Houston Municipal Employees Pension System v. BofI Holding, Inc.

Good Law
United States District Court, Southern District of CaliforniaJune 8, 20223:15-cv-02324California11,362 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF CALIFORNIA Case No.: 3:15-CV-02324-GPC-KSC

IN RE:

11 BofI HOLDING, INC. SECURITIES ORDER: LITIGATION. (1) CONDITIONALLY APPROVING

THE PROPOSED NOTICE FORM

AND PROOF OF CLAIM FORM;

15 (2) APPROVING PLAINTIFF’S PLAN OF ALLOCATION; AND

17 (3) GRANTING PRELIMINARY APPROVAL OF CLASS ACTION

SETTLEMENT

[ECF No. 370-1] 21 Before the Court is Plaintiffs’ Motion for Preliminary Approval of Class Action Settlement. ECF No. 370-1. Defendants filed a Statement of Non-Opposition. ECF No. 372. On June 3, 2022 the Court held a hearing on this matter. ECF No. 375. For the reasons set forth below, the Court conditionally approves the Proposed Notice Form, subject to the revisions consistent with the Court’s Order, and the Proof of Claim Form; approves the Plan of Allocation detailed by Plaintiff and Class Counsel in their moving papers;…

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