Chavez
Chavez v. Stellar Management Group VII, LLC
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 7 DAVID CHAVEZ, et al., Case No. 19-cv-01353-JCS
Plaintiffs,
ORDER GRANTING IN PART
v. MOTION FOR ATTORNEYS’ FEES,
COSTS, AND INCENTIVE AWARDS
STELLAR MANAGEMENT GROUP VII, LLC, et al., Re: Dkt. No. 155 12 Defendants.
13 In conjunction with their motion for final approval of a class action settlement, which the Court grants today by a separate order, Plaintiffs move to approve awarding from the common settlement fund attorneys’ fees totaling $1,416,666.52, costs totaling $34,384.78, and incentive awards of $12,000 and $10,000 respectively for the two named plaintiffs serving as class representatives. Plaintiffs’ request for attorneys’ fees amounts to approximately one third1 of the $4,250,000 gross settlement. The Ninth Circuit has long recognized twenty-five percent of a common fund settlement as a benchmark for awarding attorneys’ fees. See, e.g., In re Hyundai & Kia Fuel Econ. Litig., 926 F.3d 539, 570 (9th Cir.…