Golan v. Deutsche Bank Securities Inc.

Justia Dockets & Filings Second Circuit New York Southern District Golan v. Deutsche Bank Securities Inc.

Golan v. Deutsche Bank Securities Inc.

Plaintiff:	Ron Golan
Defendant:	Deutsche Bank Securities Inc.
Case Number:	1:2015cv00221
Filed:	January 13, 2015
Court:	US District Court for the Southern District of New York
Office:	Foley Square Office
County:	New York
Presiding Judge:	Paul A. Engelmayer
Nature of Suit:	Fair Labor Standards Act
Cause of Action:	29 U.S.C. § 216
Jury Demanded By:	Plaintiff

Follow case documents by RSS

Available Case Documents

The following documents for this case are available for you to view or download:

Date Filed	Document Text
December 29, 2015	Filing 44 OPINION & ORDER: On December 28, 2015, defense counsel submitted via email a settlement agreement ("the Agreement") and proposed stipulation of dismissal with prejudice in this matter arising under the Fair Labor Standards Act ("FLS A"), 29 U.S.C. § 201 et seq. For the reasons that follow, the Court declines to approve the settlement and directs the parties to submit additional information. In light of this ruling, the parties may proceed in one of the three foll owing ways: 1. The parties may file a revised agreement by January 15, 2016, that addresses the concerns expressed in this order. The parties also shall file a joint letter that (1) describes the bona fides of the dispute and identifies and expl ains the amount that plaintiff could receive if he prevailed at trial, and (2) explains why the settlement amount and the portion of the settlement allocated to attorneys' fees are fair and reasonable. Plaintiffs counsel also shall submit con temporaneous time records, and information regarding the hourly rate for all attorneys and support staff who have worked on this case; or 2. The parties may file a joint letter by January 15, 2016, indicating their intention to abandon the set tlement and to continue litigating this matter; or 3. The parties may stipulate to a dismissal of this case without prejudice, as such settlements do not require Court approval. See Cheeks, 796 F.3d at 201 n. 2. (As further set forth in this Order) (Signed by Judge Paul A. Engelmayer on 12/29/2015) (kl)

Date Filed

Document Text

December 29, 2015

Filing 44 OPINION & ORDER: On December 28, 2015, defense counsel submitted via email a settlement agreement ("the Agreement") and proposed stipulation of dismissal with prejudice in this matter arising under the Fair Labor Standards Act ("FLS A"), 29 U.S.C. § 201 et seq. For the reasons that follow, the Court declines to approve the settlement and directs the parties to submit additional information. In light of this ruling, the parties may proceed in one of the three foll owing ways: 1. The parties may file a revised agreement by January 15, 2016, that addresses the concerns expressed in this order. The parties also shall file a joint letter that (1) describes the bona fides of the dispute and identifies and expl ains the amount that plaintiff could receive if he prevailed at trial, and (2) explains why the settlement amount and the portion of the settlement allocated to attorneys' fees are fair and reasonable. Plaintiffs counsel also shall submit con temporaneous time records, and information regarding the hourly rate for all attorneys and support staff who have worked on this case; or 2. The parties may file a joint letter by January 15, 2016, indicating their intention to abandon the set tlement and to continue litigating this matter; or 3. The parties may stipulate to a dismissal of this case without prejudice, as such settlements do not require Court approval. See Cheeks, 796 F.3d at 201 n. 2. (As further set forth in this Order) (Signed by Judge Paul A. Engelmayer on 12/29/2015) (kl)

Access additional case information on PACER

Use the links below to access additional information about this case on the US Court's PACER system. A subscription to PACER is required.

Access this case on the New York Southern District Court's Electronic Court Filings (ECF) System

Search for this case: Golan v. Deutsche Bank Securities Inc.
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Web	[ Unicourt \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]
Plaintiff: Ron Golan
Represented By:	Darnley Dickinson Stewart
Represented By:	Pearl Zuchlewski
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Finance	[ Google Finance \| Yahoo Finance \| Hoovers \| SEC Edgar Filings ]
Search Web	[ Unicourt \| Justia Dockets \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]
Defendant: Deutsche Bank Securities Inc.
Represented By:	Brendan Thomas Killeen
Represented By:	Kenneth Joseph Turnbull
Search News	[ Google News \| Marketwatch \| Wall Street Journal \| Financial Times \| New York Times ]
Search Finance	[ Google Finance \| Yahoo Finance \| Hoovers \| SEC Edgar Filings ]
Search Web	[ Unicourt \| Justia Dockets \| Legal Web \| Google \| Bing \| Yahoo \| Ask ]

Disclaimer: Justia Dockets & Filings provides public litigation records from the federal appellate and district courts. These filings and docket sheets should not be considered findings of fact or liability, nor do they necessarily reflect the view of Justia.

Why Is My Information Online?