MEMORANDUM OPINION AND ORDER

The Parties in this putative class action alleging violations of Pennsylvania wage and labor laws have jointly moved for final approval of a negotiated settlement agreement and allocation among class members [doc. no. 79], and Plaintiffs have moved for approval of Plaintiffs’ request for attorneys’ fees and expenses and enhancement awards for the class representatives Jason Hall, Samuel Keck and Paul Eisenhower [doc no. 80]. After multiple hearings on the fairness of the settlement and adequacy of notice, and for the reasons that follow, the Court will: (1) certify the settlement class; (2) approve the Agreement, finding that pursuant to Rule 23(e) of the Federal Rules of Civil Procedure, its terms are fair, reasonable and adequate, and that the class received both reasonable and the best practicable notice of the settlement; and (3) approve Plaintiffs’ request for attorneys fees and enhancement awards, finding both reasonable.

I. Background

A. The Litigation

On October 17, 2007, Plaintiff Jason Hall filed a complaint against Best Buy Co., Inc. in the Court of Common Pleas of Philadelphia County, Pennsylvania, alleging breach of contract, unjust enrichment, and violations of Pennsylvania’s Wage Payment and Collection Law (‘WPCL”),1 on behalf of a class defined as all those employed by Best Buy between October 15, 2003 and the time of filing and subject to the alleged unlawful employment practices. On November 8, 2007, Defendant Best Buy timely removed the state court action to this Court pursuant to 28 U.S.C. §§ 1332(d), 1441, 1453 and 1446.2

*159On December 5, 2007, Hall subsequently amended his complaint, adding putative class representatives Samuel Keek and Paul Eisenhower; Defendants BBC Investment Co., BBC Property Co., and Best Buy Stores, L.P. (collectively “Best Buy”); and a claim for violation of the Pennsylvania Minimum Wage Act.3 The Amended Complaint set the class period beginning at October 17, 2003 and continuing until such time as the complained-of practices were eliminated.4 Named Plaintiffs alleged that, in violation of applicable state wage and labor statutes, Best Buy had a consistent policy of failing to compensate in-store hourly employees with either straight-time or overtime pay for off-the-cloek time spent awaiting and undergoing security checks after the end of a shift; denying mandatory meal and rest breaks and failing to compensate for work performed during them; and requiring employees to perform off-the-clock work prior to clocking in and after clocking out, among other allegations.5 Plaintiff Hall alleged that he and other employees were required to wait up to 15 minutes per day for post-shift security checks, depending on whether the shift ended during store hours or after closing.6 Closing-shift employees allegedly endured the lengthiest waits because of Best Buy’s alleged practice of requiring all employees to gather at the front of the store prior to the security checks.7 Plaintiff Keck alleged that management routinely required that he and other employees work through lunch breaks and mandatory 15-minute rest periods without compensation and to perform retail sales work, such as paperwork, after clocking out.8 Finally, Plaintiff Eisenhower alleged that, in addition to uncompensated time spent waiting for security cheeks at a shift’s end, he was uncompensated for waiting periods and shift-work performed prior to clocking in.9

Best Buy has denied Plaintiffs’ allegations and asserted a range of affirmative defenses that, if proved, could entitle them to judgment on Plaintiffs’ claims, limit Plaintiffs’ recovery or prevent certification of the proposed class.10

Following amendment of the Complaint, discovery ensued shortly thereafter, with discovery deadlines extended several times through early 2009.11 The named Plaintiffs and corporate representatives were deposed and documents were produced by the Parties.12 In particular, Best Buy produced paper documents (such as manuals and policies), video recordings, and electronic time*160keeping data. At some point in late 2008, settlement negotiations began and, on February 26, 2009, a proposed conditional settlement agreement was reached, which was memorialized in a Joint Stipulation and Settlement Agreement (the “Settlement Agreement”) in November 2009.13

