District Court, S.D. New York June 17, 2010, Master File 21 MC 92(SAS) (In Re Initial Public Offering Securities Litigation)

OPINION AND ORDER

SHIRA A. SCHEINDLIN, District Judge:

I. INTRODUCTION

On October 5, 2009, this Court granted final approval of a $586 million Stipulation and Agreement of Settlement, providing closure to almost ten years of litigation involving 309 consolidated actions, fifty-five investment banks, thousands of individual defendants, and more than seven million potential class members (“October