Bhatia
Bhatia v. Silvergate Bank
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 IN RE: SILVERGATE CAPITAL Case No.: 3:23-cv-01406-RBM-BLM
CORPORATION
ORDER DIRECTING PARTIES TO
FILE SUPPLEMENTAL BRIEFING
ON MOTION FOR PRELIMINARY
APPROVAL
15 [Doc. 66] 16 17 Pending before the Court is Plaintiffs’ Motion for Preliminary Settlement Approval (“Preliminary Approval Motion”). (Doc. 66.) In their Preliminary Approval Motion Plaintiffs request that this Court grant preliminary approval of the proposed settlement and defer its approval of the notice and allocation plans, including the separate notice required under the Class Action Fairness Act (“CAFA”). (Id. at 30–33.) Having reviewed the submissions, the Court finds that additional briefing is warranted. Preliminary approval is appropriate when “the court will likely be able to” grant final approval under Federal Rule of Civil Procedure (“Rule”) 23(e). Fed. R. Civ. P. 23(e)(1)(B). When parties seek approval of a class settlement before class certification, 27 …