In Re: the Mills Corporation Securities Litigation 06-CV-00077-Lead
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Case 1:06-cv-00077-LO-TRJ Document 464 Filed 06/12/2009 Page 1 of 3 UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF VIRGINIA ALEXANDRIA DIVISION IN RE THE MILLS CORPORATION ) CIVIL ACTION NO. SECURITIES LITIGATION ) 1:06-cv-00077 (LO-TRJ) This Document relates to: ) 1:06-cv-00077 (LO-TRJ) ) 1:06-cv-00247 (LO-TRJ) ) 1:06-cv-00265 (LO-TRJ) ) 1:06-cv-00304 (LO-TRJ) ) 1:06-cv-01446 (LO/TRJ) ) 1:07-cv-00296 (LO/TRJ) ) LEAD PLAINTIFFS' MOTION FOR AN ORDER PRELIMINARILY APPROVING SETTLEMENTS WITH ERNST & YOUNG LLP AND THE KANAM DEFENDANTS, AND SETTING SETTLEMENT HEARING Lead Plaintiffs, Public Employees' Retirement System of Mississippi and Iowa Public Employees' Retirement System, upon the Stipulation and Agreement of Settlement dated June 11, 2009 (the "Stipulation") setting forth the terms of the proposed settlement with defendant Ernst & Young LLP ("E&Y"), attached hereto as Exhibit 1; upon the Stipulation and Agreement of Settlement dated June 11, 2009 (the "Stipulation") setting forth the terms of the proposed settlement with defendants KanAm Services, L.P., KanAm Management L.L.C., KanAm L.L.C., KanAm Providers, Inc., KanAm Realty, Inc., KanAm US, Inc., KanAm America, Inc., KanAm International GmbH, and KanAm Grund Kapitalanlagegesellschaft mbH (the "KanAm Defendants"), attached hereto as Exhibit 2; and upon the Memorandum of Law in Support of Lead Plaintiffs' Motion for an Order Preliminarily Approving Settlements with Ernst & Young LLP and the KanAm Defendants, and Setting Settlement Hearing, through their undersigned counsel, hereby move this Court for entry of an Order: (i) preliminarily approving the proposed settlements with E&Y and the KanAm Defendants; (ii) certifying the Class, for purposes of the Case 1:06-cv-00077-LO-TRJ Document 464 Filed 06/12/2009 Page 2 of 3 settlements with E&Y and the KanAm Defendants, pursuant to Rules 23(a) and (b)(3) of the Federal Rules of Civil Procedure; (iii) approving the proposed form of mail and publication notice, which will provide Class Members with information concerning the settlements with E&Y and the KanAm Defendants, as well as information concerning the settlement with defendants The Mills Corporation and The Mills Limited Partnership (collectively, the "Mills Defendants") that was preliminary approved by the Court's Order dated March 4, 2009; and (iv) scheduling a final settlement hearing to consider the proposed settlements with the Mills Defendants, E&Y and the KanAm Defendants. For the reasons set forth in Lead Plaintiffs' Memorandum of Law, Lead Plaintiffs respectfully request that the Court grant preliminary approval of the proposed settlements with E&Y and the KanAm Defendants, and direct that notice of the settlements with the Mills Defendants, E&Y, and the KanAm Defendants be provided to the Class. A proposed Order granting the relief requested herein is attached hereto as Exhibit 3. Dated: June 12, 2009 COHEN, MILSTEIN, SELLERS & TOLL, P.L.L.C. /s/ Steven J. Toll Steven J. Toll (Va. Bar No. 15,300) Daniel S. Sommers 1100 New York Ave., NW Suite 500, West Tower