Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_03-cv-00283/USCOURTS-cand-3_03-cv-00283-12/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 

In re VERITAS SOFTWARE 

CORPORATION SECURITIES LITIGATION

This Document Relates To: 

ALL ACTIONS. 

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Master File No. C-03-0283-MMC 

CLASS ACTION

[PROPOSED] AMENDED FINAL 

JUDGMENT AND ORDER OF DISMISSAL 

WITH PREJUDICE 

DATE: February 22, 2008 

TIME: 9:00 a.m. 

COURTROOM: The Honorable 

 Maxine M. Chesney 

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This matter came before the Court for hearing pursuant to an Order of this Court, dated 

December 5, 2007, on the application of the Settling Parties for approval of the settlement set forth 

in the Stipulation of Settlement dated as of January 26, 2005, and the Amendment to Stipulation of 

Settlement filed on May 4, 2005 (collectively, the “Stipulation”). Due and adequate notice having 

been given of the settlement as required in said Order, and the Court having considered all papers 

filed and proceedings held herein and otherwise being fully informed in the premises and good cause 

appearing therefore, IT IS HEREBY ORDERED, ADJUDGED AND DECREED that: 

1. This Judgment incorporates by reference the definitions in the Stipulation, and all 

terms used herein shall have the same meanings set forth in the Stipulation. 

2. This Court has jurisdiction over the subject matter of the Litigation and over all 

parties to the Litigation, including all Members of the Settlement Class. 

3. Except as to any individual claim of those Persons (identified in Exhibit 1 attached 

hereto) who have validly and timely requested exclusion from the Settlement Class, the Litigation 

and all claims contained therein, including all of the Released Claims, are dismissed with prejudice 

as to the Lead Plaintiffs and the other Members of the Settlement Class, and as against each and all 

of the Released Persons. The parties are to bear their own costs, except as otherwise provided in the 

Stipulation.

4. The Court has considered and hereby overrules the objections submitted by Robert A. 

Minotti, Edward F. Lane and Edmund J. Kieras. 

5. Pursuant to Rule 23 of the Federal Rules of Civil Procedure, this Court hereby 

approves the settlement set forth in the Stipulation and finds that said settlement is, in all respects, 

fair, reasonable and adequate to, and is in the best interests of, the Lead Plaintiffs, the Settlement 

Class and each of the Settlement Class Members. This Court further finds the settlement set forth in 

the Stipulation is the result of arm’s-length negotiations between experienced counsel representing 

the interests of the Lead Plaintiffs, the Settlement Class Members and the Defendants. Accordingly, 

the settlement embodied in the Stipulation is hereby approved in all respects and shall be 

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consummated in accordance with its terms and provisions. The Settling Parties are hereby directed 

to perform the terms of the Stipulation. 

6. Pursuant to Rule 23 of the Federal Rules of Civil Procedure, the Court hereby 

certifies, for purposes of effectuating this settlement, a Settlement Class of all Persons who 

purchased or acquired VERITAS securities during the period between January 3, 2001 and January 

16, 2003, inclusive. Excluded from the Settlement Class are Defendants, members of the immediate 

families of the Individual Defendants, any entity in which any Defendant has or had a controlling 

interest, current or former directors and officers of VERITAS, and the legal representatives, heirs, 

successors, or assigns of any such excluded person or entity. Also excluded from the Settlement 

Class are those Persons who timely and validly requested exclusion from the Settlement Class 

pursuant to the Revised Notice of Pendency and Proposed Settlement of Class Action. The 

certification of the Settlement Class shall be binding only with respect to the settlement of the 

Litigation.

7. With respect to the Settlement Class, this Court finds for the purposes of effectuating 

this settlement that (a) the Members of the Settlement Class are so numerous that joinder of all 

Settlement Class Members in the Litigation is impracticable; (b) there are questions of law and fact 

common to the Settlement Class which predominate over any individual questions; (c) the claims of 

the Lead Plaintiffs are typical of the claims of the Settlement Class; (d) the Lead Plaintiffs and Lead 

Counsel have fairly and adequately represented and protected the interests of all of the Settlement 

Class Members; and (e) a class action is superior to other available methods for the fair and efficient 

adjudication of the controversy, considering: (i) the interests of the Members of the Settlement Class 

in individually controlling the prosecution of the separate actions; (ii) the extent and nature of any 

litigation concerning the controversy already commenced by Members of the Settlement Class; (iii) 

the desirability or undesirability of continuing the litigation of these claims in this particular forum; 

and (iv) the difficulties likely to be encountered in the management of the Litigation. 

8. Upon the Effective Date, the Lead Plaintiffs and each of the Settlement Class 

Members shall be deemed to have, and by operation of the Judgment shall have, fully, finally, and 

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forever released, relinquished and discharged all Released Claims against the Released Persons, 

whether or not such Settlement Class Member executes and delivers a Proof of Claim and Release 

form. 

9. All Settlement Class Members are hereby forever barred and enjoined from 

prosecuting the Released Claims against the Released Persons. 