B. The Settlement Agreement

The Settlement Agreement establishes a total settlement fund of $907,566.14 Of that amount: (1) $592,566, designated by the agreement as the “Net Settlement Amount” is allocated to class members for unpaid wages during closing shifts, with $241,757 allocated to current employees and $350,809 allocated to former employees; (2) $15,000 is allocated for Enhancement Awards for Class Representatives; and (3) a maximum of $300,000, or just over 33% is allocated for class counsels’ fees & expenses.15 Costs of claims administration are borne by Defendants; these costs do not reduce the amounts available to the class.16

The amount designated for individual class members is based on the number of closing shifts worked by that class member during the class period. A closing shift is a shift worked in which the employee clocks in or out after the last customer transaction of the day.17 Under the Agreement, class members are compensated at a rate of $.50/closing shift worked during the class period.18 At the initial final approval hearing, Class Counsel represented that the $0.50 rate was based on both an average wage of $8.00 and an average of five minutes in off-the-clock waiting time discerned through discovery. Employees working five or fewer closing shifts, however, are presumed to have worked five shifts, such that every employee is entitled to a claim of at least $2.50, whether or not they worked a closing shift.19 Participating claimants’ payments are subject to payroll taxes and other payroll withholdings such that the net amount they receive will be lower than the gross claim.20 Unclaimed amounts from the Settlement Fund revert back to Best Buy.21

The Settlement Agreement also provides for limited injunctive relief, requiring Best Buy to modify its Standard Operating Procedure Manual, for at least two years, to include language addressing time-keeping procedures for employees who exit the store after store closing. The agreement requires adoption of language substantially similar to the following:

Only Managers, Key-Holding Supervisors, or Inventory/LP Team Members are authorized to unlock the front doors for exiting employees when the store is closed____

Employees must wait for the Manager, Key-Holding Supervisor, or Inventory/LP Team Member at the Loss Prevention desk.

Employees must remain punched in until the Manager, Key Holding Supervisor or Inventory/LP Team Member is available. Note: At no time should an employee punch out and await to be let out of the store. All employee-waiting time must be on the clock.22

When queried by the Court during the initial final approval hearing, Class Counsel estimated that this injunctive relief has an monetary value of $100,000 to $200,000 annually.

The Settlement Agreement stipulates that, excepting opt-outs, all class members release Best Buy from a range of potential state law claims arising under the facts alleged in the Complaint, whether known or unknown, and accruing between October 17, 2003 and Final *161Approval (the “Release Period”).23 In addition, class members who submit claim forms pursuant to this agreement release Best Buy from federal Fair Labor Standards Act claims related to the acts and practices alleged in the Complaint and arising during the Release Period that, including any off-the-clock work.24 Consequently, under the Settlement Agreement, all class members, whether or not submitting claim forms, release Best Buy from liability under the enumerated types of state claims, but only participating class members are barred from bringing federal claims.25

C. Preliminary Approval

On January 27, 2010, Plaintiffs filed a motion seeking this Court’s preliminary approval of the proposed Settlement Agreement, certification of a settlement class, appointment of the named plaintiffs as class representatives, approval of a claims administrator, and publication of notice to the putative class [doc. no. 32]26 On February 19, 2010, the Court held a hearing on Plaintiffs’ unopposed Motion [doe. no. 34]. During the hearing and upon consideration of the Parties’ papers, this Court directed the Parties to: (1) revise their proposed order to adequately reflect the role of the proposed claims administrator, Garden City Group; (2) amend the proposed Class Notice to add specific language regarding class members’ rights to hire their own attorneys and enter an appearance through those attorneys; and (3) submit the proposed revised order and revised notice to the Court.27 After eonsideration of the Parties’ arguments, supporting documents and other evidence presented at the hearing, this Court granted preliminary approval of the proposed Settlement Agreement, certified both a class and a collective action pursuant to 29 U.S.C. § 216(b) of the Fair Labor Standards Act for settlement purposes only, approved class notices by mail, designated named Plaintiffs Hall, Keck and Eisenhower as Class Representatives and three law firms as class counsel,28 appointed Garden City Group as Claims Administrator, and approved the revised notice submitted by the Parties.29 Both the class and collective action were defined to include: “All individuals who were employed by Best Buy in a non-exempt position at a retail store in Pennsylvania at least one day from October 17, 2003 to November 3, 2009.”30 The Court directed that notice be mailed within 30 days of the Order and that Defendants file with the Court a proof of mailing of the class notice. Objectors were required to object within 90 days from date notice was mailed, and class members seeking to appear at the final approval hearing were required to file a notice of intent to appear at least 14 days prior to the hearing. The Court also set the hearing date for final approval.31 The claims process, described infra, commenced thereafter.

