Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-4_06-cv-03936/USCOURTS-cand-4_06-cv-03936-9/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

For the Northern District of California

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IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

ADRIAN MONGELI, individually and on

behalf of all others similarly

situated,

Plaintiff,

v.

TERAYON COMMUNICATIONS SYSTEMS, INC.;

ZKI RAKIB; JERRY D. CHASE; MARK A.

RICHMAN; EDWARD LOPEZ; RAY FRITZ;

CAROL LUSTENADER; MATTHEW MILLER;

SHLOMO RAKIB; DOUG SABELLA;

CHRISTOPHER SCHAEPE; MARK SLAVEN;

LEWIS SOLOMON; HOWARD W. SPEAKS;

ARTHUR T. TAYLOR; DAVID WOODROW; and

ERNST & YOUNG, LLP,

Defendants.

 /

No. C 06-3936 CW

ORDER RE:

DOCUMENTS RELATED

TO CLASS ACTION

SETTLEMENT 

On April 3, 2008, the parties appeared for a hearing on their

joint motion for preliminary approval of the settlement they have

reached in this class action. At the hearing, the Court identified

several errors and areas needing clarification in the parties'

notice documents and proposed order preliminarily approving the

settlement and providing notice. The parties have submitted

revised versions of those documents correcting some of the errors. 

The parties are hereby ordered to make the following corrections

Case 4:06-cv-03936-CW Document 102 Filed 04/09/08 Page 1 of 2
United States District Court

For the Northern District of California

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and to file the corrected documents within two days of the date of

this order.

(1) Change the citation in the footer of all three documents from

"03936 MJJ" to "03936 CW." 

(2) Fill in the blanks at page 11, line 13 of the notice of

pendency of and proposed settlement of class action (class

notice), page 1, line 6 of the summary notice and page 1, line

18 of the proposed order with "2:00 pm."

(3) Change the text at page 2, line 4 of the class notice from

"the average cost per share of common stock will be $0.20" to

"the estimated average recovery per share of common stock will

be $0.34."

(4) Change the text at page 5, line 26 from "The payment you will

receive will reflect your pro rata share of the Net Settlement

Fund" to "The payment you will receive will be based on (1)

the number and type of shares you bought during the class

period and when you sold them, (2) the number of class members

who file claims, and (3) the number and type of shares the

participating class members bought during the class period and

when they sold them." 

(5) Fill in the blank at page 2, line 2 of the summary notice with

"July 25"

IT IS SO ORDERED.

Dated: 4/9/08 

CLAUDIA WILKEN

United States District Judge

Case 4:06-cv-03936-CW Document 102 Filed 04/09/08 Page 2 of 2