ALEXANDER et al v. WASHINGTON MUTUAL, INC. et al

Filing 107

ORDER THAT PLAINTIFF'S COUNSEL ARE AWARDED ATTORNEY'S FEES IN THE AMOUNT OF $1,200,000.00 AND REIMBURSEMENT OF LITIGATION EXPENSES IN THE AMOUNT OF $33,078.33 TO BE PAID FROM THE SETTLEMENT FUND. SIGNED BY HONORABLE THOMAS N. ONEILL, JR ON 12/4/12. 12/4/12 ENTERED AND COPIES MAILED AND E-MAILED.(mbh, )

IN THE UNITED STATES DISTRICT COURT
FOR THE EASTERN DISTRICT OF PENNSYLVANIA
ROBERT ALEXANDER and JAMES
LEE REED, individually and on behalf of
all others similarly situated
v.
WASHINGTON MUTUAL, INC.;
WASHINGTON MUTUAL BANK;
WASHINGTON MUTUAL BANK FSB; and
WM REINSURANCE MORTGAGE
REINSURANCE COMPANY

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CIVIL ACTION
NO. 07-4426

ORDER AWARDING ATTORNEYS’ FEES, LITIGATION COSTS, AND CASE
CONTRIBUTION AWARD FOR THE REPRESENTATIVE PLAINTIFF
This matter having come before the Court on November 27, 2012 and on application of
Lead Class Counsel for an award of attorneys’ fees, reimbursement of litigation costs incurred in
the Action and a Case Contribution Award for the Representative Plaintiff, having considered all
papers filed and proceedings conducted, having found the Settlement of this Action to be fair,
reasonable and adequate and otherwise being fully informed and good cause appearing:
IT IS HEREBY ORDERED AND ADJUDGED:
1.

All of the capitalized terms used herein shall have the same meanings as set forth

in the Settlement Agreement (“Agreement”) executed on April 6, 2012 and filed with the Court
on June 4, 2012.
2.

This Court has jurisdiction over the subject matter of this application and all

matters relating thereto, including all members of the Class.
3.

Plaintiff’s Counsel are awarded attorney fees in the amount of $1,200,000.00 and

reimbursement of litigation expenses in the sum of $33,078.33, to be paid from the Settlement
Fund. The Court finds the amount of expenses awarded are appropriate and the amount of fees
awarded are fair and reasonable given the substantial risks of non-recovery, the time and effort
involved, and the result obtained for the Class. No other fees, costs or expenses may be awarded
to Plaintiff’s Counsel in connection with the Settlement. The Attorneys’ Fees and Expenses shall
be paid to Plaintiff’s Counsel in accordance with the terms of the Agreement.
4.

The Representative Plaintiff is hereby awarded $2,500 as a Case Contribution

Award, as defined in the Agreement, in recognition of his contributions to this Action.
SO ORDERED this 4th day of December, 2012.

s/Thomas N. O’Neill, Jr.
THOMAS N. O’NEILL, JR., J.

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