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- nyed;;1:16-cv-05030_de34 RegisterActionDate "2017-07-16" @default.
- nyed;;1:16-cv-05030_de34 RegisterActionDescriptionText "ORDER granting 23 Motion for Settlement. I have reviewed the letter motion filed by plaintiff dated July 14, 2017, Docket Entry 23, seeking approval of the settlement agreement reached by the parties. I have also reviewed the settlement agreement, Docket Entry 23-1. Having done so, I find that "the agreement reflects a reasonable compromise of disputed issues [rather] than a mere waiver of statutory rights brought about by an employer's overreaching." Le v. SITA Information Networking Computing, USA, Inc., 2008 WL 724155 (E.D.N.Y. Mar. 13, 2008)(internal quotations and citation omitted). See also Cheeks v. Freeport Pancake House, Inc., 796 F.3d 199 (2d Cir. 2015). In reaching this conclusion, I have considered, among other things, (1) that the settlement amount provides plaintiff with a recovery, net of attorney's fees, greater than twice the amount of overtime wages he claims are due him; (2) that the attorney's fees portion of the settlement is consistent with the terms of plaintiff's retainer agreement and is for an amount equal to one-third of the total amount of the settlement; (3) that the release provided for in the agreement is limited in scope; and (4) that the settlement agreement does not impose a duty of confidentiality. The settlement is therefore approved, the proposed stipulation and order of dismissal with prejudice submitted as Docket Entry 23-1, page 10 of 10 is hereby approved and entered as an Order of the Court, and the Clerk is respectfully requested to close the case. Ordered by Magistrate Judge Steven M. Gold on 7/16/2017. (Gold, Steven) (Entered: 07/16/2017)" @default.
- nyed;;1:16-cv-05030_de34 AdministrativeID "None" @default.
- nyed;;1:16-cv-05030_de34 OntologyLabel dispositive @default.
- nyed;;1:16-cv-05030_de34 OntologyLabel order @default.
- nyed;;1:16-cv-05030_de34 OntologyLabel settlement @default.
- nyed;;1:16-cv-05030_de34 hasReferenceToOtherEntry nyed;;1:16-cv-05030_de33 @default.