North Collier Fire Control and Rescue District Firefighters' Pension Plan v. Mercury Systems, Inc. — Entry #173: Order

Case 1:23-cv-13065-WGY            Document 173    Filed 06/05/26    Page 1 of 3


                         UNITED STATES DISTRICT COURT

                          DISTRICT OF MASSACHUSETTS


NORTH COLLIER FIRE CONTROL AND               )   No. 1:23-cv-13065-WGY
RESCUE DISTRICT FIREFIGHTERS’                )
PENSION PLAN, Individually and on Behalf     )   CLASS ACTION
of All Others Similarly Situated,            )
                                             )   ORDER AWARDING ATTORNEYS’
                          Plaintiff,         )   FEES AND EXPENSES AND
                                             )   AWARDS TO PLAINTIFFS
      vs.                                    )   PURSUANT TO 15 U.S.C. §78u-4(a)(4)
                                             )
MERCURY SYSTEMS, INC., et al.,               )
                                             )
                          Defendants.
                                             )
                                             )


      Case 1:23-cv-13065-WGY              Document 173         Filed 06/05/26       Page 2 of 3


        This matter having come before the Court on Lead Counsel’s motion for an award of

attorneys’ fees and expenses incurred in this action, the Court, having considered all papers filed and

proceedings conducted herein, having found the settlement of this action to be fair, reasonable and

adequate, and otherwise being fully informed in the premises and good cause appearing therefore;

        IT IS HEREBY ORDERED, ADJUDGED, AND DECREED that:

        1.      All of the capitalized terms used herein shall have the same meanings as set forth in

the Stipulation of Settlement, dated December 1, 2025 (the “Stipulation”). ECF 145.

        2.      This Court has jurisdiction over the subject matter of the Litigation and over all

parties to the Litigation, including all Class Members.

        3.      The Court hereby awards Lead Counsel attorneys’ fees of 25% of the Settlement

Amount, and litigation expenses in the amount of $381,236.78, together with the interest earned

thereon for the same time period at the same rate as that earned on the Settlement Fund until paid.

Said fees and expenses shall be allocated amongst Plaintiffs’ Counsel in a manner which, in Lead

Counsel’s good faith judgment, reflects each such counsel’s contribution to the institution,

prosecution, and resolution of the Litigation. The Court finds that the amount of fees awarded is fair

and reasonable under the “percentage-of-recovery” method considering, among other things, the

following: the favorable result achieved for the Class; the contingent nature of Lead Counsel’s

representation; Lead Counsel’s diligent prosecution of the Litigation; the quality of legal services

provided by Lead Counsel that produced the Settlement; that the Plaintiffs appointed by the Court to

represent the Class support the requested fee; the reaction of the Class to the fee request; and that the

awarded fee is in accord with First Circuit precedent.

        4.      The awarded attorneys’ fees and expenses shall be paid to Lead Counsel immediately

after the Court executes the Judgment and this Order is executed subject to the terms, conditions, and


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      Case 1:23-cv-13065-WGY             Document 173         Filed 06/05/26      Page 3 of 3


obligations of the Stipulation and in particular ¶6.2 thereof, which terms, conditions, and obligations

are incorporated herein.

       5.      Pursuant to 15 U.S.C. §78u-4(a)(4), Lead Plaintiff Carpenters Pension Trust Fund for

Northern California is awarded $1,840.00; Plaintiff University of Puerto Rico Retirement System is

awarded $1,750.00; and Plaintiff North Collier Fire Control and Rescue District Firefighters’

Pension Plan is awarded $423.00 as payment for their time and expenses representing the Class.

       IT IS SO ORDERED.

          June 5, 2026
DATED: _________________________                 /s/ William G. Young
                                               ____________________________________
                                               THE HONORABLE WILLIAM G. YOUNG
                                               UNITED STATES DISTRICT JUDGE


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