Dycus v. Wells Fargo Bank N.A. et al
FINAL JUDGMENT. Signed on 10/10/12 by Magistrate Judge John T. Maughmer. (Alexander, Pam)
UNITED STATES DISTRICT COURT
WESTERN DISTRICT OF MISSOURI
WELLS FARGO BANK N.A. d/b/a
WELLS FARGO HOME MORTGAGE, et al.,
Case No. 4:11-cv-00491-JTM
IT IS HEREBY ORDERED, ADJUDGED AND DECREED THAT:
The settlement of the claims of the Settlement Class on the terms set forth in the
Parties' Settlement and Release Agreement ("Agreement"), dated May 15, 2012, and the Parties'
Addendum to Settlement and Release Agreement (Addendum"), dated June 22, 2012, is
approved, and the following settlement class is granted final certification for settlement purposes
under Fed. R. Civ. P. 23:
All persons who obtained a "Second Mortgage Loan," as defined in Mo.
Rev. Stat. § 408.231.1, with an interest rate greater than 10%, that was
secured by a mortgage or a deed of trust on residential real property
located in the state of Missouri, that was originated by SouthStar Funding,
LLC, at any time, and was thereafter purchased by, assigned to, and/or
serviced by Wells Fargo, and who did not timely exercise their right and
option to exclude themselves from the Settlement Class.
(the "Settlement Class").
Individual notice complying with Rule 23 was sent to the last-known address of
each member of the Settlement Class as warrantied by Wells Fargo.
The Court finds all
members of the Settlement Class to be Settlement Class Members and finds that all such persons
are bound by this Final Judgment.
The Litigation is dismissed on the merits and with prejudice according and subject
to the terms set forth in the Agreement and Addendum and in the Court's Order Finally
Approving Class Action Settlement and Certifying a Class for Settlement Purposes, dated this
same date (the "Approval Order"), without costs to any party except as provided in the Approval
Plaintiff Jeanne Dycus and all members of the Settlement Class who did not
timely exclude themselves from the Settlement Class shall be bound by the Releases provided in
Paragraph 6 of the Agreement.
Subject to Paragraph 13(c) of the Approval Order, the Releasors, as defined in
Paragraph 2.17 of the Agreement, are permanently barred and enjoined from asserting,
commencing, prosecuting or continuing any of the Released Claims, as defined in Paragraph
2.19 of the Agreement, against the Released Persons, as defined in Paragraph 2.18 of the
Subject to Paragraph 13(c) of the Approval Order, all claims for
contribution, indemnity or other claims over, whether asserted, unasserted or asserted in a
representative capacity, inclusive of interest, taxes and costs, related to the Released Claims,
as defined in Paragraph 2. 19 of the Agreement, which could have been brought in this
Litigation by any person or party against a Released Persons as defined in Paragraph 2.18
of the Agreement (unless such claim over is made in respect to a claim by a person or party
who is not a Releasor, as defined i n Paragraph 2.17 of the Agreement), are permanently barred,
prohibited and enjoined.
The Court will retain continuing jurisdiction over this Litigation and each of the
matters set forth in paragraph 13 of the Approval Order for the purposes set forth in the Approval
Unless otherwise provided herein, all capitalized terms in this Order shall have the
same meaning as those terms in the Agreement.
IT IS SO ORDERED.
Dated this 10th day of October, 2012
/s/ John T. Maughmer
John T. Maughmer
Judge of the United States District Court
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