D. The First Notice Period

During the first notice period, the Claims Administrator mailed the notice — later determined to be defective, as discussed infra — to *16220,455 putative class members on June 10, 2010. The notice packet included the Court-approved Notice and associated approved forms:

1. Notice to Class Members Regarding Pendency of a Class and Collective Action and Notice of Hearing on Proposed Settlement;

2. Change of Name and/or Address Information Form;

3. Election to Opt Out of Settlement and Class Action Form; and

4. Consent to Join Settlement and Claim Certification Form (“Consent Form”).

The Notice included a description of the litigation, including the list of class claims and the respective positions of the Parties regarding the outcome of the action; a lengthy description of the settlement terms, including monetary and injunctive relief and the means of calculating amounts owed to each class member; the class definition; how to submit a claim under the settlement; the binding nature of the settlement on all class members who do not exclude themselves; disclosure of class members’ right to opt-out or object and a clear discussion of the process to do so; and the impact on a claimant’s right if they submit a claim form (the release of state and federal wage and hour claims) or fail to opt-out (the release of state wage and hour claims). Each Consent Form included a pre-printed number for the closing shifts each class member actually worked during the class period, gleaned from Best Buy’s employment records. Pursuant to the Court’s Preliminary Approval Order, the deadline to mail the Consent to Join Settlement and Claim Certification Form and the Opt-out Form, and to file a Notice of Objection, was September 9, 2010. The Claims Administrator also maintained a toll-free hotline to take inquiries from putative class members, receiving some 534 calls.

During the first notice period, about 10 percent of the class (2,100 class members) filed claim forms, and 38 class members opted out.32 No objections were filed. The average payment per claim was $71.16. A total of 298,363 closing shifts were claimed by consenting class members, which was adjusted to 298,882 to provide all persons with less than five closing shifts a minimum of five such shifts for damages purposes. No class member submitted a notice of intent to appear at the October 22, 2010 fairness hearing.

After the Parties learned that 977 class members received Claim Certification forms that underestimated closing shifts worked— none of whom opted out and 131 of whom returned claim certification forms — the Claims Administrator sent letters to the 131 responding employees explaining the under-reporting of closing shifts and providing the correct number of closing shifts worked, and sent a revised notice packet to the 846 unresponsive members, giving both groups until November 8, 2010 to respond.33

E. Final Approval Hearing & Second Notice Period

Following the conclusion of the first notice period and claims process, on October 8, 2010, the Parties filed the pending motions: (1) Joint Motion for Final Approval of Proposed Settlement and Allocation Among Class Members [doc. no. 79]; and (2) Plaintiffs’ Motion for Attorneys’ Fees and Expenses and Enhancement of Awards for Class Representatives [doc. no. 80]. The stipulation of the Settlement Agreement has not changed since the Court preliminarily approved it. On October 22, 2010, the Court held a final approval hearing to determine the fairness of the settlement and the reasonableness of the requested fees and awards. During that hearing the Court reviewed in detail with the Parties the relevant factors required under Girsh v. Jepson.34 The Court asked the Parties to submit supplemental statistical information regarding the nature of the class relative to participating class members, and asked Plaintiffs to submit additional evidence to support their request for attorneys fees, including billing records for time spent by class counsel on this *163litigation. Accordingly, the Claims Administrator submitted requested statistical detail on the class,35 and Lead Class Counsel submitted additional lodestar detail.36

