What is the test for determining whether a proposed settlement is fair, adequate and reasonable?
MultiRegion, United States of America
The following excerpt is from Cifuentes v. Ceva Logistics United States, Inc., Case No.: 3:16-cv-01957-H-DHB (S.D. Cal. 2017):
Rule 23(e) requires a court to determine whether a proposed settlement is "fundamentally fair, adequate, and reasonable." Staton v. Boeing Co., 327 F.3d 938, 959 (9th Cir. 2003). To make this determination, a court must consider a number of factors, including: (1) the strength of the plaintiff's case; (2) the risk, expense, complexity, and
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