FrontPoint Asian Event Driven Fund, Ltd. et al v. Citibank, N.A. et al

Filing 561

FINAL APPROVAL ORDER OF CLASS ACTION SETTLEMENT WITH ING BANK N.V. IT IS HEREBY ORDERED, ADJUDGED, AND DECREED THAT: This Final Approval Order hereby incorporates by reference the definitions in the Settlement Agreement and all terms used herein, except as otherwise expressly defined herein, shall have the same meanings as set forth in the Settlement Agreement. Representative Plaintiffs are hereby approved to serve as representatives of such Settlement Class for purposes of the Settlement. Lowey Dannenberg, P.C. is appointed Class Counsel to the Settlement Class for the purposes of the Settlement. It is hereby determined that all Settling Class Members are bound by the Settlement Agreement and this Final Approval Order regardless of whether such Settling Class Members execute and deliver a Proof of Claim and Release. The Court hereby approves the release and covenant not to sue set forth in Section 12 of the Settlement and directs dismissal of the Action as against ING and any Released Parties (but not any other Defendant) fully, finally and with prejudice, pursuant to the terms of the Settlement and the Final Judgment to be entered concurrently herewith. Class Counsel's request for attorneys' fees and reimbursement of expenses (and Incentive Awards for the Representative Plaintiffs) shall be the subject of a separate order by the Court. (And as further set forth herein.) IT IS SO ORDERED. (Signed by Judge Alvin K. Hellerstein on 11/29/2022) (jca)