approves the Plan of Allocation submitted by Lead Plaintiffs.

IT IS SO ORDERED.

DATED: _________________________________________

THE HONORABLE CHARLES R. BREYER

UNITED STATES DISTRICT COURT JUDGE

Submitted by:

BERNSTEIN LITOWITZ BERGER

 & GROSSMANN LLP

ALAN SCHULMAN (Bar No. 128661)

ROBERT S. GANS (Bar No. 214420)

BLAIR A. NICHOLAS (Bar No. 178428)

NIKI L. MENDOZA (Bar No. 214646)

BRETT M. MIDDLETON (Bar No. 199427)

12544 High Bluff Drive, Suite 150

San Diego, CA 92130

Tel: (858) 793-0070

Fax: (858) 793-0323

Attorneys for Lead Plaintiff

Otter Creek Partners and

Lead Counsel for the Class

18930

July 14, 2005

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

APPROVED

Judge Charles R. Breyer

Case 3:01-cv-03361-CRB Document 528 Filed 07/15/05 Page 3 of 3