Vinole v. World Savings, Inc.

Filing 82

ORDER DETERMINING GOOD FAITH AND GRANTING FINAL APPROVAL OF SETTLEMENT. Signed by Judge Jeffrey S. White on 10/6/08. (jjo, COURT STAFF) (Filed on 10/6/2008)

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Case 3:06-cv-05296-JSW Document 80 Filed 10/03/2008 Page 1 of 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 MALCOLM A. HEINICKE (State Bar No. 194174) TYLER A. ROOZEN (State Bar No. 248669) MUNGER, TOLLES & OLSON LLP 560 Mission Street, 27th Floor San Francisco, California 94105-2907 Tel: (415) 512-4000; Facsimile: (415) 512-4077 Email: Malcolm.Heinicke@mto.com Attorneys for Defendants WORLD SAVINGS, INC., and WORLD MORTGAGE COMPANY PLAINTIFFS' COUNSEL LISTED ON SECOND PAGE UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA RAYMOND VINOLE, on behalf of himself and others similarly situated, Plaintiff, vs. WORLD SAVINGS, INC, and DOES 1 through 100, inclusive, Defendants. CASE NO. CV 06-05296 JSW [PROPOSED] ORDER DETERMINING GOOD FAITH AND GRANTING FINAL APPROVAL OF SETTLEMENT Date: Time: Ctrm: October 3, 2008 9:00 a.m. Courtroom 2 HONORABLE JEFFREY S. WHITE Related Case: Siu v. Golden West Financial Corp., et al., Case No. CV 06-07643 5774842.2 -1[PROPOSED] ORDER DETERMINING GOOD FAITH (CASE NO. CV 06-05296 JSW) Case 3:06-cv-05296-JSW Document 80 Filed 10/03/2008 Page 2 of 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 TIMOTHY D. COHELAN (SBN 60827) ISSAM C. KHOURY (SBN 58759) DIANA M. KHOURY (SBN 128643) MICHAEL D. SINGER (SBN 115301) COHELAN & KHOURY 605 C Street, Suite 200 San Diego, CA 92101-5305 Telephone: (619) 595-3001 Facsimile: (619) 595-3000 MICHAEL J. PROCOPIO (SBN 137318) LAW OFFICES OF MICHAEL J. PROCOPIO 2677 N. Main Street, Suite 860 Santa Anna, CA 92705 Telephone: (714) 541-1550 Facsimile: (714) 541-1770 Attorneys for Plaintiff RAYMOND VINOLE and proposed Settlement Class GERALD D. WELLS III SCHIFFRIN, BARROWAY, TOPAZ & KESSLER, LLP 280 King of Prussia Road Radnor, PA 19087 Telephone: (610) 667-7706 Facsimile: (610) 667-7056 Attorney for Plaintiff RYAN SIU and proposed Settlement Class MARK R. THIERMAN (SBN 72913) THIERMAN LAW FIRM 7287 Lakeside Drive Reno, Nevada 89511 Phone: (775) 284-1500 Facsimile: (775) 703-5027 H. TIM HOFFMAN (SBN 49141) ARTHUR W. LAZEAR (SBN 83603) HOFFMAN & LAZEAR 180 Grand Avenue, Suite 1550 Oakland, CA 94612 Telephone: (510) 763-5700 Facsimile: (510) 835-1311 Attorney for Plaintiff CHRISTOPHER M. McHUGH and proposed Settlement Class (Plaintiff in related action to be dismissed as part of this settlement) 5774842.2 -2[PROPOSED] ORDER DETERMINING GOOD FAITH (CASE NO. CV 06-05296 JSW) Case 3:06-cv-05296-JSW Document 80 Filed 10/03/2008 Page 3 of 3 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 5774842.2 Having considered the Stipulation Re: Settlement of Class Action ("Stipulation") and all other materials properly before the Court and having conducted an inquiry pursuant to the Federal Rules of Civil Procedure, Rule 23, the Court finds that the Stipulation was entered by all parties in good faith, and the Stipulation is approved, including an award of attorney fees for Class Counsel in the amount of $2,000,000 and allowable litigation costs and expenses of up to $23,968.10. The Court will simultaneously, or the Clerk of the Court shall, enter the Judgment provided in the Stipulation. World Savings, itself or through the Claims Administrator, shall deliver the payments to the Participating Claimants, the Class Representatives and Class Counsel as provided for in the Stipulation. IT IS SO ORDERED. October 6, 2008 DATED: _______________________ ______________________________________ The Honorable Jeffrey S. White United States District Court Judge -3-

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