Jose Vasquez v. Draper and Kramer

Filing 171

ORDER GRANTING THE PARTIES' STIPULATION 168 FOR SETTLEMENT APPROVAL by Judge Fernando M. Olguin. *See Order for Details.* Case Terminated. Made JS-6. (iv)

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JS-6

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UNITED STATES DISTRICT COURT

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CENTRAL DISTRICT OF CALIFORNIA

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ATTORNEYS AT LAW

MCDERMOTT WILL & EMERY LLP

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JOSE VASQUEZ, individually and on
behalf of all those similarly situated,
Plaintiff,

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v.
DRAPER AND KRAMER MORTGAGE
CORP.,
Defendant.

Case No. 2:21-cv-00693-FMO-AS
ORDER GRANTING THE PARTIES’
STIPULATION [168] FOR
SETTLEMENT APPROVAL
CLASS AND COLLECTIVE ACTION
Complaint filed: September 22, 2020
FAC filed: June 3, 2021

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ORDER GRANTING THE PARTIES’ STIPULATION FOR SETTLEMENT APPROVAL

ORDER

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ATTORNEYS AT LAWN FRANCISCO

MCDERMOTT WILL & EMERY LLP

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Having reviewed and considered the Parties’ Stipulation for Court Approval of
Settlement, and upon the good cause shown therein, it is hereby ORDERED that:
1.

The Parties’ Stipulation for Court Approval of Settlement is hereby

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GRANTED. The terms of the Parties’ Settlement Agreement attached as Exhibit A to

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the Stipulation are approved as fair, adequate, reasonable, and in the best interests of

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the Plaintiffs.

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3.

Neither this Order nor any aspect of the Parties’ settlement is to be

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construed or deemed an admission of liability, culpability, negligence or wrongdoing

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on the part of Defendant. In particular, and without limiting the generality of the

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foregoing, nothing in this Order or in this settlement shall be offered or construed as

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an admission of, or evidence of, liability, wrongdoing, impropriety, responsibility or

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fault whatsoever by Defendant or their employees or agents.

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4.

The Court approves Defendant’s agreement to pay Plaintiffs’ Counsel

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attorneys’ fees out of the gross settlement fund in the amount of $165,000 and litigation

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costs in the amount of $35,956.52 (Plaintiff’s counsel’s litigation costs) + $2,347.50

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(Plaintiff’s share of settlement administration costs) = $38,304.02.

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5.

The costs of administering the settlement, which shall not exceed

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$4,695.00, shall be borne equally by Defendant and Plaintiffs (Plaintiffs’ portion is

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included in the costs above and is to be deducted from the gross settlement fund).
6.
The Court hereby dismisses this action without prejudice. Unless

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otherwise ordered by this Court, the Clerk shall enter final judgment dismissing this

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action on the merits with prejudice and without costs or attorney’s fees to any party

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other than as provided in the Settlement Agreement sixty (60) days after this order is

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entered.

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IT IS SO ORDERED.
Dated: March 10, 2025

_ /s/ Fernando M. Olguin_______
United States District Judge

-1ORDER GRANTING THE PARTIES’ STIPULATION FOR SETTLEMENT APPROVAL