Case 1:11-cv VM Document 140 Filed 01/20/12 Page 1 of 9 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK

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1 Case 1:11-cv VM Document 140 Filed 01/20/12 Page 1 of 9 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK JOSEPH DEANGELIS. Individually and On Behalf of All Others Similarly Situated, Plaintiff, Civil Action No. 1:1 1-cv VM ECP CASE JON S. CORZINE, et al. Detèndants. - ORDER APPOINTING THE VIRGINIA RETIREMENT SYSTEM AND HER MAJESTY THE QUEEN IN RIGHT OF ALBERTA AS LEAD PLAINTIFF AND APPROVING THEIR SELECTION OF CO-LEAD COUNSEL 2929 SOB 2T2:O.L 't7tt7ss2t2 C):WOJd 02:T2 T02-ET-Nf

2 Case 1:11-cv VM Document 140 Filed 01/20/12 Page 2 of 9 WHEREAS, on November 3, Plaintiff Joseph Deangelis filed the first securities complaint subjccl to ihe Private Securities Litigation Reform Act of 1995 ("PSLRA") in the above-captioned MV Global litigation (the "Securities Action") and, pursuant to the PSLRA, published notice of the filing of the Securities Action) WhEREAS, pursuant to the PSLRA., the deadline to move for appointment as Lead Plaintiff in the Securities Action expired on January WH IkEAS, eight motions (r appointment as Lead Plaintiff in the Securities Action were timely filed prior to the expiration of that deadline. See TCF Nos. 25, 27, , 35, , and 42. WHEREAS, the Virginia Retirement System ("VRS") and I-Icr Majesty the Queen in Right of Alberta ("Alberta") timely filed a joint motion for appointment as Lead Plaintiff in the Securities Action. WHEREAS, VRS and Alberta incurred a 119 million loss on their transactions in MV Global securities during the relevant period. WHEREAS. VRS and Alberta made a prima fade showing that they otherwise satisfy the adequacy and typicality requirements of Rule 23 of the Federal Rulcc olcivil Pfl)CCdUrC. WHEREAS, upon consideration of the competing motions for appointment as T.ead Plaintiff, VRS and AJberta have thc Iurgcsi financial interest of any qualified Lead Plaintiff Iflovant in the Securities Action. WHEREAS, no other niovanr Or PflttY OPI)OSCS the Court's appointment of VRS and The PSULA securities actions that currently cor prise tie ScctiriticN Action are as follows: DcAngclis v. Corzine. 1'o. II Civ (SONY.), Espinoza v. Corzvic, No. IL Civ (S.D.N.Y.) (consolidated Nov. 16, 2011) (ECF No. 3): ILWIY Local 90 Pens/on Fund v. Corzine. No. II Civ (S.D.N.Y.) (consolidated Nov ) (ECF No. 4); and Double miljl.0 Trading, LLC r. Corzine, No. I I Civ. 271 (S.L).N.Y.) (consolidated Nov. 30, 2011) (F.CF No. 5); Do/v v. Corzine, No. I Civ. 823(S.D.N.Y.) (coiroiiueited Dcc. 8, 201 1) (F.CF No. 10); Cunt*xi Partners Fund L.P. v. Corzine, No. 11 Civ (S.D N.Y ) (consolidated Dec ) (1CF No ii); Rodriguez v. Corzine. No. 11 Civ (S.D.N.Y.) (consolidated Dec. 14, 2011) (LCF No. 13). L'9d 2829S08 2T2: 0 J Ei818:WOJ.d 82:T2 2TC2-6T-N'f

3 Case 1:11-cv VM Document 140 Filed 01/20/12 Page 3 of 9 Alberta to serve as Lead Plaintiff in the Securities Action. IT IS HEREBY ORDERED THAT: LI The motion of VRS and Alberta is GRANTED. VRS and Alberta arc APPOINTED to serve as Lead Plaintiff in the Securities Action pursuant to Section 21D(a)(3)(B) of the Securities Exchange ACL of 1934, 15 U.S.C. 78u-4(a)(3)(B), and Section 27(a)(3)(13) of the Securities Act of U.S.C. 77z- 1 (a)(3)(), as amended by the PSLRA. 3. VRS's and Alberta's selection of Co-Lead Counsel is APPROVED, and Bernstein Litowitz Berger & Grossmann LLP and LabatoLl Sucharow LLP are APPOINTED as Co-Lead Counsel for the Class in the Securities Action. Co-Lead Counsel, under the direction of Lead Plaintiff VRS and Alberta, will conduct all phases 01 the litigation and may delegate work responsibilities to additional counsel as may be required. 4. Pursuant to Rule 42(a) of the Federal Rules of Civil Procedure, any subcqucntly flied, removed, or transferred PSI RA securitics actions that are related to the Securities law claims asserted in the Securities Action will be CONSOLU)ATI1) for all purposes. 5. The Securities Action shall be captioned in re ME Global Ho/clings LimiiuI Securilivs Liiigcieirm' and the file sh3ll he maintained under Master File No. I 1-cv-7866-VM. IT IS SO ORD17.RE1) T!MARO I JNTTFI) STATES DTSTRJCT JUDGE 2 L'Ld 289 SOB 2T2: 0 1 ''T'S2T2 SB1B:. 82:T2 2TO2-ET-Nf

