Pension Trust Fund For Operating Engineers v. DeVry Education Group, Inc. et al

Northern District of Illinois, ilnd-1:2016-cv-05198

ORDER Granting the Motion of the Utah Retirement Systems for Appointment as Lead Plaintiff and Approval of its Selection of Counsel. Signed by the Honorable Jorge L. Alonso on 8/24/2016. Notice mailed by judge's staff

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Case: 1:16-cv-05198 Document #: 37 Filed: 08/24/16 Page 1 of 2 PageID #:249 UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF ILLINOIS EASTERN DIVISION PENSION TRUST FUND FOR OPERATING ENGINEERS, Individually and on Behalf of All No. 1:16-CV-05198 Others Similarly Situated, Hon. Jorge L. Alonso Plaintiff, v. DEVRY EDUCATION GROUP, INC., DANIEL HAMBURGER, RICHARD M. GUNST, AND TIMOTHY J. WIGGINS, Defendants. ORDER GRANTING THE MOTION OF THE UTAH RETIREMENT SYSTEMS FOR APPOINTMENT AS LEAD PLAINTIFF AND APPROVAL OF ITS SELECTION OF COUNSEL Having considered the Motion of the Utah Retirement Systems ("URS") for appointment as Lead Plaintiff and approval of its selection of counsel, pursuant to Section 21D(a)(3)(B) of the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act (the "PSLRA"), 15 U.S.C. § 78u-4(a)(3)(B), and for good cause appearing therefor, the Court hereby enters the following Order. 1. URS has moved this Court to be appointed as Lead Plaintiff in this class action and to approve its selection of Lead Counsel and Liaison Counsel for the putative class. 2. Having considered the provisions of § 21D(a)(3)(B) of the PSLRA, 15 U.S.C. § 78u-4(a)(3)(B), as well as URS's motion, its supporting memorandum, and all other pleadings, documents and argument submitted to this Court by all parties, the Court hereby determines that URS is the most adequate plaintiff to represent a proposed class consisting of all purchasers of DeVry Education Group, Inc. securities during the period between February 4, 2011 and January Case: 1:16-cv-05198 Document #: 37 Filed: 08/24/16 Page 2 of 2 PageID #:250 27, 2016. Accordingly, the Court grants URS's motion and appoints URS as Lead Plaintiff for the class. 3. Pursuant to 15 U.S.C. § 78u-4(a)(3)(B)(v), the law firm of Spector Roseman Kodroff & Willis, P.C. is hereby appointed to serve as Lead Counsel for the class. 4. Wexler Wallace LLP is hereby appointed to serve as Liaison Counsel for the class. SO ORDERED. ENTERED: August 24, 2016 ______________________ HON. JORGE ALONSO United States District Judge 2