Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-5_06-cv-03484/USCOURTS-cand-5_06-cv-03484-22/pdf.json

Nature of Suit Code: 850
Nature of Suit: Securities, Commodities, Exchange
Cause of Action: 28:1331 Fed. Question

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 Only Samenuk and Roberts filed written objections; however, counsel for Weiss 1

appeared telephonically at the hearing and joined in the objections to the motion for preliminary

approval of the settlement.

Case No. C 06-3484 JF (PVT)

ORDER GRANTING PRELIMINARY APPROVAL OF SETTLEMENT

(JFLC2)

**E-Filed 10/9/08**

IN THE UNITED STATES DISTRICT COURT

FOR THE NORTHERN DISTRICT OF CALIFORNIA

SAN JOSE DIVISION

IN RE MCAFEE, INC. DERIVATIVE

LITIGATION,

Case Number C 06-3484 JF (PVT)

ORDER GRANTING MOTION FOR

PRELIMINARY APPROVAL OF

SETTLEMENT 

[re: docket no. 119]

On October 3, 2008, the Court heard Plaintiffs’ motion for preliminary approval of a

proposed settlement between Plaintiffs and several of the defendants (“Settling Defendants”) in

this shareholders’ derivative action. Defendants George Samenuk, Kent Roberts and Kevin

Weiss (“Non-Settling Defendants”) oppose the motion, asserting that they were not afforded

adequate notice of the motion or sufficient time to review the proposed settlement prior to the

hearing on October 3. Non-Settling Defendants also assert that there are factual and legal 1

inaccuracies in the proposed notice to shareholders, and that the proposed settlement does not

adequately benefit the shareholders. Non-Settling Defendants request leave to conduct discovery

Case 5:06-cv-03484-JF Document 125 Filed 10/09/08 Page 1 of 4
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Case No. C 06-3484 JF (PVT)

ORDER GRANTING PRELIMINARY APPROVAL OF SETTLEMENT

(JFLC2)

and present supplemental briefing before the Court addresses Plaintiffs’ motion for preliminary

approval.

The Court concludes that the proposed settlement appears fair and adequate on its face,

and thus is prepared to grant preliminary approval and direct that notice be issued. Assuming

without deciding that Non-Settling Defendants have standing to object to the proposed

settlement, the Court concludes that Non-Settling Defendants’ interests will be protected

adequately by a notice period of sufficient length to afford Non-Settling Defendants an

opportunity to comment fully. 

Accordingly, the Court HEREBY GRANTS Plaintiffs’ motion for preliminary approval

of settlement and ORDERS a notice period of ninety days rather than the forty-five days

requested by Plaintiffs.

DATED: 10/9/08

__________________________________

JEREMY FOGEL

United States District Judge

Case 5:06-cv-03484-JF Document 125 Filed 10/09/08 Page 2 of 4
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Case No. C 06-3484 JF (PVT)

ORDER GRANTING PRELIMINARY APPROVAL OF SETTLEMENT

(JFLC2)

Copies of Order served on:

Aelish Marie Baig AelishB@csgrr.com, khuang@csgrr.com 

Avin P. Sharma asharma@vbllaw.com 

Benjamin B. Au bau@kvn.com, alm@kvn.com, apicar@kvn.com, efiling@kvn.com 

Brandon Kimura bkimura@cooley.com, tcarney@cooley.com 

Clara Shin cshin@hrice.com, ccamp@howardrice.com 

Clay Basser-Wall cbasserwall@wsgr.com 

DeMaurice Fitzgerald Smith DeMaurice.Smith@lw.com 

Elliot Remsen Peters epeters@kvn.com, aap@kvn.com, efiling@kvn.com 

Eric L. Zagar ezagar@sbtklaw.com, der_filings@sbtklaw.com, kpopovich@sbtklaw.com,

rwinchester@sbtklaw.com 

Gregory Lewis Watts gwatts@wsgr.com, lbeltran@wsgr.com 

Jeffrey David Light jeffl@csgrr.com 

Jo W. Golub jgolub@kvn.com, efiling@kvn.com 

John Mark Potter johnpotter@quinnemanuel.com, amberburns@quinnemanuel.com,

matthewgardner@quinnemanuel.com, westonreid@quinnemanuel.com 

John P. Stigi , III jstigi@sheppardmullin.com, mvanterpool@sheppardmullin.com 

Joshua A. Reiten jreiten@howardrice.com, aaustin@howardrice.com 

N Scott Fletcher sfletcher@velaw.com, eklager@velaw.com, epannill@velaw.com 

Robert James Slaughter rjs@kvn.com, efiling@kvn.com, kjb@kvn.com, mls@kvn.com 

Robert S. Green CAND.USCOURTS@CLASSCOUNSEL.COM 

Rodney Grant Strickland , Jr rstrickland@wsgr.com 

Sarah A. Good sgood@howardrice.com, bhastings@howardrice.com 

Shawn A. Williams shawnw@csgrr.com, aelishb@csgrr.com, cwood@csgrr.com,

e_file_sd@csgrr.com, e_file_sf@csgrr.com, travisd@csgrr.com 

Travis E. Downs , III travisd@csgrr.com, e_file_sd@csgrr.com 

William M. Goodman wgoodman@kasowitz.com, dwestphal@kasowitz.com 

William S. Freeman freemanws@cooley.com, galancr@cooley.com 

Case 5:06-cv-03484-JF Document 125 Filed 10/09/08 Page 3 of 4
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Case No. C 06-3484 JF (PVT)

ORDER GRANTING PRELIMINARY APPROVAL OF SETTLEMENT

(JFLC2)

Heather M. McPhee

Patton Boggs, LLP

2550 M Street, N.W.

Washington, DC 20037

James H Miller 

Schriffrin Barroway Topaz & Kessler, LLP

280 King of Prussia Road

Radnor, PA 19087

Michael C. Holmes 

Vinson & Elkins, L.L.P.

1001 Fannin Street

2500 First City Tower

Houston, TX 77002

Sandra G. Smith 

Schiffrin Barroway Topaz & Kessler, LLP

280 King of Prussia Road

Radnor, PA 19087

Case 5:06-cv-03484-JF Document 125 Filed 10/09/08 Page 4 of 4