"It seems to me to be an excellent settlement in light of all the circumstances." Plaintiffs' counsel got "a result that I think is very fortunate for the class…"
"…it's always a pleasure for judges to have excellent counsel appear before them … And I just want to comment, Ms. Rifkin, you and your colleagues, … I just appreciate - - it's always been a pleasure to have you in this courtroom, to have you help me help you resolve your matters. I just want to thank you for your efforts here, and I appreciate it."
"The quality of representation by the Derivative Plaintiffs’ Counsel was witnessed first hand by this Court through their articulate, high quality, and successful pleadings. Moreover, as shown by their excellent efforts in this case, Derivative Plaintiffs’ Counsel are dedicated to vindicating the rights of shareholders …"
"I think the plaintiffs and their counsel did a good job pressing forward with this action and achieving a good result…. I think that all in all, [$16.25 million] is a good value, a significant benefit for the company."
"I think you’ve actually set the bar kind of high for future settlements. This looks like an excellent result for the various class members in both the derivative action and the other action…. And it’s to the credit of the lawyers that they were able to achieve this result before a lot of discovery and a lot of expenses were undertaken …. And so, I would be quite delighted and satisfied to make the necessary findings that this is an excellent settlement for plaintiffs."
"Class counsel is highly experienced in bringing both class actions and derivative claims” and have “a nationwide reputation for handling shareholder derivative litigation, various class actions, and complex litigation…. Throughout the litigation, [class counsel] has shown themselves to be capable and qualified to represent the class."
"The court also notes that the settlement appears to place the shareholders in a much better position than that which existed prior to the beginning of this litigation."
"I have high regard for... your firm."
"[W]e had … competent counsel who were able to reach a very handsome settlement for the shareholders who were working here on behalf of the shareholders' interests."
"Thank you very much for the good work that you all did. And I think that your stockholders will appreciate it, too."
"I think y'all have done a great job pulling this thing together. It was complicated, it was drawn out, and a lot of work clearly went into this…. I'll approve this settlement. I appreciate the work you all did on this. I think this is one where – I can't always say this … there is … benefit to the shareholders that are above and beyond money, a benefit to the company above and beyond money that changed hands."
"Thank you for your good work on behalf of your clients. I appreciate it."
"I want to tell you what a pleasure it is dealing with talented counsel.… Thank you very much."
"Robbins LLP's lawyers proved 'competent, experienced, [and] trustworthy.'"
"...this recovery is a strong recovery for the class. And it's one, again, that I think counsel should be commended for achieving."