Free Status Report - District Court of Colorado - Colorado

Case 1:04-cv-01006-RPM

Document 279-4

Filed 12/14/2007

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IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO

SPECIAL SITUATIONS FUND III, L.P., SPECIAL SITUATIONS CAYMAN FUND, L.P., SPECIAL SITUATIONS TECHNOLOGY FUND NEW, L.P., and SPECIAL SITUATIONS TECHNOLOGY FUND II, L.P., on behalf of themselves and others similarly situated, Plaintiffs, v. QUOVADX, INC., LORINE R. SWEENEY, GARY T. SCHERPING, JEFFREY M. KRAUSS, FRED L. BROWN, J. ANDREW COWHERD, JAMES B. HOOVER, CHARLES J. ROESSLEIN, and JAMES A. GILBERT, Defendants.

Civil Action No. 1:04-cv-01006-RPM

[PROPOSED] ORDER REGARDING DISPOSITION OF SETTLEMENT FUND & REQUEST FOR REIMBURSEMENT OF EXPENSES

This matter having come before the Court by Lead Counsel through its Supplemental Status Report and Request for Reimbursement of Additional Expenses dated December 11, 2007; and the Court having reviewed and considered the Lead Counsel's submission and the declarations of Michelle LaCount and Lawrence M. Rolnick; and for good cause shown: IT IS hereby ORDERED that: 1. All Claimants, whether or not they are to receive payment from the Net Settlement

Fund, are hereby barred from making any further claim against the Net Settlement Fund or the

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Case 1:04-cv-01006-RPM

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Released Parties beyond the amount allocated to them by the Settlement Agreement as approved by the Court; 2. rejected. 3. denied. 4. Lead Counsel is permitted to transfer the Net Settlement Fund and the Class All objections received after entry of this Order are deemed to be automatically All claims received after entry of this Order are deemed to be automatically

Notice and Administration Fund to a settlement fund trust account from which payments will be made by the Claims Administrator to authorized claimants pursuant to the Plan of Allocation. 5. The Claims Administrator is permitted to destroy paper copies of Claim Forms

filed with it one year after the final distribution and is permitted to destroy electronic copies of claim records three years after the final distribution.

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Case 1:04-cv-01006-RPM

Document 279-4

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6.

$4,816.84 is an appropriate and reasonable amount for reimbursement of expenses

by Lead Counsel and, therefore, Lead Counsel is authorized to withdraw such sum from the Net Settlement Fund.

IT IS SO ORDERED.

Dated: _________ ____, 2007

_________________________________ HONORABLE RICHARD P. MATSCH United States District Judge Submitted by: LOWENSTEIN SANDLER P.C. Lawrence M. Rolnick, Esq. (LR-0546) 65 Livingston Avenue Roseland, NJ 07068-1791 Tel. 973.597.2450 Fax. 973.597.2451 Lead Plaintiffs' Counsel

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