Luo v. Spectrum Pharmaceuticals, Inc.

2 UNITED STATES DISTRICT COURT 3 DISTRICT OF NEVADA 4] Jose Chung Luo, et al., Case No. 2:21-cv-001612-CDS-BNW 5 Plaintiffs Order Setting Hearing on Motion for Preliminary Approval of Proposed GI] v. Class Action Settlement 7|| Spectrum Pharmaceuticals, Inc., et al, [ECF No. 130] 8 Defendants 10 Lead plaintiff International Trading Group, Inc. filed an unopposed motion for preliminary approval of settlement. ECF No. 130. Under Federal Rule of Civil Procedure 23, if a 12|| proposal would bind class members, “the court may approve it only after a hearing and only on 13}| finding that it is fair, reasonable, and adequate after considering” a number of factors. Fed. R. 14]| Civ. P. 23(e)(2). Generally, the approval of class action settlements under Rule 23(e) occurs in 15|| two stages. In the first stage, “the court preliminarily approves the settlement pending a fairness 16|| hearing, temporarily certifies a settlement class, and authorizes notice to the class.” Ontiveros v. Zamora, 2014 WL 3057506, at *2 (E.D. Cal. July 7, 2014). Because that phase focuses on assessing 18|| whether the proposed settlement merits preliminary approval, which would lay the groundwork 19]| for a future fairness hearing, the parties are ordered to appear for a hearing on plaintiffs’ unopposed motion for preliminary approval of settlement on June 11, 2025, at 10:00 a.m. in LV Courtroom 6B. / 22 Dated: May 22, 2025 Jf 23 f Uy é 4 —— Crisfing’D. Silva 24 U ited States District Judge 25 l