Opinion
20 Civ. 10269 (JCM)
08-04-2021
ORDER
JUDITH C. McCARTHY, UNITED STATES MAGISTRATE JUDGE
Plaintiff Marisa Nisti co (“Plaintiff') commenced this action to recover unpaid minimum and overtime wages, and liquidated and statutory damages under the Fair Labor Standards Act (“FLSA”), 29 U.S.C. §§ 201, et seq., and the New York Labor Law (“NYLL”), §§ 190, et seq., and 650, et seq. (Docket No. 1). Defendants denied these allegations. (Docket No. 26). On July 1, 2021, the parties submitted a Settlement Agreement and General Release (“Agreement”) for the Court's review, (Docket No. 44-1), accompanied by a joint letter in support of the Agreement (Docket No. 44), as well as attorney's time records and costs, provided, ex parte, by e-mail on July 2, 2021. On August 3, 2021, the parties submitted a revised Settlement Agreement and General Release (“Revised Agreement”), (Docket No, 46), which includes a release that is narrowly tailored to cover only wage and hour claims, (id. ¶ 3).
The parties consented to the jurisdiction of the undersigned over this matter for all purposes pursuant to 28 U.S.C. § 636(c) on April 22, 2021. (Docket No, 34).
During a telephone conference on July 23, 2021, the Court informed the parties that it had reviewed their joint submission, but would not approve the Agreement because the release was overbroad, and directed the parties to submit a revised Agreement for the Court's review.
“In determining whether the proposed settlement is fair and reasonable, a court should consider the totality of circumstances, including but not limited to the following factors: (1) the plaintiffs range of possible recovery; (2) the extent to which ‘the settlement will enable the parties to avoid anticipated burdens and expenses in establishing their respective claims and defenses'; (3) the seriousness of the litigation risks faced by the parties; (4) whether ‘the settlement agreement is the product of arm's-length bargaining between experienced counsel'; and (5) the possibility of fraud or collusion.” Wolinsky v. Scholastic Inc., 900 F.Supp.2d 332, 335 (S.D.N.Y. 2012) (citations omitted). “The ultimate question is whether the proposed settlement reflects a fair and reasonable compromise of disputed issues rather than a mere waiver of statutory rights brought about by an employer's overreaching.” Id. (internal quotations omitted).
Based on my review of the Revised Agreement, (Docket No. 46), the joint letter, (Docket No. 44), and the documentation supporting the reasonableness of the attorney's fees and costs, I find the settlement was the product of arm's-length negotiations between able counsel and that the terms of the Revised Agreement, including the approval of Plaintiff s counsel s fees, are a fair and reasonable resolution of the case. See Johnson v. Brennan, No. 10 Civ. 4712(CM), 2011 WL 4357376, at * 12 (S.D.N.Y. Sept. 16, 2011) (“If the proposed settlement reflects a reasonable compromise over contested issues, the court should approve the settlement.”) (citations omitted). Accordingly, the Court approves the settlement.
The Clerk is respectfully requested to close the case.
SO ORDERED.