In re Structural Dynamics Research Corporation Derivative Litigation

Summary of Case and Settlement:

No. C-1-94-650 (S.D. Ohio). Shareholder derivative action arising out of Structural Dynamics’s inaccurate reporting of its financial performance. In approving a $5 million settlement Judge Herman J. Weber stated that “in my mind the highest professional service a lawyer can give to his or her client is to terminate the litigation as early as possible and at the most economical cost to your clients. The Court finds that the lawyers in this case have done just that…”