Charles v. HSBC Bank USA, N.A.

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK

DONALD CHARLES, et al., : Plaintiff, : : 24 Civ. 3992 (LGS) -against- : : ORDER HSBC BANK USA, N.A., : Defendant. : LORNA G. SCHOFIELD, District Judge: WHEREAS, on March 18, 2025, the Court was informed that the parties have reached a settlement agreement in principle. It is hereby ORDERED that, by April 18, 2025, the parties shall submit: (i) the settlement agreement to the Court; and (ii) a joint letter with supporting evidence addressing the findings this Court must make in order to approve the settlement as fair and reasonable. See Cheeks v. Freeport Pancake House, Inc., 796 F.3d 199, 206 (2d Cir. 2015), cert. denied, 136 S. Ct. 824 (2016); Wolinsky v. Scholastic Inc., 900 F. Supp. 2d 332, 335-36 (S.D.N.Y. 2012) (outlining factors district courts have used to determine whether a proposed settlement is fair and reasonable). It is further ORDERED that all conferences and trial are CANCELED.

Dated: March 19, 2025 . New York, New York LORNA G. SCHOFIEL UNITED STATES DISTRICT JUDGE