Baird

Baird v. BlackRock Institutional Trust Company, N.A.

Good Law
United States District Court, Northern District of CaliforniaNovember 3, 20214:17-cv-01892California5,927 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 CHARLES BAIRD, et al., Case No. 17-cv-01892-HSG Plaintiffs, ORDER GRANTING MOTION FOR

FINAL SETTLEMENT APPROVAL

v. AND GRANTING IN PART AND

DENYING IN PART MOTION FOR

BLACKROCK INSTITUTIONAL TRUST ATTORNEYS’ FEES, COSTS, AND COMPANY, N.A., et al., INCENTIVE AWARDS 11 Defendants. Re: Dkt. Nos. 481, 482 12 Pending before the Court are Plaintiffs’ motions for final approval of class action settlement and for attorneys’ fees, costs, and incentive award. Dkt. Nos. 481, 482. The Court held a final fairness hearing on October 21, 2021. For the reasons detailed below, the Court GRANTS final approval. The Court also GRANTS IN PART AND DENIES IN PART Plaintiffs’ motion for attorneys’ fees, costs, and incentive awards. I. BACKGROUND A. Procedural Background Plaintiff Baird filed his original complaint on April 5, 2017, challenging Defendants’ management of the BlackRock Retirement Savings Plan (the…

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