4 Case 1:11-cv VM Document 140 Filed 01/20/12 Page 4 of 9 CLILALD I SILK 11:rry!hIw.1:urn ç2l) 54-i2 (1 IU 'FOI'I IrR. MT1 1`71 I 11:rCIi.L at, IL4)fl.1:4 rn 2l E VIA FACSIMILE RF.RNSTFJN i.it0wtt'7 RERGCI& (ROSSMANN LLP 1285 Av.riuc ui ihc Articricis New York, New York I 'ei: (212) Fax: (212) Honorable Victor Marrero United Stales District Judge Southern District of New York I)anjel Patrick Moynihan United States Courthouse 500 Pearl St. New York, NY LAIJAlON SUCIIAROW LLI' 140 Broadway New York, New York d:(212) Fax: (212) January 19, 2012 D AN J' 2012 CHAMERS OF JUDGE MARRERO USI)cSDNY DoCuiicr EIECTRONICALL\'..FILED DOC#. DATE FILED: Re; DeAirge1i. v. Cvrzin, No. 1:11-cv VM Dear Judge Marrero: We represent the Virginia Retirement System ("VRS") and Her Majesty the Queen in Right of Alberta ("Alberta"') which, on January , timely filed a motion seeking appointment as Lead Plaintiff in the above-referenced action. See EC'F No. 39. As we discussed during the telecontèrence held with all parties and the Court on January 18, 2012, the motion filed hy VRS and Alberta is unopposed. Pursuant to the Court's request, we rcpcctfu1ly submit along with this letter a lioposed Order appointing VRS and Alberta as Lead l'iainlilt and approving their selection of' the law fims of Bernstein Litowitz Bcrgcr & Grossmaun LLP and Lahaton Sucharo LLP as Co-Lead Counsel for the (lass See x.hibit A. Aixioiig oilier things, the proposed order contemplates that Lead Plaintiff will reprcscnl the class of bond and stockholders in the Securities Action, and that Co-Lead Counsel, under the direction of* Lead Plaintiff, will conduct all phases of litigation, including pretrial discovery, motion practice and trial, as well as oversee any allocation of work to additional law lirrns as may he required. As the Court also instructed cluiing the January 18 teleconference, counsel for VRS and Alberta will commence discussions with defense counsel in an eir>rt to sircanilirie this litigation and reach a mutually agreeable schedule for the conduct of this action, including by establishing major pm-trial deadlines for the filing of a consolidated complaint and delèndants' rcpunes thereto SOB 212: 0 1 1SS212 S818:w 0 82: N1'

5 Case 1:11-cv VM Document 140 Filed 01/20/12 Page 5 of 9 Toriorahie Victor Marrero January 19, 2012 Page 2 Vv'e Ihank you (or your ntention to this matter. Respi['ul1y submitted, Gtrald H. SiRz (ILL L Wt-- (..hn5tophcl J. Kcl1cr /L Enclosure cc All coo nscl of record (via facsimile) F I\ I IToS.FI/Pi rj i \\ i II I I I' ll I Ii. -. j :fl 2829 S08 212: 0 1 t*t'it'ss212 S818:W 0 82:12 21O2-E1-Nf

6 Case 1:11-cv VM Document 140 Filed 01/20/12 Page 6 of 9 EXHIBIT A 2629 S88 2T2: 0 J. tt7t7ttlss2t2 E)818:WQJd 82:12 2TO2-6T-Nf,

7 Case 1:11-cv VM Document 140 Filed 01/20/12 Page 7 of 9 UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK JOSEPH DEANGELIS. Individually and On Behalf of All Others Similarly Situated, Plaintiff, Civil Action No. 1:1 1-cv VM ECP CASE JON S. CORZINE, et al. Detèndants. - ORDER APPOINTING THE VIRGINIA RETIREMENT SYSTEM AND HER MAJESTY THE QUEEN IN RIGHT OF ALBERTA AS LEAD PLAINTIFF AND APPROVING THEIR SELECTION OF CO-LEAD COUNSEL 2929 SOB 2T2:O.L 't7tt7ss2t2 C):WOJd 02:T2 T02-ET-Nf

