Opinion
Case No. SACV 08-1463-JLS (MLGx)
05-22-2015
REGGIE WALLACE, ET AL., Plaintiffs, v. COUNTRYWIDE HOME LOANS, INC., ET AL., Defendants.
JUDGMENT
Class Action
The Court, on April 17, 2015, issued its Order Granting Final Approval of Class Settlement, Award of Attorney's Fees and Costs and Expenses, Class Representative Enhancements, and Release of All Claims by Settlement Class Members ("Order Granting Final Approval").
Pursuant to Federal Rule of Civil Procedure 58, the Court HEREBY ORDERS ENTRY OF JUDGMENT as follows:
1. The Settlement Class as to whom this judgment applies is defined as:
"All individuals who received compensation from Full Spectrum Lending, Inc. in the position of Branch Account Executive between January 1, 2002 and December 31, 2004 who were sent Acknowledgement Letters in connection with Full Spectrum's back pay program, excluding those Branch Account Executives who released their claims through settlement in the case of Walker v. Countrywide Credit Industries, Inc., et. al., U.S. District Court, Northern District of Texas Case No. 3:03-CV-00684-N."
2. The parties shall comply with the terms and conditions of the Settlement Agreement and of the Order Granting Final Approval, including payment of the approved claims made by Class Members, payment of the enhancement awards of $7,500 each to Plaintiffs Reggie Wallace, Travin Lu'I, and Erik Frates, and payment to Class Counsel of approved attorneys' fees in the amount of $3,150,000 and costs in the amount of $150,000. Upon such compliance, and in accordance with the terms of the Order Granting Final Approval, the matter and the Complaint on file herein shall be dismissed in its entirety, with prejudice. The Settlement Class members shall be barred and enjoined from prosecuting the Released Class Claims against the Releasees, as those terms are defined in the Settlement Agreement. The Court shall retain jurisdiction over all matters relating to the interpretation, administration, implementation, effectuation and/or enforcement of the Stipulation of Class Settlement and Release (Dkt. 432-2), the First Amendment to Stipulation of Class Settlement and Release (Dkt. 446), the Order granting Plaintiffs' Motion for Final Approval of the Class Action Settlement and Plaintiffs' Motion for Approval of Attorneys' Fees and Costs and Incentive Awards (Dkt. 474) and/or this Judgment.
3. Persons who timely requested exclusion from the Class: (a) will not participate in the recovery obtained through the Settlement Agreement; and (b) are entitled to prosecute an alternative lawsuit, or an individual claim with the California Labor Commission, in accordance with California law, with regard to the claims alleged in the Complaint.
SO ORDERED: Dated: May 22, 2015
/s/_________
Honorable Josephine L. Staton
United States District Judge