Filed: Jun. 14, 2013
Latest Update: Jun. 14, 2013
Summary: JOINT STIPULATION REGARDING SETTLEMENT ADMINISTRATION SCHEDULE SUSAN ILLSTON, District Judge. Plaintiffs and Class Representatives Eli Goldhaber and Josephina Goldhaber ("Class Representatives"), and Defendant RBS Financial Products Inc. ("RBS" or "Defendant") (together, with Plaintiffs, the "Parties"), through their undersigned counsel, stipulate as follows: WHEREAS, on June 14, 2013, the Court held a hearing on the Parties' Joint Motion for Preliminary Approval of Class Action Settlement ("
Summary: JOINT STIPULATION REGARDING SETTLEMENT ADMINISTRATION SCHEDULE SUSAN ILLSTON, District Judge. Plaintiffs and Class Representatives Eli Goldhaber and Josephina Goldhaber ("Class Representatives"), and Defendant RBS Financial Products Inc. ("RBS" or "Defendant") (together, with Plaintiffs, the "Parties"), through their undersigned counsel, stipulate as follows: WHEREAS, on June 14, 2013, the Court held a hearing on the Parties' Joint Motion for Preliminary Approval of Class Action Settlement ("P..
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JOINT STIPULATION REGARDING SETTLEMENT ADMINISTRATION SCHEDULE
SUSAN ILLSTON, District Judge.
Plaintiffs and Class Representatives Eli Goldhaber and Josephina Goldhaber ("Class Representatives"), and Defendant RBS Financial Products Inc. ("RBS" or "Defendant") (together, with Plaintiffs, the "Parties"), through their undersigned counsel, stipulate as follows:
WHEREAS, on June 14, 2013, the Court held a hearing on the Parties' Joint Motion for Preliminary Approval of Class Action Settlement ("Preliminary Approval Motion");
WHEREAS, on June 14, 2013, the Court granted the Preliminary Approval Motion and signed an order ("Preliminary Approval Order") preliminarily approving the settlement between the Parties ("Settlement Agreement") in the same form as Exhibit A to the Declaration of Jeffrey K. Berns on May 2, 2013 (Doc. 427-1) and set the Final Approval Hearing for November 15, 2013 at 9:00 A.M;
WHEREAS, the Court directed the Parties to file a stipulation setting forth the deadlines for the implementation and administration of the Settlement, including deadlines for RBS Subclass Members to request to be excluded or to object, pursuant to the Court's Preliminary Approval Order and the Settlement Agreement;
NOW, THEREFORE, IT IS HEREBY STIPULATED AND AGREED, between Class Representatives, by their undersigned counsel, and Defendant RBS, by their undersigned counsel, that the deadlines for the implementation and administration of the settlement through the Final Approval Hearing are as follows:
Date Action/Event
June 21, 2013 Deadline for RBS to provide addresses
for all RBS Subclass members to
Settlement Administrator
June 24, 2013 Deadline for RBS to establish
Settlement Fund with $20,000
July 14, 2013 Deadline for Class Counsel to post the
following on its website:
a. Preliminary Approval Order
b. Settlement Notice
c. Complaint
July 14, 2013 Deadline for Settlement Administrator
to mail Settlement Notices
August 28, 2013 (or earlier if Settlement Deadline for RBS Subclass members to
Notices are mailed prior to July 14, mail Request for Exclusion
2013, as the deadline is 45 days from the
date when Settlement Notices are
mailed)
August 29, 2013 (or earlier if Settlement Deadline for Class Counsel to file fee
Notices are mailed prior to July 14, application and request for Service
2013, as the deadline is 14 days prior to Payments to Class Representatives
the deadline for RBS Subclass members
to mail Written Objections)
September 12, 2013 (or earlier if Deadline for RBS Subclass members to
Settlement Notices are mailed prior to serve upon Counsel and file with the
July 14, 2013, as the deadline is 60 days Court a Written Objection
from when Settlement Notices are
mailed)
September 27, 2013 (or earlier if Deadline for Settlement Administrator
Settlement Notices are mailed prior to to provide Counsel with copies of all
July 14, 2013, as the deadline is 75 days Requests for Exclusion
from when Settlement Notices are
mailed)
October 11, 2013 Deadline for the Parties to file a joint
motion requesting final approval of the
Settlement Agreement
November 1, 2013 Deadline for the following: (1) Class
Counsel and RBS may file a
memorandum addressing any timely
filed Written Objections; (2) Settlement
Administrator to file with the Court and
serve on Class Counsel and counsel for
RBS a declaration stating that any
required Notice has been completed;
(3) Settlement Administrator to file
with the Court a declaration identifying
all persons who have made a timely
and valid Request for Exclusion; and
(4) Class Counsel and counsel for RBS
may file with the Court and serve to
any RBS Subclass Member a written
response to any Written Objection filed
and served by any RBS Subclass
Member.
November 15, 2013 at 9:00 a.m. Final Approval Hearing
