The court evaluates the settlement agreement in a class action case, considering factors such as the probable outcome of a trial, claims by other classes, and attorneys' fees. The settlement is approved as it is not limited by a fixed amount, and attorneys' fees will not reduce the amount available to class members. The court also considers the direct benefit to the class, noting that a small percentage of class members submitted claims, possibly due to the low incidence of defects. The settlement is deemed fair, reasonable, and accurate. Plaintiffs seek $2,320,000 in attorneys' fees, while defendants agree to $1,820,000. The court will determine the reasonableness of the request.
doj/DataSet10/EFTA01372142.pdf
{"key_people":["Named Plaintiffs","Class Counsel"],"document_date":"2016","document_type":"legal","document_subtype":"court order","key_organizations":["Plaintiffs","Defendants"],"reference_numbers":["ECF No. 92","ECF No. 69-3 Ex. 1 ¶ VIII.B","ECF No. 86","ECF No. 90"]}