The following excerpt is from In re Illumina, Inc. Securities Litig., Case No.: 3:16-cv-3044-L-MSB (S.D. Cal. 2019):
"[S]ettlement avoids the risks of extreme results on either end, i.e., complete or no recovery. Thus, it is plainly reasonable for the parties at this stage to agree that the actual recovery realized, and risks avoided here outweigh the opportunity to pursue potentially more favorable results through full adjudication." Dennis v. Kellogg Co., 2013 WL 6055326, at *3 (Nov. 14, 2013).
The above passage should not be considered legal advice. Reliable answers to complex legal questions require comprehensive research memos. To learn more visit www.alexi.com.