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Witchko v. Schorsch, 15 Civ. 6043 (AKH). (2020)

Court: District Court, S.D. New York Number: infdco20200123d90 Visitors: 10
Filed: Jan. 22, 2020
Latest Update: Jan. 22, 2020
Summary: ORDER ALVIN K. HELLERSTEIN , District Judge . On January 21, 2020, I held a fairness hearing in the above-captioned action. For the reasons discussed at the hearing, I have entered the Final Order and Judgment Approving Settlement. To resolve remaining issues: 1. As agreed by the parties and stipulated on the record at the hearing, within ten business days, VEREIT, Inc. ("VEREIT") shall pay $250,000 total in attorneys' fees and $3,000 total in expenses to plaintiffs' counsel in Meloche v
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ORDER

On January 21, 2020, I held a fairness hearing in the above-captioned action. For the reasons discussed at the hearing, I have entered the Final Order and Judgment Approving Settlement. To resolve remaining issues:

1. As agreed by the parties and stipulated on the record at the hearing, within ten business days, VEREIT, Inc. ("VEREIT") shall pay $250,000 total in attorneys' fees and $3,000 total in expenses to plaintiffs' counsel in Meloche v. Schorsch, No. 1:16-cv-03366-ELH (D. Md.); $250,000 total in attorneys' fees and $3,000 total in expenses to plaintiffs' counsel in Fran Kosky Roth IRA v. Schorsch, No. 653093/2016 (Sup. Ct. N.Y. Cty.); and $250,000 total in attorneys' fees and $3,000 total in expenses to plaintiffs' counsel in Frampton v. Schorsch, No. 24-C-15-006269 (Md. Cir. Ct.). Plaintiffs' counsel shall dismiss their respective actions with prejudice and without further costs. 2. By January 24, 2020, counsel to plaintiffs in the above-captioned action ("Derivative Counsel") and VERBIT shall submit a proposed schedule for Derivative Counsel's filing of adjusted submissions regarding attorneys' fees and expenses, and for VEREIT's response.

SO ORDERED.

Source:  Leagle

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