Lloyd
Lloyd v. Navy Federal Credit Union
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…