In Re: IPO Securities Lit., et al v. , et al, No. 1:2021mc00092 - Document 5869 (S.D.N.Y. 2009)

Court Description: MEMORANDUM OPINION AND ORDER #98219 ; Having reviewed the 9/10/09 Bechtold Objections in their entirety, I conclude that they do not provide grounds to modify the 10/5/09. Having already addressed these objections, I see no need to revisit them once again. The settlement amount was held to be reasonable in light of the expected recovery and attendant risks after a detailed and lengthy analysis in the 10/5/09 Opinion and the alleged mock trial results do not change that conclusion. Therefore, I conclude that the 9/10/09 Bechtold Objections do no change my opinion that the settlement is "fair, reasonable and adequate." (Signed by Judge Shira A. Scheindlin on 11/4/09) (sac) Modified on 11/6/2009 (eef).