In re Broadcom Corporation Class Action Litigation (Bakshi v. Henry Samueli et al)

Case # 06-cv-05036
Case Name In re Broadcom Corporation Class Action Litigation (Bakshi v. Henry Samueli et al)
Jurisdiction US District Court for C.D. CA
Summary

Plaintiffs allege that Defendant Broadcom (including co-founders Henry Samueli and Henry T. Nicholas) conspired to inflate Broadcom's stock price.

Class members: those who purchased common stock in Broadcom Corporation between July 21, 2005 and July 13, 2006.

Final Approval Date 08/11/2010
Result
  1. Objection was overruled in its entirely.
  2. Smokestack Lightening Ltd "Marisco" is required to post a $10,000 appeal bond.
  3. Smokestack Lightening (through Attorney Palmer) appealed the ruling.
Dismissal of Last Appeal 11/4/2010
Attachments Consolidated Class Action Complaint.pdf
Preliminary Approval Order.pdf
Final Approval.pdf
Docket Report.pdf
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Objection of Smokestack Lightening Ltd "Marisco"

Objectors Smokestack Lightening Ltd "Marisco"
Signers Joseph Darrell Palmer
Attorneys Joseph Darrell Palmer
Janine Menhennet
Summary
  1. De minimis provisions may prevent some class members from receiving any compensation.
  2. Attorneys' fees are excessive and arbitrary.
  3. The lodestar should be reduced.
  4. Smokestack Lightening (through Attorney Palmer) appealed both the dismissal of their appeal (along with the appeal bond) and the award of attorneys' fees.
  5. Filing fees for these appeals were not paid in a timely fashion but ultimately, the appeal was voluntarily dismissed.
Attachments Objection of Smokestack Lightening LTD.pdf
Dismissal of Objection.pdf
Appeal of Smokestack Lightening - Dismissal of Objection.pdf
Appeal of Smokestack Lightening - Award of Attorneys' Fees.pdf
Consolidation of Appeals.pdf
Stipulation of Dismissal of Smokestack Appeal.pdf
Smokestack Lightening Appeal Docket.pdf
Dismissal of Appeal.pdf
Added to Index
Last Updated