ORDER

JOHN ANTOON II, District Judge.

This case is before the Court on Plaintiffs' Motions for 1) Preliminary Approval of Settlement Agreement and for Certification of Settlement Class (Doc. No. 65); and 2) Preliminary Motion for Award of Attorneys' Fees and Costs (Doc. No. 74); and the Joint Renewed Motion for Preliminary Approval of the Settlement Agreement and For Certification of the Settlement Class (Doc. No. 71). The United States Magistrate Judge has submitted a report recommending that the motions be denied.

After an independent de novo review of the record in this matter, and consideration of Plaintiffs' Objections to the Report and Recommendation (Doc. No. 80), including Plaintiffs' arguments at a June 28, 2012 hearing, the Court agrees with the findings of fact and conclusions of law in the Report and Recommendation. Therefore, it is ORDERED as follows:

1. That the Report and Recommendation filed April 20, 2012 (Doc. No. 75) is ADOPTED and CONFIRMED in all respects except that I grant leave to the parties to submit an Amended Motion for Preliminary Approval of the Settlement Agreement and for Certification of Class within thirty (30) days from the date of this Order. The granting of leave is based on ambitious — but perhaps unrealistic — representations of Plaintiffs' counsel that all flaws in the Settlement Agreement noted by Magistrate Judge Spaulding in the Report and Recommendation can be cured.

2. Plaintiffs' Motion for Preliminary Approval of Settlement Agreement and For Certification of Settlement Class (Doc. No. 65) is DENIED.

3. The parties' Joint Renewed Motion for Preliminary Approval of the Settlement Agreement and For Certification of the Settlement Class (Doc. No. 71) is DENIED.

4. Plaintiffs' Preliminary Motion for Award of Attorneys' Fees and Costs (Doc. No. 74) is DENIED.

DONE and ORDERED.