Upon a careful review of the moving papers, the class notice actually provided to class members, and the supplemental data submissions, the Court determined that the notice mailed to class members did not conform to the notice previously approved because it omitted corrective language specifically ordered by the Court during the Preliminary Approval Hearing regarding class members’ right to hire and appear through their own attorney. The Court ordered the Parties to explain the discrepancy, and to provide additional information regarding the number of class members who were former employees, the number of notices returned undeliverable, and whether the Parties issued publication notice.37 In response, Plaintiffs reported that the Claims Administrator had erred by mailing the incorrect notice to class members. That notice omitted language required by this Court and Rule 23(c)(2)(B)(iv) regarding class members’ rights to hire their own attorneys and enter appearances.38 Plaintiffs reported that more than 16,000 of the 20,455 class members were former employees. Plaintiffs also averred that the Claims Administrator received 3,134 notice packets returned as undeliverable, and that of those 473 packets were returned with forwarding information. Thus, at least 13% of the class did not receive actual notice of the settlement. Additionally, because publication notice had not been provided to supplement the mailed notice, those members also did not receive constructive notice.

After teleconference with counsel for the Parties on December 9, 2010, the Parties jointly moved for permission to issue revised notice that included notification of class members’ rights to hire and enter an appearanee through individual attorneys, and to issue publication notice to appear for one-day runs in the Philadelphia Inquirer, the Pittsburgh Post-Gazette, and the Harrisburg Patriot News.39

In addition to including the required language regarding the right to appear through an attorney, the proposed revised class notice packets included a cover letter explaining that the putative member may have previously received notice of the proposed class settlement, and that the revised notice contains additional information about the putative class member’s rights. It also explained that if the member previously responded and was satisfied with that response, the prior response would remain valid and binding. It also explained that if the member did not previously respond, or did respond but wished to change the prior election, the member could do so by returning the appropriate form by the new deadline. The response forms remained unchanged, except that the Consent Form included a prominent notice that class members who previously filed timely consent forms and did not wish to change their elections need not file a second consent form.

The proposed publication notice prominently declared that it was a “Legal Notice” and that it “may affect [readers’] rights.” It included the following headline in a large, bold font: “If You Are, or Were, Employed by Best Buy in Pennsylvania, You May Qualify for a Payment from a Class Action Settlement.” The remaining copy used plain language and a question and answer format to communicate the nature of the action, the identity of the class, the nature of the settlement, the procedure for submitting a claim and how to obtain claim forms, the rights the class members would surrender if they submit a claim form or fail to opt-out, and the putative class members’ rights to opt out or *164object. Additionally, it included the required language regarding class members’ rights to hire and appear through their own attorneys. A web address and toll free number were provided both in the copy of the notice and at the bottom of the notice, prominently displayed.

Upon careful review of the sufficiency of the proposed revised notice for mailing, and finding that it included the requisite notice regarding putative class members’ rights to appear through their own attorneys40 as well as the sufficiency of the proposed publication notice, this Court granted the motion to issue publication notice and revised individual notice, and scheduled a final fairness hearing on March 21, 2011.41

The Claims Administrator mailed the revised notice to all 20,455 putative class members on January 11, 2011, with a deadline of February 14, 2011 for class members to submit exclusion or claims forms or to object to the settlement. Notice was published in the Philadelphia Inquirer, the Pittsburgh PosbGazette and the Harrisburg Patriot News on January 14, 2011.42 The Notice was prominently displayed in appropriate sections of those newspapers, rather than in less read classifieds sections.43

At the conclusion of the second notice period, more than 14% of the class, or 2,903 class members, submitted claim forms — a nearly 40 percent increase from the prior notice period.44 The Claims Administrator fielded nearly 1,000 calls during the second notice period, nearly twice the number received during the first notice period.45 Even after the second notice period and state-wide publication notice, no objections were received and only a total of 55 putative class members have opted out.46 No class member submitted a notice of intention to appear at the March 21, 2011 fairness hearing.

