Reichert
Reichert v. Juniper Networks, Inc.
Opinion
trial_court Opinion
1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 7 BRIAN REICHERT, et al., Case No. 21-cv-06213-JD
8 Plaintiffs,
ORDER RE FINAL SETTLEMENT
9 v. APPROVAL; ATTORNEY'S FEES AND
COSTS; AND CLASS
10 JUNIPER NETWORKS, INC., et al., REPRESENTATIVE AWARDS 11 Defendants.
12 13 This litigation arose out of alleged breaches of fiduciary duties by defendants Juniper 14 Networks, Inc., the Board of Directors of the Juniper Networks, Inc., and the Investment 15 Committee of Juniper Networks, Inc. (Defendants), relating to the management of the Juniper 16 Networks, Inc. 401(k) Plan, in violation of the Employee Retirement Income Security Act of 1974 17 (ERISA). Dkt. No. 38 (Am. Compl.). On September 15, 2022, the parties advised the Court that 18 they had reached a settlement. An application for preliminary approval of the settlement was 19 denied without prejudice, Dkt. No. 65, and a revised application was approved on September 15, 20 2023. Dkt. Nos. 70, 71. The Court held a fairness hearing on January 18, 2024, and no…