Case 4:12-cv YGR Document 133 Filed 12/12/17 Page 1 of 6

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1 Case :-cv-0-ygr Document Filed // Page of 0 ROBBINS GELLER RUDMAN & DOWD LLP CHRISTOPHER P. SEEFER ( DANIEL J. PFEFFERBAUM ( Post Montgomery Center One Montgomery Street, Suite 00 San Francisco, CA 0 Telephone: /- /- (fax chriss@rgrdlaw.com dpfefferbaum@rgrdlaw.com LABATON SUCHAROW LLP JONATHAN GARDNER MICHAEL P. CANTY ROGER W. YAMADA 0 Broadway, th Floor New York, NY 000 Telephone: /0-000 /-0 (fax jgardner@labaton.com mcanty@labaton.com ryamada@labaton.com Lead Counsel for Plaintiffs UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA In re UBIQUITI NETWORKS, INC. SECURITIES LITIGATION This Document Relates To: ALL ACTIONS. Master File No. -cv-0-ygr CLASS ACTION FURTHER SUBMISSION CONCERNING CLAIMS RECEIVED TO DATE DATE: December, TIME: :00 p.m. JUDGE: The Honorable Yvonne Gonzalez Rogers, Oakland Courthouse, Courtroom, th Floor MASTER FILE NO. -CV-0-YGR FURTHER SUBMISSION CONCERNING CLAIMS RECEIVED TO DATE

2 Case :-cv-0-ygr Document Filed // Page of 0 Court-appointed Lead Plaintiffs Bristol County Retirement System and Inter-Local Pension Fund GCC/IBT ( Lead Plaintiffs, on behalf of the Settlement Class, through their undersigned counsel, respectfully submit this report concerning claims received to date. As set forth in the Second Supplemental Affidavit of Jose C. Fraga Regarding Claims Received to Date, dated December, ( Second Supp. Aff.,, annexed hereto as Exhibit, as of the December, claim filing deadline, GCG has received approximately,0 claims, representing approximately % of the Notices mailed to date. This is an excellent response rate so far. Id. Of the,0 claims received,,0 were filed by or on behalf of institutional investors and approximately 00 were submitted by or on behalf of individuals. Id. The claims represent a total of approximately 0,0,000 shares of common stock purchased during the relevant time period. Id.. Based on GCG s preliminary review of the claims, the average number of shares purchased per claim is approximately, shares. Id. The preliminary total Recognized Losses of claimants to date, pursuant to the proposed Plan of Allocation, is approximately $,000,000. Id. As noted in the Second Supplemental Affidavit, the claims deadline has only recently passed, claims are continuing to come in and are subject to additional review, and some of the claims contain deficiencies, which will be addressed during the normal course of the administration. Id. Given this, the figures noted above are preliminary and subject to change following GCG s completion of the administration process. Id. To put this response in context, the number of estimated damaged shares is. million shares. Some of the damaged shares could have been traded more than once. See Notice, fn.. Accordingly, a substantial amount of the class has already submitted claims. Additionally, annexed hereto as Exhibit are revised data tables for the case In re Pacific Biosciences of California Inc. Sec. Litig., No. CIV0 (Cal Super. Ct. San Mateo Cty. The Capitalized terms not otherwise defined herein have the meanings set forth and defined in the Stipulation and Agreement of Settlement, dated as of August, (ECF No. -, the Stipulation. MASTER FILE NO. -CV-0-YGR FURTHER SUBMISSION CONCERNING CLAIMS RECEIVED TO DATE - -

3 Case :-cv-0-ygr Document Filed // Page of table on the left was corrected to note that no recovery per share was estimated in the settlement notice. 0 DATED: December, Respectfully submitted, LABATON SUCHAROW LLP JONATHAN GARDNER MICHAEL P. CANTY ROGER W. YAMADA /s/jonathan Gardner JONATHAN GARDNER 0 Broadway, th Floor New York, NY 000 Telephone: /0-000 /-0 (fax ROBBINS GELLER RUDMAN & DOWD LLP CHRISTOPHER P. SEEFER DANIEL J. PFEFFERBAUM Post Montgomery Center One Montgomery Street, Suite 00 San Francisco, CA 0 Telephone: /- /- (fax Lead Counsel for Plaintiffs MASTER FILE NO. -CV-0-YGR FURTHER SUBMISSION CONCERNING CLAIMS RECEIVED TO DATE - -

4 Case :-cv-0-ygr Document Filed // Page of 0 CERTIFICATE OF SERVICE I hereby certify that on December,, I authorized the electronic filing of the foregoing with the Clerk of the Court using the CM/ECF system which will send notification of such filing to the addresses denoted on the attached Electronic Mail Notice List, and I hereby certify that I have mailed the foregoing document or paper via the United States Postal Service to the non-cm/ecf participants indicated on the attached Service List. I certify under penalty of perjury under the laws of the United States of America that the foregoing is true and correct. Executed on December, /s/ Jonathan Gardner JONATHAN GARDNER MASTER FILE NO. -CV-0-YGR CERTIFICATE OF SERVICE - -

