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Case 2:12-cv-14333-JEM Document 116 Entered on FLSD Docket 04/12/2017 Page 1 of 3

UN ITED STA TES DISTRICT COU RT FO R TH E


SOUTHERN DISTRICT OF FLORIDA
Ft.Pierce D ivision
C ase Num ber: 12-14333-ClV -M A R TIN EZ-LY N CH

ln re DigitalDom ain M edia G roup,Inc.


Securities L'
itigation

ORDER AW ARDING ATTORNEY S'FEES.REIM BURSEM ENT OF LITIGATION


EXPENSES.AND SERVICE AW ARDS TO PLAINTIFFS

Thism atlercam ebeforetheCourtforheafingpursuanttotheOrderPrelim inarilyApproving

SettlementandProvidingforNotice($:Order'')datedJuly25,2016,onPlaintiffs'M otionForAnd
lncorporated M em orandum OfLaw ln SupportOfAn A w ard OfAttolm eys'Fees,R eim bursem ent

OfLitigation Expenses,And ServiceAwardsToPlaintiffs (D.E.No.113). The Courthaving


considered a11m atterssubm itted to itatthe Settlem entH earing and otherwise,

IT IS H ER EBY O R DER ED A S FO LLO W S,AD JU D G ED A N D D EC REE D that:

ThisOrderincop oratesby reference the detinitionsin the Stipulation ofSettlem ent

filedwiththeCourtonJune 17,2016(Cistipulation''),unlessotherwisesetforthherein.
2. The Court has jurisdiction to enter this Order Awarding Attorneys' Fees,
Reim bursem entofLitigation Expenses,and ServiceAwardsto Plaintiffs.

3. N otice ofCo-taead Counsel's application forattorneys'fees and reim bursem entof

litigationexpensesandserviceawardswasgiventoal1ClassM emberswhocouldbeidentifiedwith

reasonableeffol'
t.Thefol'
m andm ethodofnotifyingtheClassofthemotion forattorneys'feesand

expensesm ettherequirelnentsofdueprocess,Rule 23 oftheFederalRulesofCivilProcedure,and

Section 27 oftheSecuritiesActof1933,15 U.S.C. j77z-1(a)(7)and Section21D(a)(7)ofthe


SecuritiesExchangeActof1934,15 U.S.C.j78u-4(a)(7),asamendedbythePrivate Securities
Case 2:12-cv-14333-JEM Document 116 Entered on FLSD Docket 04/12/2017 Page 2 of 3

Litigation Reform Actof1995,andconstitutedthebestnoticepracticableunderthecircum stances,

and constituted due and sufficientnotice to allpersons alld entities entitled thereto.

4. Co-Lead Counselare hereby awarded attorneys'feesin the amountof33% ofthe

SettlementFund,with interestthereon,which sum the Courtfindsto be fairand reasonable,and

$76,018 inreimblzrsem entoflitigationexpenses,which expensesshallbepaidfrom theSettlement

Fund.

ln m aking thisaward ofattorneys'feesand reimbtlrsem entofexpensesto bepaid

from the Settlem entFund,the Coul'thas considered and fotm d that:

a) TheSettlementshavecreatedatotalsettlementfundof$5.5millionincash,andthat
numerousClassM em berswho submitacceptableProofsofClaim willbenefitfrom .

the Settlem entcreated by the efforts ofCo-lsead Counsel;

b) Thefeesoughtby Co-tveadCounselhasbeen reviewed and approved asfairand


reasonable by the Court-appointed Lead Plaintiffs'
,

c) To date,over 8,000 copies ofthe Notice were disseminated to putative Class


M em bersstating thatLead Cotm selw erem oving forattorneys'feesin an nm ountnot

to exceed 33% ofthe Settlem entFund;reimbursem entof expenses incurred in

connection with theprosecution ofthisaction in an nmotmtnotto exceed $90,000

andforserviceawards,inamountsnottoexceed$5,000each,fortheLeadPlaintiffs,

andnoClassM emberobjectedtoCo-LeadCotmsels'feeandexpenserequestorto
the requestfor service aw ards.

d) Co-Lead Counselhaveconductedthelitigation and achievedthe Setllvmentwith


skill,perseverance,and diligentadvocacy;

e) The action involves complex factualand legalissues and,in the absence of


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Case 2:12-cv-14333-JEM Document 116 Entered on FLSD Docket 04/12/2017 Page 3 of 3

settlement,would involve lengthy proceedings with uncertain resolution of the

com plex factualand legalissues;

t) HadtheSettlementsnotbeen achieved,therewould remain asignificantrisk that


Lead Plaintiffs and the other m em bers of the Class m ay have recovered less or

nothing from theDefendants;and

g) Theamountofattom eys'feesawardedandexpensesreimbursedfrom theSetllement


Fund arefairand reasonable and consistentwith awardsin sim ilarcases.

6. LeadPlaintiffsareeachawarded$5,000forreim bursem entoftheirtim eandexpenses

incurred in litigating this Action.

A ny appealorany challengeaffecting thisCourt'sapprovalregarding any attorneys'

feesandexpenseapplication shallinnowaydisturb oraffectthefinalityofthejudgment.


8. ExclusivejurisdictionisherebyretainedoverthepartiesandtheClassM embersfor
a1l m atters relating to this action,including the adm inistration, intep retation,effectuation,or

enforcem ent ofthe Stipulation and this Order,including any further application for fees and

expensesincurred in corm ection w ith adm inistering and distributing the settlem entproceedsto the

m em bers ofthe Class.

DONEAND ORDEREDinChambersatMiami,Florida,this 19 dayofApril,2017.

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JO SE E RTIN EZ
U N ITE STATES D ISTRJ'T JU D GE

Copiesprovided to:
ChiefM agistrate Judge Lynch
Al1CounselofRecord

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