CLASS ACTION SETTLEMENT AGREEMENTClass Action Settlement Agreement • January 3rd, 2024
Contract Type FiledJanuary 3rd, 2024issues such as the size and scope of the putative class, and certain facts related to the strength of Defendant’s defenses and financial condition. Given that the information exchanged was similar to the information that would have been provided in formal discovery related to the issues of class certification and summary judgment, the Parties had sufficient information to assess the strengths and weaknesses of the claims and defenses. Also, during the mediation, the Defendant produced documents to Class Counsel concerning Defendant’s financial condition and ability to fund a class action settlement.