The returned claim forms account for a total of 419,704 closing shifts, which was adjusted to 420,401 shifts to provide all persons with less than five closing shifts a minimum of five such shifts for damages purposes. The average award was $72.41.

This Court held a supplemental final approval hearing on March 21, 2011 to assess the fairness, adequacy and reasonableness of the settlement agreement, the requested attorneys’ fees and enhancement awards, and the adequacy of the notice.

II. Certification of the Settlement Class

The Court conditionally certified the classes pursuant to Rule 23 of the Federal Rules of Civil Procedure when it preliminarily approved the class settlement. The Court here expands on its finding that the class defined by the Preliminary Approval Order satisfies the requirements of Rule 23(a) and 23(b) and will be certified. The class shall be defined as:

All individuals who were employed by Best Buy in a non-exempt position at a retail store in Pennsylvania at least one day from October 17, 2003 to November 3, 2009.

Rule 23(a) contains four threshold requirements for class certification: “(1) the class is so numerous that joinder of all members is impracticable; (2) there are questions of law or fact common to the class; (3) the claims or defenses of the representative parties are typical of the claims and defenses of the class; and (4) the representative parties will fairly and adequately protect the inter*165ests of the class.” 47 Two additional certification requirements apply to “opt-out” class actions, as here, under Federal Rule of Civil Procedure 23(b)(3). First, “common questions must predominate over any questions affecting only individual members” (“predominance”), and second, class action litigation must be “superior to other available methods for the fair and efficient adjudication of the controversy” (“superiority”).48 Though ordinarily the Court would be required under Rule 23(b) to determine whether the class action is manageable, where the class is being certified for settlement purposes, the inquiry is unnecessary.49 As noted previously, no objection has been registered to any aspect of the Agreement, including class certification.

Numerosity is easily satisfied here given the more than 20,000 putative class members.50 Commonality is likewise satisfied because a question of law and fact is common to each class member: whether Best Buy had a uniform practice of refusing to pay for off-the-clock work that violated state wage and hour laws. Typicality requires that the court evaluate whether the class representatives’ incentives are aligned with those of the proposed class.51 Here, the claims asserted by Hall, Keck and Eisenhower all arise from Best Buy’s alleged policy of requiring employees to work off-the-clock and all are non-exempt hourly employees. Each thus have an incentive to demonstrate a uniform policy by Defendant of requiring off-the-clock work. Thus the class representatives are typical of the class.

Under Rule 23(a), both the class representatives and their attorneys must be able to adequately represent the class. “The adequacy inquiry ... serves to uncover conflicts of interest between named parties and the class they seek to represent____ [A] class representative must be part of the class and possess the same interest and suffer the same injury as the class members.”52 The Court must examine whether the class representatives’ claims are “antagonistic to the class” and whether the attorneys “are experienced and qualified to prosecute the claims on behalf of the entire class.”53 The Court finds no conflicts between the interests of the named representatives, and that the absence of objections to this settlement support that finding, and finds that all named representatives fall within the class definition.

To determine the adequacy of counsel, the Court should determine that class counsel: “(1) possess adequate experience; (2) vigorously prosecuted the action; and (3) acted at arms’ length from the defendant.”54 Lowey Dannenberg Cohen & Hart, the firm designated as lead counsel in this matter has extensive experience in prosecuting complex class actions, including class actions for violations of state and federal wage and hour laws, and has achieved settlements amounting to more than $1 billion on behalf of class members.55 Gerald Lawrence, Lowey’s lead attorney on this matter possesses decades of experience in prosecuting class actions and seeking plaintiffs’ recovery. Moreover, several facts support a finding that Class Counsel here vigorously prosecuted this action and settled the matter at arms-length from Defendants: (1) discovery conducted in this action sought to determine the strengths of *166Defendants’ position and the underlying merits of the claims; (2) the prosecution of similar actions against Best Buy in other jurisdictions;56 (3) settlement discussions occurred after discovery began and apparently over a series of months;57 and (4) the settlement agreement does not grant questionable benefit to Defendants by releasing categories of potential claims of class members not asserted in the Amended Complaint.58 The Court thus finds both the named representatives and Class Counsel adequately represent the class.

