Adlao et al v. JPMorgan Chase & Co et al
Filing
92
ORDER by Judge ARMSTRONG granting 84 Motion for Settlement (lrc, COURT STAFF) (Filed on 12/8/2011)
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UNITED STATES DISTRICT COURT
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NORTHERN DISTRICT OF CALIFORNIA
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OAKLAND DIVISION
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MARY ANN ADLAO, and MARIAN
WILLIAMS, individually, on behalf of others
similarly situated, and on behalf of the general
public,
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Plaintiffs,
Case No.: 4:10-cv-04508-SBA
[PROPOSED] ORDER GRANTING
PLAINTIFFS’ MOTION FOR
PRELIMINARY APPROVAL OF CLASS
AND COLLECTIVE ACTION
SETTLEMENT
vs.
JPMORGAN CHASE & CO.,
JPMORGAN CHASE BANK, N.A., and
EMC MORTGAGE CORP., as successors in
interest to BEAR STEARNS, INC., and ENCORE
CREDIT CORP., and DOES 1 through 50,
inclusive,
Defendants.
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TO ALL PARTIES AND THEIR RESPECTIVE COUNSEL OF RECORD:
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Plaintiffs’ motion for preliminary approval of the class and collective action settlement came
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before this Court, the Honorable Saundra Brown Armstrong presiding, on December 6, 2011. David
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Borgen appeared as counsel on behalf of Plaintiffs and Eric Meckley appeared as counsel on behalf of
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Defendants. The Court, having considered the papers submitted in support of the motion as well as the
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Court’s files and records in this matter, HEREBY ORDERS THE FOLLOWING:
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1.
All defined terms contained in this Order shall have the same meaning as set forth in the
Settlement Agreement executed by the Parties.
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2.
The Court grants preliminary approval of the Settlement and the Settlement Class based
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upon the terms set forth in the Joint Stipulation and Settlement Agreement (“Settlement Agreement”),
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attached to the Declaration of Bryan Schwartz as Exhibit A. The Court finds on a preliminary basis
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that the proposed Settlement described in the Settlement Agreement (including the monetary
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provisions, the plan of allocation, the release of claims, and the proposed award of attorneys’ fees and
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costs) falls within the “range of reasonableness” and therefore grants preliminary approval of the
[PROPOSED] ORDER GRANTING PLAINTIFFS’ MOTION FOR PRELIMINARY APPROVAL OF CLASS AND COLLECTIVE
ACTION SETTLEMENT - CASE NO.: 4:10-CV-04508-SBA
312119-1
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Settlement. Based on a review of the papers submitted, the Court finds that the Settlement is the result
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of extensive arms-length negotiations conducted after Class Counsel had adequately investigated the
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claims and became familiar with the strengths and weaknesses of those claims, is recommended by
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Class Counsel, and is thus presumptively valid, subject only to any objections that may be raised at the
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final fairness hearing and final approval by this Court. The assistance of an experienced mediator in
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the settlement process supports the Court’s conclusion that the Settlement is non-collusive.
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3.
For settlement purposes only, pursuant to Federal Rule of Civil Procedure 23(a) and
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23(b)(3), the Court conditionally certifies the following Settlement Class: current and former
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employees of JPMorgan Chase (“JPMorgan Chase” means, collectively, JPMorgan Chase & Co.,
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JPMorgan Chase Bank, N.A., JPMorgan Chase Bank, Chase Home Finance, LLC and EMC Mortgage
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Corporation) who worked as Chase Default Property Valuation Review Appraisers in the Home
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Lending Business Unit (“RAs”) (regardless of specific job title/code): (a) in California between the
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period from October 5, 2006 through August 1, 2010, and (b) outside of California between the period
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from October 5, 2007 through August 1, 2010.
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4.
A final fairness hearing on the question of whether the proposed Settlement, attorneys’
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fees to Class Counsel, and the Class Representative’s enhancement payments should be finally
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approved as fair, reasonable, and adequate as to the members of the Class is scheduled for Tuesday,
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May 1, 2012, at 1 p.m., in the Courtroom of the Honorable Saundra Brown Armstrong, Courtroom 1.
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5.
The Court approves, as to form and content, the Notice of a Class and Collective Action
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Settlement (“Notice”) attached to the Settlement Agreement as Exhibit 1, and the Settlement Claim
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Certification And Consent to Join Settlement Form in substantially the form attached thereto as Form
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B. The Court approves the procedure for Class Members to participate in, to opt out of, and to object to
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the Settlement as set forth in the Settlement Agreement.
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6.
