Shannon v. Associates Financial Services Co.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• comparing advantages of an immediate cash payment with risks involved in long and uncertain litigation
• absent class members “will have a more concrete basis for deciding whether to opt out of a plaintiffs’ class”
• “Upon consideration of the proposed settlement presented to this Court for preliminary approval, the Court finds that it is at least sufficiently fair, reasonable and adequate to justify notice to those affected and an opportunity to be heard.”
• access to expert testimony and other evidence from parallel state court proceedings as well as to relevant public documents led court to believe counsel \availed themselves of all of these sources of information and conducted full adversarial negotiations. . .\
• making findings in the opinion which preliminarily approved the settlement

Source: CourtListener parenthetical corpus (CC0).