Monday, March 24, 2014

Motion for Final Approval of Settlement Granted 3.24.14


At a public hearing on March 24, 2014, pursuant to the Order Preliminarily Approving Settlement and Providing for Class Notice entered January 21, 2014 (“Preliminary Approval Order’’), the parties moved for Final Approval of the Class Action Settlement, Approval of the Class Representative Award, Attorneys’ Fees and Costs.

The Court found that Notice to the Settlement Class, including the mailing or re-mailing of the Notice of Pendency of Class Action as set forth in the Settlement Agreement, has been completed in conformity with the Preliminary Approval Order, including mailing of individual notice to all members of the Settlement Class who could be identified through reasonable effort.  The Court found that this notice was the best notice practicable under the circumstances, that it provided due and adequate notice of the proceedings and of the matters set forth therein, and that it fully satisfies the requirements of California law and due process.  Finally, there were no objectors or parties seeking intervention. 

The Court found that the Settlement was fair and reasonable and a result of an arm’s length negotiations. Neither the Settlement Agreement nor the settlement constitutes an admission or concession by Extron or any of the other Released Persons, nor does this Order and Judgment constitute a finding of any kind by the Court, regarding the validity of any of the claims asserted in the Litigation or of any wrongdoing by Extron or any of the other Released Persons.  Richard E. Quintilone,II, Esq., Quintilone & Associates, 22974 El Toro Road, Suite 100, LakeForest, CA  92630-4961, (949) 458-9675, is hereby confirmed and appointed as Class Counsel.  Class Counsel fees and litigation costs were confirmed. Named Plaintiff Krystle Castro appeared at the hearing and was confirmed and appointed as representative of the class.  The Court awarded Ms. Castro an enhancement payment in the total amount of $1,500.00 for her work as the Class Representative. 

The Court appointed ILYM Group, Inc. as the parties’ chosen Settlement Administrator, under which Defendant agreed to pay the reasonable expenses of the Settlement Administrator up to a maximum of $8,000.00. Finally, the Court approved the payment to the California Labor & Workforce Development Agency in the total amount of $750, with $250 going to the Net Settlement Proceeds for the Class.

Based upon the current timeline of events, Class Members who did not opt out should expect to receive payment by the end of April 2014.