The Court directs the mailing of the notice and the claim form by first-class mail to the
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Class Members in accordance with the implementation schedule set forth below. The Court finds the
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time periods selected for the mailing and distribution of the notice and the claim form, as set forth in
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the implementation schedule, satisfy the notice requirements of Rule 23(e), adequately advise Class
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Members of their rights under this Settlement, meet the requirements of due process and provide the
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[PROPOSED] ORDER GRANTING PLAINTIFFS’ MOTION FOR PRELIMINARY APPROVAL OF CLASS AND COLLECTIVE
ACTION SETTLEMENT - CASE NO.: 4:10-CV-04508-SBA
312119-1
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best notice practicable under the circumstances and shall constitute due and sufficient notice to all
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persons entitled thereto.
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7.
It is ordered that the Settlement Class is preliminarily certified for settlement purposes
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only. If the Settlement does not become final for any reason, the fact that the Parties were willing to
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stipulate to class and collective action certification as part of the Settlement shall have no bearing on,
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and will not be admissible in connection with, the issue of whether a class or collective in this action
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should be certified in a non-settlement context. The Court’s findings are for purposes of conditionally
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certifying a Settlement Class and will not have any claim or issue or evidentiary preclusion or estoppel
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effect in any other action against the JPMorgan Chase Releasees, or in this litigation if the Settlement
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is not finally approved.
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8.
The Court appoints Bryan Schwarz Law and Goldstein Demchak Baller Borgen &
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Dardarian as Class Counsel for purposes of settlement only. The Court finds that Plaintiff’s counsel
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collectively have extensive experience and expertise in prosecuting wage and hour class actions.
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9.
The Court appoints Epiq Systems, Inc., as the Claims Administrator. Promptly
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following the entry of this Order, the Claims Administrator will prepare final versions of the Class
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Notice and Settlement Claim Certification And Consent to Join Settlement Form, incorporating into
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them the relevant dates and deadlines set forth in this Order.
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Marian Williams as Class Representatives.
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The Parties are ordered to carry out and proceed with the Settlement according to the
terms of the Settlement.
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The Court appoints, for settlement purposes only, Plaintiffs Mary Ann Adlao and
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The Court orders the following implementation schedule for further proceedings:
Defendant(s) provide list name and Last Known
Address for each Class Member to the Claims
Administrator.
15 days after Court enters Preliminary
Approval Order:
DATE: December 22, 2011
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Claims Administrator mails Notice Regarding
Pendency of Class and Collective Action (and
attached forms) to Class Members.
15 days after receipt by Claims Administrator
of list of Class Members from Defendant(s)
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DATE: January 6, 2012
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[PROPOSED] ORDER GRANTING PLAINTIFFS’ MOTION FOR PRELIMINARY APPROVAL OF CLASS AND COLLECTIVE
ACTION SETTLEMENT - CASE NO.: 4:10-CV-04508-SBA
312119-1
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60 days after mailing by Claims Administrator
of Notice Regarding Pendency of Class and
Collective Action
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DATE: March 6, 2012
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Notice Response Deadline.
Plaintiffs file Motion for Final Approval.
35 days before Final Approval and Fairness
Hearing
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DATE: March 27, 2012
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Plaintiffs file Petition for Fees and Costs.
25 days after mailing by Claims Administrator
of Notice Regarding Pendency of Class and
Collective Action
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DATE: January 31, 2012
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Final Settlement Hearing.
Approximately 145 days after Court enters
Preliminary Approval Order
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DATE: May 1, 2012
Distribution of payments to Participating
Claimants, Class Representatives and Class
Counsel (subject to Court approval).
Twenty-one (21) business days after the
Effective Date.
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13.
To the extent permitted by law, pending final determination as to whether the
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Settlement contained in the Settlement Agreement should be approved, any pending actions against the
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JPMorgan Chase Releasees, that assert any claims which fall within the definition of the Released
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State Law Claims and Released Federal Law Claims are stayed on an interim basis pending a final
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determination as to approval of the Settlement.
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14.
In the event the Settlement is not finally approved, or otherwise does not become
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effective in accordance with the terms of the Settlement Agreement, this Order of Preliminary
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Approval shall be rendered null and void and shall be vacated, and the Parties shall revert to their
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respective positions as of before entering into the Settlement Agreement.
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IT IS SO ORDERED.
Dated: December 7, 2011
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THE HONORABLE SAUNDRA BROWN ARMSTRONG
United States District Court Judge
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[PROPOSED] ORDER GRANTING PLAINTIFFS’ MOTION FOR PRELIMINARY APPROVAL OF CLASS AND COLLECTIVE
ACTION SETTLEMENT - CASE NO.: 4:10-CV-04508-SBA
312119-1
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