FINAL JUDGMENT

MARGARET M. MORROW, District Judge.

ORDER AND JUDGMENT

The Court has received and considered the proposed Settlement Agreement ("Settlement Agreement") between Plaintiffs Ali Asghari, Daniel Tran, Yung Kim, Ara Dersarkissian, and Katrina Noble, on behalf of themselves and the Settlement Class (collectively, "Plaintiffs") and Defendant Volkswagen Group of America, Inc., Volkswagen AG, and Audi AG ( "Defendants"). The Court held a Fairness Hearing on May 4, 2015, pursuant to the Preliminary Approval Order entered on October 16, 2014. The Court has determined that notice of the Fairness Hearing was given in accordance with the Preliminary Approval Order to members of the Settlement Class, and that the notice was adequate. On May 29, 2015, the court entered an order finally approving the parties' settlement of this action and awarding attorneys' fees, costs, and incentive awards. Accordingly,

IT IS HEREBY ORDERED, ADJUDGED, AND DECREED AS FOLLOWS:

1. All terms used herein shall have the same meaning as defined in the Settlement Agreement.

2. This Court has jurisdiction over the subject matter of this litigation and over the Parties to this litigation, including all Class Members.

3. The Court certifies the following Settlement Class for purposes of settlement only: "All persons and entities who purchased or leased any 2009 model year Audi A4 vehicle; 2010 model year Audi A4 or Audi A5 vehicle; or 2011 model year Audi A4, Audi A5, or Audi Q5 vehicle, originally equipped with a factory-installed 2.0 liter TFSI longitudinal engine bearing Audi internal engine code CAEB ("CAEB Engine"), imported and distributed by Defendant Volkswagen Group of America, Inc. for sale or lease in the United States of America or Puerto Rico."

Excluded from the Settlement Class are (a) anyone claiming personal injury, property damage and/or subrogation; (b) all Judges who have presided over the Actions and their spouses; (c) all current employees, officers, directors, agents Case 2:13-cv-02529-MMM-VBK Document 186 Filed 05/29/15 Page 3 of 16 Page ID #:4159 and representatives of Defendants, and their family members; (d) any affiliate, parent or subsidiary of Defendants and any entity in which Defendants have a controlling interest; (e) anyone acting as a used car dealer; (f) anyone who purchased a Settlement Class Vehicle for the purpose of resale; (g) anyone who purchased a Settlement Class Vehicle with salvaged title and/or any insurance company who acquired a Settlement Class Vehicle as a result of a total loss; (h) any insurer of a Settlement Class Vehicle; (i) issuers of extended vehicle warranties and service contracts; (j) any Settlement Class Member who, prior to the date of this Agreement, settled with and released Defendants or any Released Parties from any Released Claims, and (k) any Settlement Class Member that files a timely and proper Request for Exclusion from the Settlement Class.

4. The Court appoints Plaintiffs Ali Asghari, Daniel Tran, Yung Kim, Ara Dersarkissian, and Katrina Noble as representatives of the above-described Settlement Class.

5. The Court finds that Strategic Legal Practices APC, Capstone Law, APC, Diversity Law Group, P.C., Law Office of Choi & Associates, Eco Tech Law Group, P.C. and the Law Office of Hovanes Margarian are experienced in matters of this nature and the Court hereby appoints said law firms as Class Counsel. Further, the Court appoints Strategic Legal Practices APC and Capstone Law, APC as Lead Class Counsel.

6. The mailing and publication of the Class Notice to the Class as set forth in the Settlement Agreement has been completed in conformity with the October 16, 2014 Preliminary Approval Order (Dkt. No. 156). The Class Notice provided adequate notice of the proceedings and about the case, including the proposed settlement terms as set forth in the Settlement Agreement. The Class Notice fully satisfied due process requirements. As executed, the Class Notice was the best notice practicable under the circumstances.

7. The Court finds that appropriate notice was given by defendant to all "appropriate State and Federal Officials" pursuant to 28 U.S.C. §1715(a), and that no objections were filed.

8. The Court hereby approves the terms set forth in the Settlement Agreement and finds that the Settlement Agreement is, in all respects, fair, adequate, and reasonable and directs the Parties to effectuate the Settlement Agreement according to its terms. The Court finds that the Settlement Agreement has been reached as a result of informed and non-collusive arm's-length negotiations. The Court further finds that Plaintiffs and Defendants have conducted extensive investigation and research, and their attorneys were able to reasonably evaluate their respective positions.

9. The Court also finds that Settlement now will avoid additional and potentially substantial litigation costs, as well as delay and risks if the Parties were to continue to litigate the case. Additionally, after considering the prospective and monetary relief provided as part of the Settlement in light of the challenges posed by continued litigation, the Court concludes that Class Counsel secured significant relief for Class Members.

10. The Settlement Agreement is not an admission by Defendants or by any other released party, nor is this Order a finding of the validity of any allegations or of any wrongdoing by Defendants or any other released party. Neither this Order, the Settlement Agreement, nor any document referred to herein, nor any action taken to carry out the Settlement Agreement, may be construed as, or may be used as, an admission of any fault, wrongdoing, omission, concession, or liability whatsoever by or against Defendants or any of the other released parties.

11. All Class Members were given a full and fair opportunity to participate in the Approval Hearing, and all members of the Settlement Class wishing to be heard have been heard. The objections of Anthony J. Cirillo, Richard L. Whynot, Richard M. King, Jr., Charles Theodore Koehn, John E. Voris & Karen Prah Voris, Debra Bliss, Lars H. Boettger, Comfort Onylah, Tobey Salem, Thomas A. Knott, Gautam Garg, Eric D. Jordan, Susan D. Ritchey, William B. Hammett, and Michael Ghozland are hereby overruled. Members of the Settlement Class also have had a full and fair opportunity to exclude themselves from the proposed settlement and the class. Accordingly, the terms of the Settlement Agreement and of the Court's Order shall be forever binding on members of the Class who did not timely exclude themselves. Attached to this Judgment as Exhibit A is a list setting forth the name of each person who has requested exclusion from the Class under the procedures set forth in the Preliminary Approval Order.

12. To effectuate the Settlement, the Court hereby orders that all Class Members who did not timely exclude themselves from the Settlement are barred, enjoined, and restrained from commencing, prosecuting, or asserting any Released Claims against any Released Parties.

13. The Court has considered the Motion for Attorneys' Fees, Expenses, and Costs separately from its consideration of the fairness, reasonableness, and adequacy of the Settlement Agreement. Any order or proceedings relating to the Motion for Attorneys' Fees, Expenses, and Costs, or any appeal from any order relating thereto or reversal or modification thereof, shall not disturb or affect this Judgment or affect or delay the finality of this Judgment.

14. The Court awards $1,703,704.63 in fees and $100,000 in costs and expenses, to be allocated according to the fee allocation agreement among Class Counsel.

15. The Court also approves service awards of $2,500 to Ali Asghari, Daniel Tran, Yung Kim, Ara Dersarkissian, and Katrina Noble for their services on behalf of the Settlement Class, and accordingly orders Defendants to pay those amounts to Class Counsel for distribution to these Named Plaintiffs and class Case 2:13-cv-02529-MMM-VBK Document 186 Filed 05/29/15 Page 6 of 16 Page ID #:4162 representatives.

16. The Court retains jurisdiction over the Parties to enforce the terms of the Order and Judgment, and shall have continuing jurisdiction over the construction, interpretation, implementation, and enforcement of the Settlement Agreement in accordance with its terms.

IT IS SO ORDERED, ADJUDGED, AND DECREED.

EXHIBIT A