10. Upon the Effective Date hereof, each of the Released Persons shall be deemed to 

have, and by operation of this Judgment shall have, fully, finally, and forever released, relinquished 

and discharged each and all of the Settlement Class Members and Lead Counsel from all claims 

(including Unknown Claims), arising out of, relating to, or in connection with the institution, 

prosecution, assertion, settlement or resolution of the Litigation or the Released Claims. 

11. The distribution of the Revised Notice of Pendency and Proposed Settlement of Class 

Action and the publication of the Summary Notice as provided for in the Order Approving Revised 

Notice and Providing for Hearing (Docket No. 203) and the notice mailed on December 12, 2007 in 

accordance with the Order Approving Form and Manner of Notice (Docket No. 278) constituted the 

best notice practicable under the circumstances, including individual notice to all Members of the 

Settlement Class who could be identified through reasonable effort. Said notices provided the best 

notice practicable under the circumstances of those proceedings and of the matters set forth therein, 

including the proposed settlement set forth in the Stipulation, to all Persons entitled to such notice, 

and said notices fully satisfied the requirements of Federal Rule of Civil Procedure 23, the 

requirements of due process, and any other applicable law. 

12. Any plan of allocation submitted by Lead Counsel or any order entered regarding the 

attorneys’ fee and expense application shall in no way disturb or affect this Final Judgment and shall 

be considered separate from this Final Judgment. 

13. Neither the Stipulation nor the settlement contained therein, nor any act performed or 

document executed pursuant to or in furtherance of the Stipulation or the settlement: (a) is or may be 

deemed to be or may be used as an admission of, or evidence of, the validity of any Released Claim, 

or of any wrongdoing or liability of the Defendants or their Related Parties; or (b) is or may be 

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deemed to be or may be used as an admission of, or evidence of, any fault or omission of any of the 

Defendants or their Related Parties in any civil, criminal or administrative proceeding in any court, 

administrative agency or other tribunal. Defendants and/or their Related Parties may file the 

Stipulation and/or the Judgment in any other action that may be brought against them in order to 

support a defense or counterclaim based on principles of res judicata, collateral estoppel, release, 

good faith settlement, judgment bar or reduction, or any other theory of claim preclusion or issue 

preclusion or similar defense or counterclaim. 

14. Without affecting the finality of this Judgment in any way, this Court hereby retains 

continuing jurisdiction over (a) implementation of this settlement and any award or distribution of 

the Settlement Fund, including interest earned thereon; (b) disposition of the Settlement Fund; 

(c) hearing and determining applications for attorneys’ fees and expenses in the Litigation; and (d) 

all parties hereto for the purpose of construing, enforcing and administering the Stipulation. 

15. The Court finds that during the course of the Litigation, the Settling Parties and their 

respective counsel at all times complied with the requirements of Federal Rule of Civil Procedure 

11.

16. In the event that the settlement does not become effective in accordance with the 

terms of the Stipulation or the Effective Date does not occur, or in the event that the Settlement 

Fund, or any portion thereof, is returned to the Defendants, then this Judgment shall be rendered null 

and void to the extent provided by and in accordance with the Stipulation and shall be vacated and, 

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in such event, all orders entered and releases delivered in connection herewith shall be null and void 

to the extent provided by and in accordance with the Stipulation. 

DATED: _____________________ 

 THE HONORABLE MAXINE M. CHESNEY 

UNITED STATES DISTRICT JUDGE 

 Submitted by: 

COUGHLIN STOIA GELLER 

 RUDMAN & ROBBINS LLP 

JEFFREY W. LAWRENCE 

SHAWN A. WILLIAMS 

SHIRLEY H. HUANG 

LUKE O. BROOKS 

s/ Jeffrey W. Lawrence 

 JEFFREY W. LAWRENCE 

100 Pine Street, Suite 2600 

San Francisco, CA 94111 

Telephone: 415/288-4545 

415/288-4534 (fax) 

COUGHLIN STOIA GELLER 

 RUDMAN & ROBBINS LLP 

PATRICK J. COUGHLIN 

JOY ANN BULL 

655 West Broadway, Suite 1900 

San Diego, CA 92101 

Telephone: 619/231-1058 

619/231-7423 (fax) 

Lead Counsel for Plaintiffs 

DeCARLO & CONNOR 

JOHN T. DeCARLO 

DANIEL M. SHANLEY 

533 South Fremont Avenue, 9th Floor 

Los Angeles, CA 90071-1706 

Telephone: 213/488-4100 

213/488-4180 (fax) 

February 22, 2008

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SCHRECK BRIGNONE 

ANDREW S. BRIGNONE 

300 South Fourth Street, Suite 1200 

Las Vegas, NV 89101 

Telephone: 702/382-2101 

702/382-8135 (fax) 

SCHWARZWALD & McNAIR 

EBEN O. McNAIR IV 

616 Penton Media Building 

1330 East Ninth Street 

Cleveland, OH 44114-1503 

Telephone: 216/566-1600 

216/566-1814 (fax) 

Counsel for Plaintiffs 

S:\Settlement\Veritas.set\JGT00049332.doc 

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