Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_07-cv-04578/USCOURTS-cand-3_07-cv-04578-4/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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United States District Court

For the Northern District of California

IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

PETER RUDOLPH, individually and on behalf of

all others similarly situated,

Plaintiff,

 v.

UT STARCOM, et al.,

Defendants. /

No. C 07-04578 SI

CLASS ACTION

ORDER APPOINTING LEAD

PLAINTIFF AND LEAD COUNSEL

Currently before the Court is the motion filed by James R. Bartholomew to be appointed lead

plaintiff, and the related motion to approve lead counsel. This motion was initially opposed by the

Detectives’ Endowment Association Annuity Fund (“the Fund”), but the Fund has since withdrawn its

opposition as well as its own motion to be appointed lead plaintiff. 

As required by 15 U.S.C. § 78u-4(a)(3)(A)(I), the notice of this action was published on PR

Newswire, a widely circulated national business-oriented publication. See Punzalan Decl., Ex. B;

Glancy Decl., Ex. A. The notice set a 60 day window for class members to appear and move for

appointment as lead plaintiff, by November 5, 2007. Bartholomew has also filed a timely motion for

appointment as lead plaintiff and has submitted an acceptable sworn certification. See Punzalan Decl.,

Ex. A. The Court finds that Bartholomew is presumptively the most adequate plaintiff because he “‘has

the largest financial interest in the relief sought by the class’ and ‘otherwise satisfies the requirements

of Rule 23 of the Federal Rules of Civil Procedure.’” In re Cavanaugh, 306 F.3d 726, 730 (9th Cir.

2002) (quoting 15 U.S.C. § 78u-4(a)(3)(B)(iii)(I)). Because no other class member has attempted to

rebut this presumption, id. at 730, the Court GRANTS Bartholomew’s motion to be appointed lead

Case 3:07-cv-04578-SI Document 52 Filed 12/18/07 Page 1 of 2
United States District Court

For the Northern District of California

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plaintiff [Docket No. 19]. In addition, Bartholomew has selected Finkelstein Thompson LLP as his

counsel. The Court approves, id. at 732 & n.11; 15 U.S.C. § 78u-4(a)(3)(B)(v), and therefore GRANTS

the motion to appoint Finkelstein Thompson LLP as lead counsel. 

IT IS SO ORDERED.

Dated: December 18, 2007 SUSAN ILLSTON

United States District Judge

Case 3:07-cv-04578-SI Document 52 Filed 12/18/07 Page 2 of 2