Washington, DC 20005-3965 Phone: (202) 408-4600 Fax: (202) 408-4699 [email protected] Liaison Counsel for the Class 2 Case 1:06-cv-00077-LO-TRJ Document 464 Filed 06/12/2009 Page 3 of 3 BERNSTEIN LITOWITZ BERGER BARRACK, RODOS & BACINE & GROSSMANN LLP Jeffrey W. Golan Max W. Berger Jeffrey B. Gittleman Steven B. Singer Chad A. Carder Hannah Greenwald Ross Lisa M. Lamb Laura H. Gundersheim 3300 Two Commerce Square 1285 Avenue of the Americas 2001 Market Street New York, NY 10019 Philadelphia, PA 19103 Phone: (212) 554-1400 Phone: (215) 963-0600 Fax: (212) 554-1444 Fax: (215) 963-0838 Attorneys for the Public Employees' Retirement Attorneys for the Iowa Public Employees' System of Mississippi Retirement System Co-Lead Counsel for Plaintiffs and the Class #372366.1 3 Case 1:06-cv-00077-LO-TRJ Document 464-2 Filed 06/12/2009 Page 1 of 5 CERTIFICATE OF SERVICE The undersigned hereby certifies that on June 12, 2009, true and correct copies of Lead Plaintiffs’ Motion for an Order Preliminarily Approving Settlements with Ernst & Young LLP and the Kanam Defendants, and Setting Settlement Hearing, and the accompanying Exhibits and Proposed Order were served by electronic mail upon the counsel listed below. BERNSTEIN LITOWITZ BERGER BARRACK, RODOS & BACINE & GROSSMANN LLP Jeffrey W. Golan Steven B. Singer Jeffrey B. Gittleman Hannah Greenwald Ross Chad A. Carder Laura H. Gundersheim Lisa M. Lamb 1285 Avenue of the Americas 3300 Two Commerce Square 38th Floor 2001 Market Street New York, NY 10019 Philadelphia, PA 19103 Phone: (212) 554-1400 Phone: (215) 963-0600 Fax: (212) 554-1444 Fax: (215) 963-0838 [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] [email protected] Attorneys for the Public Employees’ Attorneys for the Iowa Public Employees’ Retirement System of Mississippi and Co-Lead Retirement System and Co-Lead Counsel for Counsel for Plaintiffs and the Class Plaintiffs and the Class COHEN MILSTEIN SELLERS & TOLL, PLLC Steven J. Toll Daniel S. Sommers 1100 New York Ave., NW Suite 500, West Tower Washington, DC 20005-3965 Phone: (202) 408-4600 Fax : (202) 408-4699 [email protected] [email protected] Liaison Counsel for the Class Case 1:06-cv-00077-LO-TRJ Document 464-2 Filed 06/12/2009 Page 2 of 5 HOGAN & HARTSON, LLP MCGUIRE WOODS LLP N. Thomas Connally, III Charles Wm. McIntyre Jon M. Talotta 1050 Connecticut Ave., NW, 8300 Greensboro Dr. Suite 1100 Suite 1200 McLean, VA 22102 Washington, DC 20036-5317 Phone: (703) 610-6100 Phone: (202) 857-1715 Fax: (703) 610-6200 Fax: (202) 857-1737 [email protected] [email protected] [email protected] -and- -and- Sean F. Murphy George H. Mernick, III 1750 Tysons Boulevard, Suite 1800 Joseph M. Hassett McLean, VA 22102-4215 555 13th Street, N.W. Phone: (703) 712-5000 Washington, DC 20004 Fax: (703) 712-5243 Phone: (202) 637-5600 [email protected] Fax: (202) 637-5910 [email protected] -and- [email protected] K. Lorraine Lord -and- One James Center 901 East Cary Street David F. Wertheimer Richmond, VA 23219 875 Third Avenue Phone: (804) 775-1000 New York, NY 10022 Fax: (804) 698-2260 Phone: 212-918-3000 [email protected] Fax: 212-918-3100 [email protected] Counsel for Defendant James F. Dausch Counsel for Defendants The