What happened at the Fairness Hearing?
At this Hearing, Judge Larson ruled that the settlement is fair, adequate, reasonable, and in the best interest of the Class as a whole. He also ruled that Class Counsel should be awarded 25% of the settlement amount of $25,500,000 in Fees. The Attorneys were awarded costs associated with pursuing this settlement in the amount of $70,564.64. The Court considered and ruled on the timely objections received in this settlement and decided that late objections would not be considered.