4:20-cv-07835•York County on Behalf of the County of York Retirement Fund v. HP Inc. et al
York County on Behalf of the County of York Retirement Fund v. HP Inc. et al
4:20-cv-07835CandFeb 13, 2026
Full text
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA OAKLAND DIVISION YORK COUNTY ON BEHALF OF THE COUNTY OF YORK RETIREMENT FUND, Individually and on Behalf of All Others Similarly Situated, Plaintiff, vs. HP INC., et al., Defendants. ) ) ) ) ) ) ) ) ) ) ) ) ) Case No. 4:20-cv-07835-JSW (LJC) CLASS ACTION [PROPOSED] ORDER AWARDING ATTORNEYS’ FEES AND EXPENSES Case 4:20-cv-07835-JSW Document 122 Filed 02/13/26 Page 1 of 3
[PROPOSED] ORDER AWARDING ATTORNEYS’ FEES & EXPENSES - 4:20-cv-07835-JSW (LJC) - 1 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 This matter having come before the Court on February 13, 2026, on Lead Counsel’s motion for an award of attorneys’ fees and expenses (ECF 114) in the above-captioned action; the Court having considered all papers filed and proceedings conducted herein and otherwise being fully informed of the matters hereto and good cause appearing therefore; IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that: 1. For purposes of this Order, the terms used herein shall have the same meanings as set forth in the Stipulation of Settlement dated August 18, 2025 (the “Stipulation,” ECF 103-2). 2. This Court has jurisdiction over the subject matter of the Litigation and over all parties to the Litigation, including all Class Members. 3. Notice of Lead Counsel’s motion for attorneys’ fees and payment of expenses was given to all Class Members who could be identified with reasonable effort. The form and method of notifying the Class of the motion for attorneys’ fees and expenses met the requirements of Rules 23 and 54 of the Federal Rules of Civil Procedure, Section 21D(a)(7) of the Securities Exchange Act of 1934, 15 U.S.C. §78u-4(a)(7), as amended by the Private Securities Litigation Reform Act of 1995, due process, and any other applicable law, constituted the best notice practicable under the circumstances, and constituted due and sufficient notice to all persons and entities entitled thereto. 4. The Court hereby awards Lead Counsel attorneys’ fees of 30% of the Settlement Amount, plus expenses in the amount of $130,243.61, together with the interest earned thereon on both amounts for the same time period and at the same rate as that earned on the Settlement Fund until paid. The Court finds that the amount of fees awarded is fair and reasonable under the “percentage-of-recovery” method given the substantial risks of non-recovery, the contingent nature of the representation, awards in similar cases, the time and effort involved, the reaction from the Class, and the result obtained for the Class. See Vizcaino v. Microsoft Corp., 290 F.3d 1043, 1049- 50 (9th Cir. 2002). 5. The awarded attorneys’ fees and expenses and interest earned thereon shall be paid to Lead Counsel from the Settlement Fund immediately upon entry of the Judgment and this Order, subject to the terms, conditions, and obligations of the Stipulation, the terms, conditions, and obligations of which are incorporated herein. Case 4:20-cv-07835-JSW Document 122 Filed 02/13/26 Page 2 of 3
[PROPOSED] ORDER AWARDING ATTORNEYS’ FEES & EXPENSES - 4:20-cv-07835-JSW (LJC) - 2 - 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 6. In making this award of fees and expenses to Lead Counsel, the Court has considered and found that: (a) the Settlement has created a fund of $39,000,000 in cash that is already on deposit, and numerous Class Members who submit, or have submitted, valid Proof of Claim and Release forms will benefit from the Settlement created by Lead Counsel; (b) over 211,450 Summary Notices were disseminated to potential Class Members indicating that Lead Counsel would move for attorneys’ fees not to exceed 30% of the Settlement Amount and for expenses in an amount not to exceed $250,000, plus interest thereon, and no objections to the fees or expenses were filed by Class Members; (c) Lead Counsel pursued the Litigation and achieved the Settlement with skill, perseverance, and diligent advocacy; (d) Lead Counsel expended substantial time and effort pursuing the Litigation on behalf of the Class; (e) Lead Counsel pursued the Litigation on a contingent basis, having received no compensation during the Litigation, and any fee amount has been contingent on the result achieved; (f) the Litigation involves complex factual and legal issues and, in the absence of settlement, would involve lengthy proceedings whose resolution would be uncertain; (g) had Lead Counsel not achieved the Settlement, there would remain a significant risk that the Class may have recovered less or nothing from Defendants; (h) Lead Plaintiff, which is a sophisticated institutional investor, approved the amount of attorneys’ fees awarded as fair and reasonable; and (i) the attorneys’ fees and expenses awarded are fair and reasonable and consistent with awards in similar cases within the Ninth Circuit. IT IS SO ORDERED. DATED: _________________________ _______________________________________ THE HONORABLE JEFFREY S. WHITE SENIOR UNITED STATES DISTRICT JUDGE February 13, 2026 Case 4:20-cv-07835-JSW Document 122 Filed 02/13/26 Page 3 of 3
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