Mills Corporation and The Mills Limited Partnership 2 Case 1:06-cv-00077-LO-TRJ Document 464-2 Filed 06/12/2009 Page 3 of 5 HUGHES HUBBARD & REED LLP JONES DAY Dennis S. Klein Edwin L. Fountain Robert M. Kennedy, Jr. Sheila L. Shadmand William R. Stein 51 Louisiana Ave., NW Roberta Koss Washington, DC 20001 1775 I Street, NW Phone: (202) 879-3939 Washington, DC 20006-2401 Fax: (202) 626-1700 Phone: (202) 721-4600 [email protected] [email protected] [email protected] [email protected] [email protected] -and- [email protected] Michael J. McConnell -and- 1420 Peachtree Street, N.E., Suite 800 Atlanta, GA 30309-3053 Jeffrey M. Greilsheimer Phone: (404) 521-3939 Kenneth M. Katz Fax: (404) 581-8330 One Battery Park Plaza [email protected] New York, NY 10004 Phone: (212) 837-6000 Counsel for Defendant Laurence C. Siegel Fax: (212) 422-4726 [email protected] [email protected] Counsel for Defendant Ernst & Young LLP KIRKPATRICK & LOCKHART WILMER CUTLER PICKERING HALE & PRESTON GATES ELLIS LLP DORR LLP Charles Lee Eisen John A. Valentine Nicholas G. Terris Melanie D. Coates Shanda N. Hastings Katherine Zucca 1601 K Street, NW Marc E. Johnson Washington, DC 20006-1600 1875 Pennsylvania Ave., NW Phone: (202) 778-9000 Washington, DC 20006 Fax: (202) 778-9100 Phone: (202) 663-6000 [email protected] Fax: (202) 663-6363 [email protected] [email protected] [email protected] [email protected] [email protected] Counsel for Defendant Mary Jane Morrow [email protected] Counsel for Defendant Kenneth R. Parent 3 Case 1:06-cv-00077-LO-TRJ Document 464-2 Filed 06/12/2009 Page 4 of 5 COVINGTON & BURLING LLP LATHAM & WATKINS LLP Hope Hamilton Laurie Beth Smilan 1201 Pennsylvania Ave., NW 11955 Freedom Drive, Suite 500 Washington, DC 20004 Reston, VA 20191 Phone: (202) 662-6000 Phone: (703) 456-1000 Fax: (202) 778-5529 Fax: (703) 456-1001 [email protected] [email protected] -and- -and- C. William Phillips David A. Becker Olivia Radin 555 Eleventh Street, NW Suite 1000 620 Eighth Avenue Washington, DC New York, NY 10018 Phone: (202) 637-2174 Phone: (212) 841-1000 Fax: (202) 637-2201 Fax: (212) 841-1010 [email protected] [email protected] [email protected] Counsel for Defendants Charles Black, Harry Nick; John M. Ingram; Joseph Gildenhorn; Counsel for Defendant Nicholas McDonough Robert Pincus and Cristina Rose DAVIS POLK & WARDWELL TROUT CACHERIS, PLLC Lawrence Portnoy Amy Berman Jackson Charles S. Duggan John Thorpe Richards, Jr. Daniel F. Schubert 1350 Connecticut Ave., NW, Suite 300 Brenda E. Lee Washington, DC 20036 450 Lexington Avenue Phone: (202) 464-3300 New York, NY Fax: (202) 464-3319 Phone: (212) 450-4000 [email protected] Fax: (212) 450-3800 [email protected] [email protected] [email protected] Counsel for Defendants Merrill Lynch, Pierce, [email protected] Fenner & Smith Incorporated; Morgan Stanley [email protected] & Co. Incorporated; Wachovia Capital Markets, LLC; RBC Capital Markets Counsel for Defendants Merrill Lynch, Pierce, Corporation Fenner & Smith Incorporated; Morgan Stanley & Co. Incorporated; Wachovia Capital Markets, LLC; RBC Capital Markets Corporation 4 Case 1:06-cv-00077-LO-TRJ Document 464-2 Filed 06/12/2009 Page 5 of 5 ARNOLD & PORTER LLP Nicholas M.