Citations

Full opinion text

OPINION OF THE COURT

BECKER, Circuit Judge.

TABLE OF CONTENTS

180 I. Introduction and Overview.

TT. Facts. ...

A. The Suit, Settlement, and Initial Fee Award. I — 1 00 to

B. The Excluded Firms. h-1 00 W

C. The Post-April 15 Purchasers. h-* 00 ^

D. The Plan of Allocation. ) — 1 CO Cn

III. Jurisdiction and Standard of Review . ZO 00

IY. Legal Background. CO CO rH

A. The Common Fund Doctrine. 00 rH

1. The Role of the Courts in Common Fund Cases .. 00 t-H

2. Awarding Fees Under the Common Fund Doctrine 05 00 rH

B. The PSLRA. H Oi rH

1. The PSLRA Lead Plaintiff. H 05 t-H

2. The Choice of Lead Counsel. OJ O) i — I

Y. The Common Fund Doctrine After the PSLRA. 05 t-H

A. Before Appointment of Lead Plaintiff. 05 t-H

1. Pre-Appointment Work Generally. 05 i — I

2. Compensation for Filing Complaints . 05 rH

B. After Appointment of Lead Plaintiff. 05 rH

1. In General. 05 t-H

2. Representation of Individual Class Members. (N3

3. Representation of Uncertified Subclasses. 03

VI. The Finkelstein, Thompson & Loughran Appeal. ^ 05