The Court also finds the class action to be superior to other means of adjudicating the claims of class members in this ease. To determine superiority, the Court must “balance, in terms of fairness and efficiency, the merits of a class against those of alternative available methods of adjudication.” 59 “Federal Rule of Civil Procedure 23(b)(3) instructs that the matters pertinent to this inquiry include: (A) the interest of members of the class in individually controlling the prosecution or defense of separate actions; (B) the extent and nature of any litigation concerning the controversy already commenced by or against members of the class; (C) the desirability or undesirability of concentrating the litigation of the claims in the particular forum.”60 Here, given the minimal number of class members opting out of the settlement,61 the lack of objections to the settlement, and the absence of notice that any class member seeks to appear individually in this action, the Court finds little actual or likely class member interest in individually controlling the matter. Next, the Court is unaware of any related cases involving Pennsylvania employees and Pennsylvania law pending in state or federal court at the time this action was initiated, nor can the Court find any issue that would render this forum undesirable given that only claims under Pennsylvania state law on behalf of employees of Best Buy’s Pennsylvania stores are asserted. And the Court finds that case-by-case litigation of the more than 20,000 potential individual claims resting largely on common issues would be wastefully duplicative and inefficient. Finally, this Court notes that because the value of individual claims of class members is likely far less than the cost of bringing such claims, this class action is superior to individual litigation.62 Thus the Court finds the superiority requirement is satisfied.

The “ ‘predominance inquiry tests whether proposed classes are sufficiently cohesive to warrant adjudication by representation,’ which imposes a standard ‘far more demanding’ than the Rule 23(a) commonality requirement.”63 Class treatment is not appropriate if proving elements of the claim requires individual treatment of class members’ unique circumstances.64 However, where common liability issues that are susceptible to class-wide proof constitute a sig*167nificant part of the case, predominance maybe satisfied even where damages must still be proven by individually.65 This is particularly so where damages can be determined by “formula, statistical analysis, or other easy or essentially mechanical methods.”66 The predominant issue in this case is whether Defendants, as a matter of policy, refused to pay employees for off-the-clock time worked, in violation of Pennsylvania’s wage and labor laws. That question of liability is thus susceptible to common proof and requires application of just one state’s law. Though unique questions as to application of this policy may arise store-by-store, this is not a case where the stores are so numerous and spread nationwide that such individual questions might overwhelm common issues.67 Additionally, here, though damages would require member-by-member calculation, the damages inquiry would not overwhelm common issues as damages can be proven by formula or statistical analysis based on each hourly employee’s time worked. Accordingly, the Court finds predominance is satisfied.

Having found the requirements of Rules 23(a) and (b)(3) satisfied, the Court concludes class certification for settlement purposes is appropriate and the class will be certified.68

III. Adequacy of Notice

The notice provided to class members must satisfy the due process clause of the Fifth Amendment and the requirements of Rule 23. “In the class action context, the district court obtains personal jurisdiction over the absentee class members by providing proper notice of the impending class action and providing the absentees with the opportunity to be heard or the opportunity to exclude themselves from the class.”69 Due process thus requires “reasonable notice, the opportunity to be heard and the opportunity to withdraw from the class.”70 And here, where the class notice encompasses both notice of certification and settlement, and the class is to be certified under Rule 23(b)(3), notice must comply with the more stringent requirements of Rule 23(c)(2) requiring the best notice practicable.71 Rule 23(c)(2) provides:

