Lloyd

Lloyd v. Navy Federal Credit Union

Good Law
United States District Court, Southern District of CaliforniaJuly 27, 20213:17-cv-01280California833 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA 10 JENNA LLOYD and JAMIE Case No.: 17-cv-01280-BAS-RBB PLEMONS, on behalf of themselves

ORDER GRANTING JOINT

and all others similarly situated, MOTION FOR APPROVAL

OF CY PRES DISTRIBUTION

Plaintiffs, v. (ECF No. 75)

NAVY FEDERAL CREDIT UNION,

15 Defendant.

Before the Court is the parties’ Joint Motion for Approval of Cy Pres Distribution (“Joint Motion”). (ECF No. 75.) For the foregoing reasons, the Court GRANTS the Joint Motion. I. BACKGROUND Plaintiffs filed this action alleging that Navy Federal improperly assessed and collected Optional Overdraft Protection Fees (“OOPS Fees”) from Plaintiffs and a putative class of Navy Federal accountholders on certain debit card transactions. (See First Am. Compl., ECF No. 4.) The parties ultimately reached a settlement, which establishes, in relevant part, that after two rounds of distribution, any remaining settlement funds shall be distributed to…

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