UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA
November 4, 2010
CALIFORNIA RONALD CHIN, INDIVIDUALLY, AND
APC ON BEHALF OF OTHER MEMBERS OF THE GENERAL PUBLIC SIMILARLY SITUATED, ASSIGNED TO THE HONORABLE CLAUDIA GROUP ANGELES, WILKEN LOS PLAINTIFF,
WACHOVIA EAST, SERVICES, INC.; WACHOVIA
MORTGAGE CORPORATION; APPROVAL OF SETTLEMENT PARK WACHOVIA SERVICES, INC.; I CENTURY WORLD MORTGAGE COMPANY; WACHOVIA COMMERCIAL
MORTGAGE, INC.; WORLD
SAVINGS, INC.; WACHOVIA PLACE: COURTROOM 2 EQUITY SERVICING, LLC; WACHOVIA BANK, N.A; OTHER CASE AFFECTED BY SETTLEMENT: WACHOVIA CORPORATION; AND CHIN V. WACHOVIA FINANCIAL SERVICES, DOES 1 THROUGH 10, INCLUSIVE, INC., ET AL., DEFENDANTS.
The opinion of the court was delivered by: The Honorable Claudia Wilken
Defendants' Counsel Listed On Next Page
Legal FLOOR, CLASS ACTION SECOND nitiative FINANCIAL ORDER DETERMINING GOOD FAITH AND GRANTING FINAL
Time: 2:00 p.m.
Malcolm A. Heinicke (SBN 194174) Malcolm.Heinicke@mto.com MUNGER, TOLLES & OLSON LLP 560 Mission Street Twenty-Seventh Floor San Francisco, CA 94105-2907 Telephone: (415) 512-4000 Facsimile: (415) 512-4077 Attorneys for Defendants WACHOVIA FINANCIAL SERVIES, WACHOVIA MORTGAGE CORPORATION, WACHOVIA SHARED RESOURCES, LLC (erroneously sued as Wachovia Services, Inc.), WORLD MORTGAGE COMPANY, WACHOVIA COMMERCIAL
MORTGAGE, INC., WORLD SAVINGS, INC., WACHOVIA EQUITY SERVING, LLC, WACHOVIA BANK, N.A., WACHOVIA
CORPORATION, and WACHOVIA MORTGAGE, FSB
ANGELES, 13 Group
19 20 21 22 23 24 25 26 27 28
Having considered the Stipulation Re: Settlement of Class Action ("Stipulation") and all other materials properly before the Court and having 3 conducted an inquiry pursuant to the Federal Rules of Civil Procedure, Rule 23, 4 the Court finds that the Stipulation was entered by all parties in good faith, and 5 the Stipulation is approved, including an award of attorneys' fees for Class 6 Counsel in the amount of $150,000 and allowable litigation costs and expenses 7 of up to $10,000. The Court will simultaneously, or the Clerk of the Court shall, 8 enter the Judgment provided in the Stipulation. Wachovia, itself or through the 9 Claims Administrator, shall deliver the payments to the Participating Claimants, 10
the Class Representative and Class Counsel as provided for in the Stipulation.
PURSUANT TO STIPULATION, IT IS SO ORDERED
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