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Zajonc v. Morgan Stanley & Co. LLC, 4:14-cv-05563-EMC. (2016)

Court: District Court, N.D. California Number: infdco20160316880 Visitors: 3
Filed: Mar. 15, 2016
Latest Update: Mar. 15, 2016
Summary: NOTICE OF SETTLEMENT AND REQUEST TO VACATE ALL DATES ON CALENDAR ORDER EDWARD M. CHEN , District Judge . Plaintiffs Jason Zajonc and Dennis Fowler and Defendants MORGAN STANLEY & CO. LLC, f/k/a Morgan Stanley & Co. Incorporated, MORGAN STANLEY SMITH BARNEY LLC, and MORGAN STANLEY provide notice to the Court that the parties have reached an agreement in principle to resolve this case as part of a global settlement of the following cases: DeVries v. Morgan Stanley & Co., LLC, No. 12-81223
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NOTICE OF SETTLEMENT AND REQUEST TO VACATE ALL DATES ON CALENDAR

ORDER

Plaintiffs Jason Zajonc and Dennis Fowler and Defendants MORGAN STANLEY & CO. LLC, f/k/a Morgan Stanley & Co. Incorporated, MORGAN STANLEY SMITH BARNEY LLC, and MORGAN STANLEY provide notice to the Court that the parties have reached an agreement in principle to resolve this case as part of a global settlement of the following cases: DeVries v. Morgan Stanley & Co., LLC, No. 12-81223 (S.D. Fla.); Hix v. Morgan Stanley & Co., LLC, No. 15-1157 (D. Md.), and Johnson v. Morgan Stanley & Co., LLC, No. 15-4856 (S.D.N.Y.). The parties' settlement will be memorialized in a settlement stipulation to be presented to the DeVries court for approval.

The settlement calls for this case to be transferred to the United States District Court for the Southern District of Florida to be joined with the DeVries action before Judge Kenneth Marra for purposes of seeking approval of the settlement and implementing the settlement. DeVries is the earliest-filed case including those putative class members participating in the settlement, is a post-Fair Labor Standards Act conditional certification notice case, and encompasses most of the individuals whose claims are being settled in the global settlement.

The parties will finalize the formal settlement documents and submit to this Court a joint motion to transfer to the Southern District of Florida by April 11, 2016. Given the settlement, the parties respectfully request that all deadlines and appearances be taken off calendar.

Source:  Leagle

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