Board of Commissioners of Montgomery County, Ohio, on behalf of Montgomery County, Ohio v. Federal Housing Finance Agency et al

Filing 52

CONSENT ORDER APPROVING PLAN OF NOTICE AND FORM OF NOTICE. Signed by Judge Thomas M Rose on 4/8/13. (kje1)

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IN THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN DISTRICT OF OHIO WESTERN DIVISION BOARD OF COMMISSIONERS OF MONTGOMERY COUNTY, OHIO, on behalf of MONTGOMERY COUNTY, OHIO; and BOARD OF COMMISSIONERS OF SENECA COUNTY, OHIO on behalf of SENECA COUNTY, OHIO, with all on behalf of themselves and all others similarly situated, Civil Action No.: 3:12-cv-245 Judge Thomas M. Rose Magistrate Judge Sharon L. Ovington Plaintiffs, vs. FEDERAL HOUSING FINANCE AGENCY AS CONSERVATOR FOR FEDERAL NATIONAL MORTGAGE ASSOCIATION AND FEDERAL HOME LOAN MORTGAGE CORPORATION; FEDERAL NATIONAL MORTGAGE ASSOCIATION a/k/a FANNIE MAE, a federally chartered corporation; and FEDERAL HOME LOAN MORTGAGE CORPORATION a/k/a FREDDIE MAC, a federally chartered corporation, Defendants. CONSENT ORDER APPROVING PLAN OF NOTICE AND FORM OF NOTICE This matter is before the Court on the Plaintiffs/Class Representatives’ filing of a Plan of Notice, with Form of Notice, Dkt. #50 with attachments, which are consented to by all parties. Accordingly, and for good cause shown, it is hereby ORDERED as follows: 1. Notice of the Class Certification Order, Dkt. #48, shall be provided to all members of the Class as detailed in the proposed Plan of Notice. 2. The Court finds that the form of the Class Notice attached to the Plan of Notice as Exhibit B is APPROVED. In a form substantially similar in all material respects to Exhibit B, such Class Notice shall be mailed by United States Postal Service first class mail, postage prepaid, to each Ohio County’s Board of Commissioners or County Executive with copies to each County Recorder and each County Prosecuting Attorney within seven (7) days after the date of entry of this Order. The Notice Administrator appointed in paragraph 4. below shall file with the Court an affidavit upon completion of the mailing, attesting to the mailing of the Notice to each member of the Class, with a list of the addresses to which the mailing was directed. The Notice Administrator shall file a report within 5 business days after the close of the opt-out period informing Defendants and the Court of the identity of any Class member who opts out. 3. The form and manner of delivery of the Notice directed herein and in the Plan of Notice meet the requirements of Fed. R. Civ. P. 23 and due process, constitute the best notice practicable under the circumstances, and shall constitute due and sufficient notice to all members of the Class. 4. Isaac, Brant, Ledman & Teetor LLP, is hereby appointed Notice Administrator to supervise the Class Notice process. Class Counsel will pay the costs of sending Class Notice at this time, but are free to move the Court to order Defendants to reimburse the costs at a later time for good cause shown. Defendants have made clear that they believe they are not liable in this matter. Further, Defendants reserve the right to object to any award of notice costs in all events. The Court makes no determination at this time as to which party should ultimately bear the costs of Class Notice. 5. Any Class member who fails to opt out in the manner prescribed in the Class Notice shall be deemed to have waived its right to opt out, and shall be bound Page 2 of 3 by the rulings and outcome of this lawsuit. April 8 Dated, _____________, 2013. s/Thomas M. Rose _____________________________ United States District Judge Page 3 of 3

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