Chantelle Spagnola

The plaintiffs sought judicial approval of two settlement agreements in class actions alleging price-fixing in the automotive parts industry.

The first settlement with T.Rad was for $1,167,452, and the second with S-Y Systems was for $50,000.

The court found both settlements to be fair, reasonable, and in the best interests of the class, noting they fell within a zone of reasonableness.

The settlements and requested legal fees were approved.

The plaintiffs brought a motion to approve class action settlements with the Sumitomo and GS Electech defendants regarding alleged price-fixing of automotive wire harness systems, electronic control units, and heating control panels.

The court found the settlements, totaling $11 million for Sumitomo and $120,000 for GS Electech, to be fair, reasonable, and in the best interests of the class, noting they fell within a zone of reasonableness compared to U.S. settlements and potential damages.

The court also approved class counsel's 25% contingency fee and disbursements.

The plaintiffs in a securities class action brought a refusals motion seeking production of draft reports, correspondence, and invoices from the defendants' expert witness.

The expert had retained his own independent legal counsel to assist in researching and drafting his affidavit.

The court dismissed the motion, holding that the expert's consultation with his own independent counsel did not compromise his independence or impartiality.

Applying the principles from Moore v. Getahun, the court found that absent a factual foundation showing improper influence, the draft reports and communications were protected by litigation privilege.

The plaintiffs in a certified securities class action sought judicial approval of a $17 million settlement and class counsel's legal fees of approximately $4.1 million.

The court expressed concern over the use of boiler-plate affidavits in settlement approvals and required class counsel to provide supplementary evidence demonstrating that the settlement amount fell within a zone of reasonableness.

After reviewing the additional information regarding litigation risks and damages ranges, the court found the settlement to be in the best interests of the class and approved both the settlement and the requested legal fees.