Labriola v. Bank of America, National Association

Filing 62

ORDER RE: AMENDED SETTLEMENT AGREEMENT AND PROPOSED AMENDED ORDER GRANTING PRELIMINARY APPROVAL. Signed by Judge Claudia Wilken on 8/27/2013. (ndr, COURT STAFF) (Filed on 8/27/2013)

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1 IN THE UNITED STATES DISTRICT COURT 2 FOR THE NORTHERN DISTRICT OF CALIFORNIA 3 4 5 JOHN ROBERT LABRIOLA, on behalf of himself and those similarly situated, 6 Plaintiff, 7 8 v. 10 BANK OF AMERICA, NATIONAL ASSOCIATION; MERRILL LYNCH, PIERCE, FENNER & SMITH INCORP.; BANK OF AMERICA CORPORATION; and Does 3-50, inclusive, 11 ORDER RE: AMENDED SETTLEMENT AGREEMENT AND PROPOSED AMENDED ORDER GRANTING PRELIMINARY APPROVAL Defendants. 9 United States District Court For the Northern District of California No. C 12-79 CW 12 13 ________________________________/ On June 6, 2013, the Court preliminarily approved the 14 settlement of this case. 15 deadline of July 8, 2013 for the Class Notice to be mailed out. 16 After that deadline, on July 17, 2013, the parties filed a 17 stipulation requesting a case management conference to discuss 18 their discovery of an undisclosed issue regarding the settlement. 19 On July 22, 2013, the Court ordered the parties to file further 20 papers regarding the status of settlement. 21 Among other things, the Court set a On July 24, the parties filed briefs describing discrepancies 22 between the database of potential class members provided by 23 Defendant to Plaintiff prior to settlement and the database of 24 potential class members provided by Defendant to the settlement 25 administrator. 26 allow them until August 7, 2013 to file a stipulation to amend the 27 settlement agreement and the Court’s preliminary approval order. 28 The parties filed a joint request that the Court 1 On August 7, 2013, the parties filed an amended settlement 2 agreement and a proposed amended order granting preliminary 3 approval of the class action settlement. 4 Class Period has been shortened. 5 2, 2008 through the date the Court granted preliminary approval. 6 In the amended documents, the Class period runs from December 2, 7 2008 through December 31, 2011. 8 fund has been reduced from $2,900,000 to $2,775,000. 9 have provided no explanation for these changes. United States District Court For the Northern District of California 10 In those documents, the It previously ran from December In addition, the total settlement The parties Within five days of the date of this order, the parties shall 11 file a joint letter brief explaining why these changes were made 12 and how they affect (1) those individuals who would still be in 13 the class if the amended settlement is approved and (2) those 14 individuals who would have been a part of the class under the old 15 definition, who would no longer be part of the class if the 16 amended settlement is approved. 17 18 IT IS SO ORDERED. 19 20 21 Dated: 8/27/2013 CLAUDIA WILKEN United States District Judge 22 23 24 25 26 27 28 2

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