5 Case :-cv-0-ygr Document Filed // Page of 0 Mailing Information for a Case -cv-0-ygr In re Ubiquiti Networks, Inc. Securities Litigation Electronic Mail Notice List The following are those who are currently on the list to receive notices for this case. Michael P. Canty mcanty@labaton.com,lmehringer@labaton.com,fmalonzo@labaton.com,acarpio@labaton.com,electroniccasefiling@labaton.com Ethan D. Dettmer edettmer@gibsondunn.com,rmcbain@gibsondunn.com Iona M. Evans ievans@labaton.com Jonathan Gardner jgardner@labaton.com,jjohnson@labaton.com,cvillegas@labaton.com,tdubbs@labaton.com,rya mada@labaton.com,acoquin@labaton.com,lmehringer@labaton.com,fm Lionel Z. Glancy info@glancylaw.com,lglancy@glancylaw.com Michael M. Goldberg michael@goldberglawpc.com Christopher T. Heffelfinger cheffelfinger@bermandevalerio.com,ysoboleva@bermandevalerio.com Jeremy A. Lieberman jalieberman@pomlaw.com,disaacson@pomlaw.com,lpvega@pomlaw.com Gavin Masuda gavin.masuda@lw.com,#sflitigationservices@lw.com Danielle Suzanne Myers dmyers@rgrdlaw.com,e_file_sd@rgrdlaw.com,e_file_sf@rgrdlaw.com Daniel Jacob Pfefferbaum DPfefferbaum@rgrdlaw.com,khuang@rgrdlaw.com,e_file_sd@rgrdlaw.com,e_file_sf@rgrdla w.com Ashley Price aprice@rgrdlaw.com Robert Vincent Prongay rprongay@glancylaw.com,info@glancylaw.com,echang@glancylaw.com,bmurray@glancyla w.com MASTER FILE NO. -CV-0-YGR CERTIFICATE OF SERVICE - -

6 Case :-cv-0-ygr Document Filed // Page of 0 Darren Jay Robbins e_file_sd@rgrdlaw.com Christopher Paul Seefer Noah F. Stern NStern@gibsondunn.com,VYu@gibsondunn.com Michael Walter Stocker mstocker@labaton.com,ravan@labaton.com,lmehringer@labaton.com Danielle A. Stoumbos dstoumbos@finkelsteinthompson.com Carol C. Villegas cvillegas@labaton.com,thoffman@labaton.com,jchristie@labaton.com,mpenrhyn@labaton.co m,acoquin@labaton.com,lmehringer@labaton.com,fmalonzo@labaton.co Peter Allen Wald peter.wald@lw.com,caroline.yu@lw.com,#sflitigationservices@lw.com,john.eastly@lw.com David Conrad Walton davew@rgrdlaw.com Shawn A. Williams shawnw@rgrdlaw.com,e_file_sd@rgrdlaw.com,e_file_sf@rgrdlaw.com Roger W. Yamada ryamada@labaton.com,lmehringer@labaton.com,fmalonzo@labaton.com,acarpio@labaton.co m Manual Notice List The following is the list of attorneys who are not on the list to receive notices for this case (who therefore require manual noticing. Catherine J. Kowalewski Robbins Geller Rudman & Dowd LLP W Broadway Suite 00 San Diego, CA MASTER FILE NO. -CV-0-YGR CERTIFICATE OF SERVICE - -

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11 Case :-cv-0-ygr Document - Filed // Page of Preapproval Stage In re Pacific Biosciences of California Inc. Sec. Litig., No. CIV0 (Cal Super. Ct. San Mateo Cty. All figures are best estimates as of the date of the final approval motion % Total Settlement Settlement $,, 00% Est. Net Settlement Fund* N/A Expected Claims UKN Class members Projected claims UKN n/a Recovery per share* n/a Expected Residual $0-$,000 0% Cy pres $0-$,000 Reversion $0 Estimated Attorney Fees $. million % Lodestar $,, Hours, Average billing rate $/hr Multiplier. Estimated Attorney Costs $,000.0% Est. Administrative Costs* N/A *Not estimated. Postclaim Filing Audit In re Pacific Biosciences of California Inc. Sec. Litig., No. CIV0 (Cal Super. Ct. San Mateo Cty. All figures are actual amounts as of December, % Total Settlement Settlement $,0,* 00% Claims Paid $,, % Class members sent notice,0 Actual claims,0 (.% Opt-outs (0.0% Mean recovery (per claimant $,** Residual $, 0.0%** Cy pres distribution $0 Reversion $0 Attorney Fees Awarded $. million % Portion of distributed fund % Attorney Costs Awarded $,000.% Portion of distributed fund.% Administrative Costs $,0.% *Includes interest. **Median recovery not available. ***Subject to additional distribution.