Jabbari et al v. Wells Fargo & Company et al

Filing 440

Order by Judge Vince Chhabria granting 439 Motion re Remainder of Settlement Escrow Account. (vclc1, COURT STAFF) (Filed on 2/23/2023)

Case 3:15-cv-02159-VC Document 440 Filed 02/23/23 Page 1 of 2

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UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
SAN FRANCISCO DIVISION

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SHAHRIAR JABBARI and KAYLEE
HEFFELFINGER, on behalf of themselves and all
others similarly situated,
Plaintiffs,

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v.
WELLS FARGO & COMPANY AND WELLS
FARGO BANK, N.A.,

No. 15-cv-02159-VC
[PROPOSED] ORDER REGARDING
REMAINDER OF SETTLEMENT
ESCROW ACCOUNT

Judge: Hon. Vince Chhabria

Defendants.

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No. 15-cv-02159-VC

[PROPOSED] ORDER RE
REMAINDER OF SETTLEMENT
ESCROW ACCOUNT

Case 3:15-cv-02159-VC Document 440 Filed 02/23/23 Page 2 of 2

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[PROPOSED] ORDER
This matter comes before the Court on Plaintiffs’ Motion Regarding Remainder of Settlement
Escrow Account.

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The Court finds that it would be impracticable either to distribute the remaining funds in the
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Settlement Escrow Account to the Class or to escheat those funds. Accordingly, a cy pres distribution of
those remaining funds is appropriate.
The Court finds that the scope and nature of Public Justice’s legal work make it an appropriate
recipient in light of the statutes underlying the Class’s claims and the interests of the Class members.
Class Counsel are therefore authorized to cause the remaining funds in the Settlement Escrow Account,
less tax-preparation costs for 2022 and 2023, to be transmitted to Public Justice as a cy pres award.

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IT IS SO ORDERED.

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Dated: February 23, 2023

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Hon. Vince Chhabria
United States District Court Judge

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No. 15-cv-02159-VC

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[PROPOSED] ORDER RE
REMAINDER OF SETTLEMENT
ESCROW ACCOUNT