8 Case 1:11-cv VM Document 140 Filed 01/20/12 Page 8 of 9 WHEREAS, on November 3, Plaintiff Joseph Deangelis filed the first securities complaint subjccl to ihe Private Securities Litigation Reform Act of 1995 ("PSLRA") in the above-captioned MV Global litigation (the "Securities Action") and, pursuant to the PSLRA, published notice of the filing of the Securities Action) WhEREAS, pursuant to the PSLRA., the deadline to move for appointment as Lead Plaintiff in the Securities Action expired on January WH IkEAS, eight motions (r appointment as Lead Plaintiff in the Securities Action were timely filed prior to the expiration of that deadline. See TCF Nos. 25, 27, , 35, , and 42. WHEREAS, the Virginia Retirement System ("VRS") and I-Icr Majesty the Queen in Right of Alberta ("Alberta") timely filed a joint motion for appointment as Lead Plaintiff in the Securities Action. WHEREAS, VRS and Alberta incurred a 119 million loss on their transactions in MV Global securities during the relevant period. WHEREAS. VRS and Alberta made a prima fade showing that they otherwise satisfy the adequacy and typicality requirements of Rule 23 of the Federal Rulcc olcivil Pfl)CCdUrC. WHEREAS, upon consideration of the competing motions for appointment as T.ead Plaintiff, VRS and AJberta have thc Iurgcsi financial interest of any qualified Lead Plaintiff Iflovant in the Securities Action. WHEREAS, no other niovanr Or PflttY OPI)OSCS the Court's appointment of VRS and The PSULA securities actions that currently cor prise tie ScctiriticN Action are as follows: DcAngclis v. Corzine. 1'o. II Civ (SONY.), Espinoza v. Corzvic, No. IL Civ (S.D.N.Y.) (consolidated Nov. 16, 2011) (ECF No. 3): ILWIY Local 90 Pens/on Fund v. Corzine. No. II Civ (S.D.N.Y.) (consolidated Nov ) (ECF No. 4); and Double miljl.0 Trading, LLC r. Corzine, No. I I Civ. 271 (S.L).N.Y.) (consolidated Nov. 30, 2011) (F.CF No. 5); Do/v v. Corzine, No. I Civ. 823(S.D.N.Y.) (coiroiiueited Dcc. 8, 201 1) (F.CF No. 10); Cunt*xi Partners Fund L.P. v. Corzine, No. 11 Civ (S.D N.Y ) (consolidated Dec ) (1CF No ii); Rodriguez v. Corzine. No. 11 Civ (S.D.N.Y.) (consolidated Dec. 14, 2011) (LCF No. 13). L'9d 2829S08 2T2: 0 J Ei818:WOJ.d 82:T2 2TC2-6T-N'f

9 Case 1:11-cv VM Document 140 Filed 01/20/12 Page 9 of 9 Alberta to serve as Lead Plaintiff in the Securities Action. IT IS HEREBY ORDERED THAT: LI The motion of VRS and Alberta is GRANTED. VRS and Alberta arc APPOINTED to serve as Lead Plaintiff in the Securities Action pursuant to Section 21D(a)(3)(B) of the Securities Exchange ACL of 1934, 15 U.S.C. 78u-4(a)(3)(B), and Section 27(a)(3)(13) of the Securities Act of U.S.C. 77z- 1 (a)(3)(), as amended by the PSLRA. 3. VRS's and Alberta's selection of Co-Lead Counsel is APPROVED, and Bernstein Litowitz Berger & Grossmann LLP and LabatoLl Sucharow LLP are APPOINTED as Co-Lead Counsel for the Class in the Securities Action. Co-Lead Counsel, under the direction of Lead Plaintiff VRS and Alberta, will conduct all phases 01 the litigation and may delegate work responsibilities to additional counsel as may be required. 4. Pursuant to Rule 42(a) of the Federal Rules of Civil Procedure, any subcqucntly flied, removed, or transferred PSI RA securitics actions that are related to the Securities law claims asserted in the Securities Action will be CONSOLU)ATI1) for all purposes. 5. The Securities Action shall be captioned in re ME Global Ho/clings LimiiuI Securilivs Liiigcieirm' and the file sh3ll he maintained under Master File No. I 1-cv-7866-VM. IT IS SO ORD17.RE1) T!MARO I JNTTFI) STATES DTSTRJCT JUDGE 2 L'Ld 289 SOB 2T2: 0 1 ''T'S2T2 SB1B:. 82:T2 2TO2-ET-Nf