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Securities/Commodities | New York Southern
Order
ORDER APPROVING DISTRIBUTION PLAN granting 172 Motion for Disbursement of Funds. Lead Plaintiff's plan for distribution of the Net Settlement Fund to Authorized Claimants is APPROVED. Accordingly: (a) The administrative determinations of t he Court-approved Claims Administrator, Angeion Group ("Angeion"), to accept the Timely Eligible Claims set forth in Exhibit C, Part One to the Cody Declaration and the Late but Otherwise Eligible Claims set forth in Exhibit C, Part Two t o the Cody Declaration, are adopted. (b) The Claims Administrator's administrative determinations to reject the Rejected Claims, as set forth in Exhibit C, Part Three to the Cody Declaration, are adopted, as further set forth herein. Angeion will calculate award amounts to all Authorized Claimants from the Net Settlement Fund. Pursuant to the terms of the Plan of Allocation, Angeion will eliminate any Authorized Claimant whose award amount is calculated to be less than $10.00. Suc h Authorized Claimants will not receive any distribution from the Net Settlement Fund. 4. The Court finds that the administration of the Settlement and the proposed distribution of the Net Settlement Fund comply with the terms of the Stipulati on and Plan of Allocation approved by this Court and that all persons involved in the review, verification, calculation, tabulation, or any other aspect of the processing of the Claims submitted, or who are otherwise involved in the administration or taxation of the Settlement Fund or the Net Settlement Fund, are hereby released and discharged from any and all claims arising out of that involvement, and all Settlement Class Members and other Claimants, whether or not they receive payment f rom the Net Settlement Fund, are hereby barred from making any further claims against the Net Settlement Fund, Lead Plaintiff, Lead Counsel, the Claims Administrator, the Escrow Agent or any other agent retained by Lead Plaintiff or Lead Counsel in connection with the administration or taxation of the Settlement Fund or the Net Settlement Fund, Defendants' Releasees and/or their respective counsel (including Defendants' Counsel), or any other person released under the Settlement be yond the amounts allocated to Authorized Claimants. 5. All of Angeion Group's fees and expenses incurred in the administration of the Settlement and estimated to be incurred in connection with the Initial Distribution of the Net Settlement Fund are approved, and Lead Counsel are directed to pay the outstanding balance of $21,193.30 out of the Settlement Fund to Angeion Group. 6. Unless otherwise ordered by the Court, Angeion Group may destroy the paper copies of the Claims and all supporting documentation one year after the Initial Distribution, and one year after all funds have been distributed may destroy the electronic copies of the same. 7. This Court retains jurisdiction to consider any further applications concerning the administration of the Settlement, and any other and further relief that this Court deems appropriate. SO ORDERED. (Signed by Judge J. Paul Oetken on 10/22/2025) (vfr)
Disbursement of Funds
MOTION for Disbursement of Funds [Lead Plaintiff's Motion for Approval of Distribution Plan]. Document filed by CJD Property Finance Company, LLC. (Attachments: # 1 Proposed Order [Proposed] Order Approving Distribution Plan).(Ngo, Ivy)
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