Roberts et al v. Ehrlich et al

Filing 91

ORDER: The Court this day has signed an Order preliminarily approving the proposed settlement of this action subject to the acceptance of a modification of the Notice to the Class. The modification to the Notice is to the last paragraph on pa ge 4 carrying over to page 5; the revised language would read: Lead Counsel may apply to the Court for an award of attorneys' fees of up to 20% of the Settlement Fund (or $1,300,000), expenses of up to $40,000, and an award to the six individual Plaintiffs of up to a combined total of $60,000. If the Court were to make these awards in the full amount noted, then the Net Settlement Fund will be approximately $5,100,000. A Class Member's actual recovery w ill be a pro rata proportion of the Net Settlement Fund. Counsel shall confer and, if the change is acceptable to both sides, file with the Court by July 11, 2024 a letter so stating. SO ORDERED. (Signed by Judge P. Kevin Castel on 7/2/2024) (vfr)

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UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK -----------------------------------------------------------x SHAUN ROBERTS and KEN SHEPPARD, Individually and on Behalf of All Others Similarly Situated, Plaintiffs, 22-cv-9590 (PKC) -against- ORDER STEPHEN EHRLICH, et al., Defendants. -----------------------------------------------------------x CASTEL, U.S.D.J. The Court this day has signed an Order preliminarily approving the proposed settlement of this action subject to the acceptance of a modification of the Notice to the Class. The modification to the Notice is to the last paragraph on page 4 carrying over to page 5; the revised language would read: Lead Counsel may apply to the Court for an award of attorneys’ fees of up to 20% of the Settlement Fund (or $1,300,000), expenses of up to $40,000, and an award to the six individual Plaintiffs of up to a combined total of $60,000. If the Court were to make these awards in the full amount noted, then the Net Settlement Fund will be approximately $5,100,000. A Class Member’s actual recovery will be a pro rata proportion of the Net Settlement Fund. Counsel shall confer and, if the change is acceptable to both sides, file with the Court by July 11, 2024 a letter so stating. SO ORDERED. Dated: New York, New York, July 2, 2024 -2-

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