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Angelo Bottoni; Paul Roberts; Tracie Serrano; and Shawnee Silva For Themselves and All Others Similarly Situated v. Sallie Mae

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA


February 25, 2013

ANGELO BOTTONI; PAUL ROBERTS; TRACIE SERRANO; AND SHAWNEE SILVA FOR THEMSELVES AND ALL OTHERS SIMILARLY SITUATED, PLAINTIFFS,
v.
SALLIE MAE, INC.; AND DOES 1 THROUGH 1,000, INCLUSIVE,
DEFENDANTS.

The opinion of the court was delivered by: The Honorable Laurel Beeler

SETTLEMENT STATUS UPDATE

Plaintiffs Angelo Bottoni, Paul Roberts, Tracie Serrano, and Shawnee Silva ("Plaintiffs") and Sallie Mae, Inc. ("Defendant" or "Sallie Mae"), by and through their undersigned counsel, submit this 3 Settlement Status Update as follows: 4

1. At the January 17, 2013 Case Management Conference, the parties advised the Court of 5 their settlement and of their anticipated final documentation of that settlement within the next week. At 6 the parties' request, the Court set the Preliminary Approval Hearing for March 7, 2013 and a Final 7 Fairness Hearing for June 6, 2013. 8

2. Unfortunately, to date the parties have not agreed upon the final form of their formal 9 settlement agreement. 10

3. The parties now anticipate finalizing their settlement agreement within the next two 11 weeks. 12

4. Accordingly, the parties ask that the Court vacate the Preliminary Approval Hearing set 13 for March 7, 2013 and the Final Fairness Hearing set for June 6, 2013, and set a telephonic status 14 conference in approximately two weeks. At that time, the Court can either schedule preliminary and 15 final approval hearings or take such other action as then appears appropriate.

DATED: February 21, 2013 McGuireWoods LLP By: /s/ David L. Hartsell David L. Hartsell Tammy L. Adkins Attorneys for Defendant Sallie Mae, Inc. DATED: February 21, 2013 Gallo LLP By: /s/ Dominic Valerian Ray E. Gallo Dominic Valerian Attorneys for Plaintiffs ANGELO BOTTONI, PAUL ROBERTS, TRACIE SERRANO, and SHAWNEE SILVA, for themselves and all others similarly situated SETTLEMENT STATUS UPDATE

20130225

© 1992-2013 VersusLaw Inc.



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