In re California Gasoline Spot Market Antitrust Litigation

District Court, N.D. California·Decided March 14, 2025·No. 3:20-cv-03131·Unknown

Opinion

IN RE CALIFORNIA GASOLINE SPOT Case No. 3:20-cv-03131-JSC

ORDER RE: MOTION FOR FINAL APPROVAL AND MOTION FOR ATTORNEYS’ FEES, EXPENSES, AND Re: Dkt. Nos. 621, 622

Plaintiffs filed this putative class action bringing state antitrust and unjust enrichment claims against SK Energy Americas, Inc., Vitol Inc., and two individual defendants alleging Defendants formed horizonal agreements to restrain competition and manipulate the spot market for gasoline and gasoline blending components formulated for use in California. Plaintiffs now move for final approval of the class action settlement and for attorneys’ fees, costs, and service awards for the representative Plaintiffs. (Dkt. Nos. 621, 622, 626.1) Having considered the briefing and relevant legal authority, had the benefit of oral argument on March 12, 2025, and given the additional information provided in Plaintiffs’ supplemental submission (Dkt. Nos. 626, 627), the Court GRANTS the motion for final approval and GRANTS IN PART and DENIES IN PART the motion for attorneys’ fees, costs, and service awards. The California Attorney General filed a parens patriae action in the San Francisco Superior Court bringing Cartwright Act and UCL claims against Defendants. See The People of the State of California v. Vitol, Inc., et al., Case No. CGC20584456 (S.F. Superior, filed May 4, 2020) (“AG Action”). Two days after the AG Action was filed, Pacific Wine Distributors, Inc., filed the first action in this District. (Dkt. No. 1.) The other named plaintiffs subsequently filed separate actions, each of which was related to this action. The parties thereafter stipulated that all 23 related actions be consolidated for purposes of trial. (Dkt. Nos. 67, 121, 133, 146, 148, 174.) The Court appointed Hausfeld and Girard Sharp as co-lead interim class counsel. (Dkt. No. 167.) After a series of motions to dismiss, Plaintiffs filed a motion for class certification. (Dkt. No. 512.) At the hearing on the motion for class certification, the parties advised the Court a settlement had been reached in the AG action. (Dkt. No. 577.) Over the ensuing months, the parties sought, and the Court granted, a series of requests to stay proceedings while the settlement in the AG Action was finalized and the parties in this action attempted to resolve the claims here. On February 1, 2024, the parties advised the Court they had reached a settlement in principle, and ultimately, the underlying motion for preliminary approval was filed. (Dkt. Nos. 595, 601.) At the preliminary approval hearing, the Court ordered Plaintiffs to file a supplemental submission addressing concerns regarding notice and the settlement amount. (Dkt. No. 612.) Plaintiffs then filed a supplemental submission which includes a revised long-form notice. (Dkt. No. 613.) On August 23, 2024, the Court granted Plaintiffs’ motion for preliminary approval. (Dkt. No. 614.) Following notice to the class, Plaintiffs filed the now pending motion for final approval and motion for attorneys’ fees and costs as well as several supplemental declarations regarding claims administration. (Dkt. Nos. 618, 621, 622, 623.) Upon review of the motions, the Court requested supplemental briefing regarding the individual class members’ recovery and Counsels’ request for nearly $7 million in litigation expenses. (Dkt. No. 625.) Plaintiffs submitted declarations from Class Counsel and the Settlement Administration addressing the Court’s questions. (Dkt. Nos. 626, 627.) On February 28, 2025, the San Francisco Superior Court granted final approval of the AG Action. (Dkt. No. 626-1.) // A. The Settlement Class The Settlement Class is composed of:

(a) natural persons who, at the time of purchase, were not residents of the State of California, and (b) all Persons that are not natural persons, wherever located, that: (i) purchased Gasoline from a retailer, (ii) for their own use and not for resale, (iii) within the State of California, (iv) from February 18, 2015, through May 31, 2017. (Dkt. No. 601-2, Settlement Agreement, § 1.26.) The Settlement Class excludes:

(a) the California Attorney General, bringing suit in the name of the People of the State of California, including in his role as parens patriae for natural persons residing in the State of California, as pleaded in the complaint in the People’s Action; (b) the Settling Defendants or any other named defendant in the litigation; (c) officers, directors, employees, legal representatives, heirs, successors, or wholly or partly owned subsidiaries or affiliated companies of the Settling Defendants or any other named defendant in the litigation; (d) Class Counsel and their respective partners and employees; (e) the Court and other judicial officers, their immediate family members, and associated court staff assigned to the Litigation; and (f) those individuals who timely and validly exclude themselves from the Settlement Class. (Id.) B. Payment Terms The Settlement Agreement requires Defendants to establish a non-reversionary Gross Settlement Fund of $13.9 million in an escrow account maintained by Huntington National Bank. (Id. at §§ 1.9, 1.13, 1.15, 3.1, 3.6.) Under the Settlement Agreement, the following amounts, as approved by the Court, may be deducted from the Gross Settlement Fund to yield the Net Settlement Fund: (1) the costs of notice and administration, (2) litigation costs, and (3) service awards for the Settlement Class Representatives. (Id. at § 1.15.) Plaintiffs intend to seek recovery of attorneys’ fees from the Net Settlement Amount. (Dkt. No. 613 at 4.) The Plan of Allocation for dividing the Net Settlement Fund among class members recognizes two different pools of Settlement Class Members: (1) businesses, and (2) and non- California consumers. (Dkt. No. 601 at 26; Dkt. No. 601-3, Plan of Allocation, § 2.) The Net Settlement Fund will be distributed in pro rata shares among these two pools based on “the relative strength of the claims depending on where the Gasoline was purchased (Southern or Northern California)” as follows:

(1) 85% of the Settlement Fund will be allocated to compensate businesses that allegedly paid supracompetitive prices for Gasoline due to Defendants’ conduct, and the remaining 15% of the Settlement Fund will be allocated to non-California natural persons (unless that leads to compensation of either group beyond their collective single damages), (2) Gasoline purchases made in Southern California will be compensated at twice the rate compared to those in Northern California (purchases in Southern California will carry weight of 1 and purchases in Northern California will carry a weight of 0.5). (Dkt. No. 601 at 26 (citing Dkt. No. 601-3, Plan of Allocation, §§ 22-25).) Any funds unclaimed after six months “shall be redistributed among those Eligible Claimants who have cashed their checks and who would receive at least $15 from the redistribution, after payment of any additional costs or fees incurred in administering the Net Settlement Fund for the redistribution.” (Dkt. No. 601-3 at § 29.) However, if Class Counsel decide “redistribution would be uneconomical” they may seek an order approving of a cy pres recipient. (Id. at § 30.) C. Scope of Release Any Settlement Class member who does not submit a timely request for exclusion releases:

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In re California Gasoline Spot Market Antitrust Litigation, (N.D. Cal. 2025).

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