Preis v. Hitachi, Ltd. et al, No. 4:2010cv00346 - Document 38 (N.D. Cal. 2010)
Court Description: FINAL JUDGMENT OF DISMISSAL WITH PREJUDICE AS TO DEFENDANTS MITSUBISHI ELECTRIC CORPORATION AND MITSUBISHI ELECTRIC AND ELECTRONICS USA, INC. Signed by Judge Phyllis J. Hamilton on 10/27/10. (nah, COURT STAFF) (Filed on 10/27/2010)
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Preis v. Hitachi, Ltd. et al Doc. 38 1 2 3 4 5 6 7 8 9 10 11 12 UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA OAKLAND DIVISION 13 14 15 16 IN RE DYNAMIC RANDOM ACCESS MEMORY (DRAM) ANTITRUST LITIGATION 17 18 19 20 21 22 This Document Relates to: Preis et al. v. Hitachi, Ltd., et al., Case No. CV 10-0346 PJH Master File No. M-02-1486PJH MDL No. 1486 FINAL JUDGMENT OF DISMISSAL WITH PREJUDICE AS TO DEFENDANTS MITSUBISH ELECTRIC CORPORATION AND MITSUBISHI ELECTRIC AND ELECTRONICS USA, INC. Time: 9:00 a.m. Date: October 27, 2010 Judge: Hon. Phyllis J. Hamilton Courtroom: 3 23 24 25 26 27 28 FINAL JUDGMENT OF DISMISSAL WITH PREJUDICE AS TODEFENDANTS MITSUBISH ELECTRIC CORPORATION AND MITSUBISHI ELECTRIC AND ELECTRONICS USA, INC. - Master File No. M-02-1486 PJH Dockets.Justia.com 1 This matter has come before the Court to determine whether there is any cause why this 2 Court should not approve the settlement with Defendants Mitsubishi Electric Corporation and 3 Mitsubishi Electric and Electronics USA, Inc. (collectively, “Defendants”) set forth in the 4 Settlement Agreement (“Agreement”), dated October 31, 2008, relating to the above-captioned 5 litigation. The Court, after carefully considering all papers filed and proceedings held herein and 6 otherwise being fully informed in the premises, has determined (1) that the Settlement should be 7 approved, and (2) that there is no just reason for delay of the entry of this Final Judgment 8 approving this Agreement. Accordingly, the Court directs entry of Judgment which shall constitute 9 a final adjudication of this case on the merits as to the parties to the Agreement. Good cause 10 appearing therefor, it is: 11 ORDERED, ADJUDGED AND DECREED THAT: 12 1. The Court has jurisdiction over the subject matter of this litigation, and all actions 13 within this litigation and over the parties to the Agreement, including all members of the Class and 14 the Defendants. 15 2. 16 17 The definitions of terms set forth in the Agreement are incorporated hereby as though fully set forth in this Judgment. 3. The Court hereby finally approves and confirms the settlement set forth in the 18 Agreement and finds that said settlement is, in all respects, fair, reasonable and adequate to the 19 Class pursuant to Rule 23 of the Federal Rules of Civil Procedure. 20 4. Pursuant to Fed. R. Civ. P. 23(g), Co-Lead Counsel, previously appointed by the 21 Court (Saveri & Saveri Inc., Hagens Berman Sobol Shapiro LLP, Wolf, Haldenstein, Adler, 22 Freeman & Herz), are appointed as counsel for the Class. These firms have, and will fairly and 23 competently represent the interests of the Class. 24 5. The persons/entities identified on Exhibit E to the Declaration of Robin Niemiec 25 filed on August 30, 2010 have timely and validly requested exclusion from the Class and, 26 therefore, are excluded. Such persons/entities are not included in or bound by this Final Judgment. 