Free Motion for Miscellaneous Relief - District Court of Connecticut - Connecticut

Case 3:02-cv-02133-EBB

Document 270

Filed 05/29/2008

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UNITED STATES DISTRICT COURT DISTRICT OF CONNECTICUT SHERRY SCHNALL, Individually and On Behalf of All Others Similarly Situated Plaintiff, v. ANNUITY AND LIFE RE (HODLINGS), LTD., et al., Defendants. ) ) ) ) ) ) ) ) ) ) Master File No. 02CV2133

LEAD PLAINTIFFS' MOTION FOR FINAL APPROVAL OF PROPOSEDCLASS ACTION SETTLEMENT, CLASS CERTIFICATION, AND PLAN OF ALLOCATION SCOTT + SCOTT, LLP David R. Scott 108 Norwich Avenue P.O. Box 192 Colchester, CT 06415 Tel: (860) 537-5537 Fax: (860) 537-4432 SCOTT + SCOTT, LLP Beth A. Kaswan 29 West 57th Street, 14th Floor New York, NY 10019 Tel: (212) 223-6444 Fax: (212) 223-6334 MILBERG WEISS LLP Barry A. Weprin Todd Kammerman One Pennsylvania Plaza New York, NY 10119 Tel: (212) 594-5300 Fax: (212) 868-1229

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Pursuant to Rule 23(e) of the Federal Rules of Civil Procedure, Lead Plaintiffs, by and through their counsel, hereby respectfully move this Court to grant final approval of the proposed $10.5 million cash settlement of this litigation against the remaining defendants, KPMG Bermuda. As set forth in detail in the accompanying Memorandum in Support of Final Approval of Proposed Class Action Settlement, Class Certification, and Plan of Allocation (the "Final Approval Memorandum"), and the Declaration of Beth A. Kaswan in Support of Proposed Class Action Settlement, Class Certification, Award of Fees and Expenses, and Plan of Allocation (the "Kaswan Declaration"), Lead Plaintiffs submit that the Settlement is an excellent recovery for the Class and worthy of immediate approval, that the Class meets all requirements for certification under the law, and that the proposed Plan of Allocation is equitable and just. Accordingly, Lead Plaintiffs respectfully request that the Court grant this motion in its entirety.

Dated:

May 29, 2008 /s/ David R. Scott SCOTT + SCOTT, LLP David R. Scott (CT 16080) 108 Norwich Avenue P.O. Box 192 Colchester, CT 06415 Telephone: (860) 537-5537 Facsimile: (860) 537-4432 SCOTT + SCOTT, LLP Beth A. Kaswan 29 West 57th Street, 14th Floor New York, NY 10019 Telephone: (212) 223-6444 Facsimile: (212) 223-6334 MILBERG WEISS LLP Barry A. Wepring Todd Kammerman One Pennsylvania Plaza 2

Case 3:02-cv-02133-EBB

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New York, NY 10119-0165 Telephone: (212) 594-5300 Facsimile: (212) 868-1229

Co-Lead Counsel For Class Plaintiffs

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Case 3:02-cv-02133-EBB

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CERTIFICATE OF SERVICE I hereby certify that on May 29, 2008, a copy of the foregoing was filed electronically and served by mail on anyone unable to accept electronic filing. Notice of this filing will be sent by e-mail to all parties by operation of the court's electronic filing system or by mail to anyone unable to accept electronic filing. The parties may access this filing through the court's CM/ECF System.

/s/ David R. Scott________ SCOTT + SCOTT, LLP David R. Scott (CT16080) 108 Norwich Avenue P.O. Box 192 Colchester, CT 06415 Tel: (860) 537-5537 Fax: (860) 537-4432 Co-Lead Counsel for Plaintiffs

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