Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_12-cv-04064/USCOURTS-cand-3_12-cv-04064-6/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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[3:12-cv-04007-JSC] [PROPOSED] ORDER AWARDING ATTORNEYS’ FEES, AND REIMBURSEMENT 

OF LITIGATION EXPENSES

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Joseph J. Tabacco, Jr. (SBN 75484)

Nicole Lavallee (SBN 165755)

Kristin J. Moody (SBN 206326)

BERMAN DEVALERIO

One California Street, Suite 900

San Francisco, CA 94111

Telephone: (415) 433-3200

Facsimile: (415) 433-6282

Email: jtabacco@bermandevalerio.com

nlavallee@bermandevalerio.com

kmoody@bermandevalerio.com

Jeffrey M. Norton (Admitted Pro Hac Vice)

NEWMAN FERRARA LLP

1250 Broadway, 27th Floor

New York, NY 10001

Telephone: (212) 619-5400

Facsimile: (212) 619-3090

Email: jnorton@nfllp.com

Lead Counsel and Attorneys for Lead Plaintiff David Fee 

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SAN FRANCISCO DIVISION

IN RE ZYNGA INC. SECURITIES 

LITIGATION

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CLASS ACTION

Lead Case No. 3:12-cv-04007-JSC

Consolidated with Case Nos.

12-CV-4048-JSC

12-CV-4059-JSC

12-CV-4064-JSC

12-CV-4066-JSC

12-CV-4133-JSC

12-CV-4250-JSC

[PROPOSED] ORDER AWARDING 

ATTORNEYS’ FEES AND 

REIMBURSEMENT OF LITIGATION 

EXPENSES

Date: February 11, 2016

Time: 9:00 a.m.

Courtroom: F, 15th Floor, San Francisco

Judge: Honorable Magistrate Judge 

Jacqueline Scott Corley

This Document Relates To:

All Actions.

Case 3:12-cv-04064-JSC Document 18 Filed 03/18/16 Page 1 of 3
[3:12-cv-04007-JSC] [PROPOSED] ORDER AWARDING ATTORNEYS’ FEES, AND REIMBURSEMENT 

OF LITIGATION EXPENSES 1

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This matter having come before the Court on February 11, 2016, on Lead Counsel’s 

Notice of Motion and Motion For Attorneys’ Fees and Reimbursement of Litigation Expenses 

pursuant to Rule 23(h) of the Federal Rules of Civil Procedure and 15 U.S.C. §78u-4(a)(6), having 

considered all papers filed and proceedings conducted herein, having found the settlement of this 

action to be fair, reasonable and adequate and otherwise being fully informed in the premises and 

good cause appearing therefore:

IT IS HEREBY ORDERED, ADJUDGED AND DECREED that:

1. All of the capitalized terms used herein shall have the same meanings as set forth 

in the Amended Stipulation of Settlement, dated October 15, 2015 and filed with the Court at

Dkt. No. 212-1 (the “Stipulation”).

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

matters relating thereto, including all members of the Settlement Class who have not timely and 

validly requested exclusion. 

3. A recovery of $23 million, representing approximately 14% of Lead Counsel’s 

estimate of the most likely recoverable damages, is an excellent result considering the substantial 

risks of this litigation, both on the merits and law, thereby supporting a fee award of ___%.

4. The risk that further litigation might result in the Settlement Class recovering 

nothing, particularly in a case involving complicated factual and legal issues, supports a fee award 

of ___%.

5. The successful prosecution of the complex claims in this case required the 

participation of highly skilled and specialized attorneys supporting a fee award of ___%.

6. The contingent nature of the fee award whereby Lead Counsel received no 

compensation during the course of this Litigation, and risked non-payment of out-of-pocket 

expenses, spending more than 5,580.05 hours litigating this case and advancing over $189,427.69

in expenses to prosecute this case supports a fee award of ____%.

7. Fee awards in similar cases support a fee award of the 25% benchmark. See, e.g., 

In re OmniVision Techs., Inc., 559 F. Supp. 2d 1036, 1047 (N.D. Cal. 2008).

Case 3:12-cv-04064-JSC Document 18 Filed 03/18/16 Page 2 of 3
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8. Examining the lodestar of Lead Counsel shows a fee award of ____% will allow 

Lead Counsel to recover its lodestar with a modest multiplier of ___, thereby supporting a fee 

award of ____%.

9. The categories of expenses for which Lead Counsel seeks reimbursement are the 

type of expenses routinely charged to hourly paying clients, and therefore are appropriate for 

reimbursement.

10. Notice was disseminated to putative members of the Settlement Class stating that 

Lead Counsel would be moving for attorneys’ fees in an amount not to exceed 25% of the 

Settlement Fund and for reimbursement of litigation expenses not to exceed $276,000. The 

deadline for submitting objections has expired and there are no pending objections to the request. 

The reaction of the Settlement Class therefore supports a fee award of ____% and reimbursement 

of $__________ in expenses.

11. The Court hereby awards Lead Counsel attorneys’ fees of $______ (constituting 

___% of the Settlement Fund), plus reimbursement of litigation expenses in the amount of 

$___________. 

12. The fees shall be allocated among counsel for the Lead Plaintiff by Lead Counsel. 

13. The awarded attorneys’ fees and expenses shall be paid to Lead Counsel from the 

Settlement Fund Account within five (5) calendar days after the later of (a) the date they are 

awarded by the Court, or (b) the date the Court grants final approval of the Settlement, subject to 

the terms, conditions and obligations of the Stipulation, and in particular ¶7.2 thereof, which 

terms, conditions and obligations are incorporated herein. 

IT IS SO ORDERED.

Dated: ___________________, 2016

HON. JACQUELINE SCOTT CORLEY

UNITED STATES MAGISRATE JUDGE

March 18

Case 3:12-cv-04064-JSC Document 18 Filed 03/18/16 Page 3 of 3