27 Such persons/entities are not entitled to any recovery for the settlement proceeds obtained through 28 this settlement. FINAL JUDGMENT OF DISMISSAL WITH PREJUDICE AS TODEFENDANTS MITSUBISH ELECTRIC CORPORATION AND MITSUBISHI ELECTRIC AND ELECTRONICS USA, INC. - Master File No. M-02-1486 PJH 1 1 2 3 6. This Court hereby dismisses on the merits and with prejudice the Action in favor of Defendant, with each party to bear their own costs and attorneys’ fees. 7. All persons and entities who are Releasors are hereby barred and enjoined from 4 commencing, prosecuting or continuing, either directly or indirectly, against the Mitsubishi 5 Releasees, in this or any other jurisdiction, any and all claims, causes of action or lawsuits, which 6 they had, have, or in the future may have, arising out of or related to any of the settled claims as 7 defined in the Agreement. 8 9 10 11 8. The Mitsubishi Releasees are hereby and forever released and discharged with respect to any and all claims or causes of action which the Releasors had or have arising out of or related to any of the settled claims as defined in the Agreement. 9. The notice given to the Class of the settlement set forth in the Agreement and the 12 other matters set forth herein was the best notice practicable under the circumstances, including 13 individual notice to all members of the Class who could be identified through reasonable efforts. 14 Said notice provided due and adequate notice of those proceedings and of the maters set forth 15 therein, including the proposed settlement set forth in the Agreement, to all persons entitled to such 16 notice, and said notice fully satisfied the requirements of Rules 23(c)(2) and 23(e)(1) of the Federal 17 Rules of Civil Procedure and the requirements of due process. 18 10. Without affecting the finality of this Judgment in any way, this Court hereby retains 19 continuing jurisdiction over: (a) implementation of this settlement and any distribution to Class 20 Members pursuant to further orders of this Court; (b) disposition of the Settlement Fund (c) hearing 21 and determining applications by plaintiff for attorneys’ fees, costs, expenses, and interest; (d) the 22 Action until the Final Judgment contemplated hereby has become effective and each and every act 23 agreed to be performed by the parties all have been performed pursuant to the Agreement; (e) 24 hearing and ruling on any matters relating to the plan of allocation of settlement proceeds; and (f) 25 all parties to the Action and Releasors for the purpose of enforcing and administering the 26 Agreement and the mutual releases and other documents contemplated by, or executed in 27 connection with the Agreement. 28 FINAL JUDGMENT OF DISMISSAL WITH PREJUDICE AS TODEFENDANTS MITSUBISH ELECTRIC CORPORATION AND MITSUBISHI ELECTRIC AND ELECTRONICS USA, INC. - Master File No. M-02-1486 PJH 2 1 12. In the event that the settlement does not become effective in accordance with the 2 terms of the Agreement, then the Judgment shall be rendered null and void and shall be vacated, 3 and in such event, all orders entered and releases delivered in connection herewith shall be null and 4 void and the parties shall be returned to their respective positions ex ante. 5 13. The Court finds, pursuant to Rules 54(a) and (b) of the Federal Rules of Civil 6 Procedure, that this Final Judgment should be entered and further finds that there is no just reason 7 for delay in the entry of this Judgment, as a Final Judgment, as to the parties to the Agreement. 8 Accordingly, the Clerk is hereby directed to enter Judgment forthwith. 9 ISTRIC ES D T T C ____________________________________________ TA RT U O October 27 Date: _________, 2010. S ER R NIA n Hamilto LI Judge P A H 14 RT 13 hyllis J. NO 12 The Honorable Phyllis J. Hamilton United States District ORDERED O Judge IT IS S UNIT ED 11 FO 10 N F D IS T IC T O R C 15 16 17 18 19 20 21 22 23 24 25 26 27 28 FINAL JUDGMENT OF DISMISSAL WITH PREJUDICE AS TODEFENDANTS MITSUBISH ELECTRIC CORPORATION AND MITSUBISHI ELECTRIC AND ELECTRONICS USA, INC. - Master File No. M-02-1486 PJH 3
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