PRELIMINARY APPROVAL OF THE TERMS OF THE SETTLEMENT. A. The Settlement requires Defendants to make a payment of Three Million Two Hundred Thirty-Seven Thousand Five Hundred Dollars ($3,237,500.00) as set forth in the Settlement Agreement.
PRELIMINARY APPROVAL OF THE TERMS OF THE SETTLEMENT. A. . The Settlement requires Viridian to pay (i) Administration and notice expenses,
PRELIMINARY APPROVAL OF THE TERMS OF THE SETTLEMENT. A. On a preliminary basis, taking into account (1) the value and certainty of the benefits to be provided by the Settlement to Settlement Class Members who submit valid and timely Claim Forms; (2) the defenses asserted by Generac; (3) the risks to Plaintiffs and Settlement Class Members that Generac would successfully defend against class certification and/or against the merits of the claims alleged in this Lawsuit, whether litigated by Settlement Class Members themselves or on their behalf in a class action; and (4) the length of time that would be required for Settlement Class Members or any of them to obtain a final judgment through one or more trials and appeals, the Settlement appears sufficiently fair, reasonable, and adequate to authorize dissemination of notice to the Settlement Class as set forth in the Settlement Agreement.
PRELIMINARY APPROVAL OF THE TERMS OF THE SETTLEMENT. 18 A. Defendant has at all times disputed, and continues to dispute, Plaintiff’s allegations in 19 the Lawsuit, denies all liability for any of the claims that have, or could have, been alleged by 20 Plaintiff or other members of the Settlement Class, and maintains that the Class Refrigerators are 21 free of defects.
PRELIMINARY APPROVAL OF THE TERMS OF THE SETTLEMENT. A. Defendant has at all times disputed, and continues to dispute, Plaintiffs’ allegations in the Lawsuits, denies any liability for any of the claims that have or could have been alleged by Plaintiffs or other members of the Settlement Class, and maintains that the Class Washers are free of defects.
PRELIMINARY APPROVAL OF THE TERMS OF THE SETTLEMENT. A. The Settlement requires NIBCO to make payments up to the aggregate amount of Seven Million Six Hundred Fifty Thousand Dollars ($7,650,000.00) (the “Class Settlement Fund”) into an interest-bearing account (“the Settlement Escrow Account”).
PRELIMINARY APPROVAL OF THE TERMS OF THE SETTLEMENT. 5. On a preliminary basis, taking into account (1) the value and certainty of the benefits to be provided by the Settlement Agreement to Class Members; (2) the defenses asserted by Defendant; (3) the risks to Plaintiffs and Class Members that Defendant would successfully defend against class certification and/or against the merits of the claims alleged in this Action; and
