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06-114 - LAN v. LUDROF et al

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06-114 - LAN v. LUDROF et al
March 21, 2008
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MEMORANDUM OPINION AND ORDER: AND NOW, to wit, this 21st day of March, 2008, for the reasons set forth in the accompanying Memorandum Opinion, which constitutes this Court's findings of fact and conclusions of law, IT IS HEREBY ORDERED as follows: 1. Plaintiff's Motion (Doc. # 87) for Final Approval of the Proposed Class Action Settlement is GRANTED; 2. Plaintiffs' Counsels' Motion (Doc. # 85) for an Award of Attorneys' Fees, Reimbursement of Expenses, and Plaintiffs' Incentive Fees, as modified, is GRANTED; 3. The Objection of Naomi Purchase to Class Counsels' fee application is OVERRULED; 4. The Request of Frank J. Johnson, Esq. for an award of counsel fees and reimbursement of expenses is GRANTED to the extent that Mr. Johnson will be awarded $39,257.08 in counsel fees; in all other respects said request is DENIED; and 5. In light of the likelihood of an appeal concerning the issue of Mr. Johnson's fee request, seven percent (7%) of the Settlement Fund shall be set aside in an interest-bearing escrow account pending final resolution of Mr. Johnson's fee request on appeal or expiration of the appeal period. Signed by Judge Sean J. McLaughlin on 03/21/2008. (kas)