Wirtz v. First National Bank & Trust Co.

How courts have described this case

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

• finding $13,000,000 settlement amount that reflected percentage of recovery of 16.5% was within the range of reasonableness
• finding procedural fairness in part because parties were represented by experienced counsel and there was evidence of arm’s-length negotiations
• finding settlement fund reasonable when it amounted to 16.5% of maximum possible recovery
• “the reaction of the class to date supports approval of the Settlement” where “[n]o class members have objected to the Settlement.”
• noting extent of merits-related discovery

Source: CourtListener parenthetical corpus (CC0).