PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT. Upon review of the record, the Court preliminarily finds that the Settlement Agreement resulted from arm’s-length negotiations between highly experienced counsel and falls within the range of possible approval. The Court hereby preliminarily approves the Settlement Agreement, subject to further consideration at the Fairness Hearing described below. The Court preliminarily finds that the settlement encompassed by the Settlement Agreement raises no obvious reasons to doubt its fairness and provides a reasonable basis for presuming that the Settlement Agreement satisfies the requirements of Rules 23(c)(2) and 23(e) of the Federal Rules of Civil Procedure and due process so that an appropriate notice of the Settlement Agreement should be given, subject to the Court’s approval of a notice plan as provided in this Order.
PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT. The Court finds for the purposes of preliminary approval, that the proposed Settlement in the above-captioned case, as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest of the Class. The Court further finds that the Settlement was entered into at arm’s length by highly experienced counsel. The Court therefore preliminarily approves the proposed Settlement.
PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT. This Court has jurisdiction over this action and each of the parties to the Settlement Agreement.
PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT. This Court has jurisdiction over this action and each of the parties to the Settlement Agreement. Upon review of the record, the Court finds that the proposed Settlement Agreement, which was arrived at by arm’s-length negotiations by highly experienced counsel, falls within the range of possible approval and is hereby preliminarily approved, subject to further consideration at the Court’s Fairness Hearing. The Court preliminarily finds that the Settlement encompassed by the Settlement Agreement raises no obvious reasons to doubt its fairness, and raises a reasonable basis for presuming that the Settlement and its terms satisfy the requirements of Federal Rules of Civil Procedure 23(c)(2) and 23(e) and due process so that Notice of the Settlement should be given.
PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT. The Settlement Agreement, attached to the Motion for Preliminary Approval as Exhibit 1, is incorporated fully herein by reference. The definitions used in the Settlement Agreement are adopted in this Order and shall have the same meaning ascribed in the Settlement Agreement.
PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT. 10 1. Plaintiffs’ Motion is GRANTED. For purposes of this Order, except as 11 otherwise indicated herein, the Court adopts and incorporates the definitions contained in the 12 Settlement Agreement.
13 2. All proceedings in the Action, other than proceedings necessary to carry out or 14 enforce the terms and conditions of the Settlement Agreement and this Order, are hereby stayed.
15 3. Upon preliminary review, the Court finds that the Settlement Agreement, and the 16 settlement it incorporates, appears fair, reasonable, and adequate. Accordingly, the Settlement 17 Agreement is preliminarily approved and is sufficient to warrant sending notice to the Settlement 18 Class.
PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT. The Settlement Agreement is incorporated fully herein by reference. The definitions used in the Settlement Agreement are adopted in this Order and shall have the same meaning ascribed in the Settlement Agreement.
PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT. 1. The terms of the Settlement Agreement dated July 12, 2017, including all exhibits thereto (the “Settlement Agreement”), which is attached to the Motion as Exhibit 2, are preliminarily approved as fair, reasonable and adequate, are sufficient to warrant sending notice to the Class, and are subject to further consideration thereof at the Fairness Hearing referenced below. This Preliminary Approval Order (“Order”) incorporates herein the Settlement Agreement, and all of its exhibits and related documents. Unless otherwise provided herein, the terms defined in the Settlement Agreement shall have the same meanings in this Order.
2. The Settlement Agreement was entered into only after extensive arm’s length negotiations by experienced counsel. The Court finds that the settlement embodied in the Settlement Agreement (“the Settlement”) is sufficiently within the range of reasonableness so that notice of the Settlement should be given as provided in the Settlement Agreement and this Order. In making this determination, the Court has considered the current posture of this litigation and the risks and benefits to the Parties involved in both settlement of these claims and continuation of the litigation.
PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT. 1. The terms of the Settlement Agreement and Release, dated , including all Exhibits thereto (the “Agreement”), attached to the Motion, are hereby preliminarily approved, subject to further consideration thereof at the Fairness Hearing provided for below. This Order incorporates herein, and makes a part hereof, the Agreement, including all Exhibits thereto. Unless otherwise provided herein, the terms defined in the Agreement shall have the same meanings
PRELIMINARY APPROVAL OF SETTLEMENT AGREEMENT. 1. The Court finds that the requirements of Rules 23(a)(1)-(4), 23(b), and 23(e) of the Federal Rules of Civil Procedure have been satisfied for purposes of preliminary approval of the Settlement Agreement, such that notice of the Settlement Agreement should be directed to Settlement Class Members and a Final Fairness Hearing should be set.
2. The Settlement Agreement, including all Exhibits attached thereto, is preliminarily approved by the Court.