Wednesday, December 23, 2009

Re: Immersion Corporation Securities Litigation

ORDER GRANTING JOHN P. LOOS'S MOTION FOR CONSOLIDATION, APPOINTMENT OF LEAD PLAINTIFF AND APPROVAL OF SELECTION OF COUNSEL; DENYING NORBERT MULLER'S MOTION FOR APPOINTMENT AS LEAD PLAINTIFF; DIRECTIONS TO PARTIES

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CONCLUSION

For the reasons stated above,

1. Loos's motion is hereby GRANTED and Muller's motion is hereby DENIED.

2. The following cases are hereby CONSOLIDATED for all purposes: Hodges v. Immersion Corp., Case No. 09-4073 MMC; Posner v. Immersion Corp., Case No. 09-4118 MMC; Buell v. Immersion Corp., Case No. 09-4561 MMC; and Benson v. Immersion Corp., Case No. 09-4744 MMC. All further filings in the instant consolidated action shall be filed in Case No. 09-4073 MMC, and shall have the following caption: In Re Immersion Corporation Securities Litigation.

3. Loos is hereby appointed lead plaintiff.

4. Loos's selection of Brower Piven as Lead Counsel and Coughlin Stoia Geller Rudman & Robbins LLP as Liaison Counsel is, pursuant to 15 U.S.C. § 78u-4(a)(3)(B)(v), hereby APPROVED.

5. Pursuant to the parties' stipulation filed October 15, 2009, and the parties' agreement therein that "following the appointment of a lead plaintiff and lead counsel, the parties shall meet and confer and submit a mutually agreeable schedule for the filing of a consolidated complaint (or designation of an operative complaint), if necessary, as well as for the briefing and hearing of responses thereto" (see Stipulation, filed October 15, 2009), the parties are hereby DIRECTED to meet and confer and to submit a stipulated schedule no later than January 8, 2010.

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