Anwar et al v. Fairfield Greenwich Limited et al

Filing 1112

DECISION AND ORDER: At the settlement hearing held on March 22, 2013, the Court directed settling defendants Fairfield Greenwich Limited and Fairfield Greenwich (Bermuda) Limited (the "Settling Defendants") to provide the Court with details regarding other settlement agreements entered into betweenthe Settling Defendants and certain settlement class members in their individual capacities(the "Individual Agreements"). On April 12, 2013, the Settling Defendants filed materials related to these Individual Agreements under seal for the Court's in camera review. (Dkt. Nos. 1110 and 1111.) The Court has examined the Settling Defendants' submissions relating to the Individual Agreements and is persuaded that no further action by the Court is necessary. The Court finds that nothing in the Settling Defendants' submissions regarding the Individual Agreements affects the validity of the class action settlement in this matter, calls into question any of the Court's prior holdings, or warrants any additional inquiry or disclosure. Therefore, the Court reaffirms its prior approval of the settlement. SO ORDERED. (Signed by Judge Victor Marrero on 4/15/2013) (rsh)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ------x PASHA S. ANWAR, et al. f Plaintiffs, againstFAIRFIELD GREENWICH LIMITED, et al., DECISION AND ORDER Defendants. x VICTOR MARRERO, united States District Judge. At the settlement hearing held on March 22, Court directed Limited and settling Fairf Id defendants Greenwich "Settling Defendants") to provide Fairf ld 2013, Greenwich (Bermuda) Limited the with Court the (the details regarding other settlement agreements entered into between the Settling members ir in Agreements") . filed Defendants individual On April 12, materials under seal and related settlement capacities 2013, to for the Court's certain these (the class "Individual Settling Defendants Individual in camera review. Agreements (Dkt. Nos. 1110 and 1111.) The Court submissions has relating examined to the the Settling Individual Defendants' Agreements and is persuaded that no further action by the Court is necessary. -1­ The Court finds that nothing in the Settling Defendants' submissions regarding the Individual Agreements affects the validity of the class action settlement in this matter, calls into question any of the Court's prior holdings, warrants any additional inquiry or disclosure. Therefore, the Court reaffirms its prior approval of the settlement. SO ORDERED. Dated: New York, New York 15 April 2013 VICTOR MARRERO U.S.D.J. 2­ or

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