Common Contracts
1 similar Settlement Agreement contracts
IN THE UNITED STATED DISTRICT COURT FOR THE EASTERN DISTRICT OF TEXAS SHERMAN DIVISIONSettlement Agreement • March 28th, 2024
WHEREAS, Class Counsel (all terms defined below) and other counsel who have appeared in the Action have conducted substantial discovery, have investigated the facts and underlying events relating to the subject matter of the Action, have retained independent automotive engineering consultants to analyze the allege defect and potential solutions, have carefully analyzed the applicable legal principles, and have concluded, based upon their investigation and decisions issued by the Court, and taking into account the risks, uncertainties, burdens, and costs of further prosecution of the Action, and taking into account the substantial benefits to be received pursuant to this Settlement Agreement and that a resolution and compromise on the terms set forth herein is fair, reasonable, adequate, and in the best interests of Class Representatives and the other Class Members, and treats Class Members fairly and equitably in relation to one another;