For any class certified under Rule 23(b)(3), the court must direct to the class members the best notice practicable under the circumstances, including individual notice to all members who can be identified through reasonable effort. The notice must clearly and concisely state in plain, easily understood language:

(i) the nature of the action

(ii) the definition of the class certified;

(in) the class claims, issues, or defenses;

(iv) that a class member may enter an appearance through an attorney if the member so desires;

(v) that the court will exclude from the class any member who requests exclusion;

*168(vi) the time and manner for requesting exclusion; and

(vii) the binding effect of a class judgment on members under Rule 23(c)(3).72

Rule 23(c)(2) also provides that individual notice should be sent to members whenever reasonably possible. Rule 23(e) requires that prior to approving the settlement, “the court must direct notice in a reasonable manner to all class members who would be bound by the proposal.”73

That the content of class notice here was sufficient to satisfy the requirements of both due process and Rule 23 is clear. As demonstrated by the description of the Class Notice in Sections I.D and I.E supra, the second notice packet and publication notice provided the content required by the Due Process and Rule 23. As noted above, this Court took special pains to ensure that the Notice included explicit statements of class members’ rights to appear in this action through individually retained attorneys, as required under Rule 23(c)(2)(B), by requiring at the Preliminary Approval Hearing that the Parties revise their notice to include explicit language to that effect, and by later requiring Defendant to reissue notice when the Court learned that the Notice actually sent to class members excluded that language.

Further, this Court finds that notice was directed to class members in a reasonable manner. Initially, individual notice was provided to class members based on known addresses provided by Defendants and updated addresses provided by the U.S. Postal Service’s National Change of Address database.74 Upon this Court’s discovery that a substantial portion of the class was made up of former employees and that an unacceptable number of the notice packets were returned undeliverable, and after teleconference with the Parties, the Court approved publication notice to be provided in three state daily newspapers during the second notice period. Thus, though ordinarily individual notice is considered the best practicable notice where, as here, the identities of the class members are known or reasonably ascertainable,75 supplemental publication notice provides sufficient and adequate notice to those class members who, though known, could not be reached individually.76 Indeed, this combination of individual and publication notice provides the best notice practicable.77 Accordingly, the Court finds notice satisfies the requirements of due process and Rule 23.

IV. Evaluation of the Settlement Terms

Under Federal Rule of Civil procedure 23(e), “[t]he claims ... of a certified class may be settled, voluntarily dismissed, or compromised only with the court’s approval.” 78 Generally, settlements are favored in the class action context,79 but a district court serves “as a fiduciary who must serve as a guardian of the rights of absent class members” when evaluating a proposed settlement.80 This is particularly so where class certification is sought for settlement purposes only.81 The Court may accept the *169proposed Agreement only if the parties have shown it to be fair, reasonable, and adequate.82

As noted, by Order of May 12, 2010, the Court preliminarily approved the Agreement.83 Now the Court must evaluate the fairness, reasonableness and adequacy of the settlement according to the factors identified in Girsh v. Jepson.84 The nine factors are:

(1) The complexity, expense and likely duration of the litigation; (2) the reaction of the class to the settlement; (3) the stage of the proceedings and the amount of discovery completed; (4) the risks of establishing liability; (5) the risks of establishing damages; (6) the risks of maintaining the class action through trial; (7) the ability of the defendants to withstand a greater judgment; (8) the range of reasonableness of the settlement fund in light of the best possible recovery; and (9) the range of reasonableness of the settlement fund to a possible recovery in light of all the attendant risks of litigation.85

No single factor is dispositive.86 The Court considered each of these factors during its first final approval hearing on October 22, 2010, and upon consideration of supplemental data submitted by the Parties as to the nature of the class and those class members submitting claims forms, concludes that the settlement agreement is fair, reasonable and adequate.

The first factor “captures the probable costs, in both time and money, of continued litigation.”87 This matter, involving more than 20,000 class members, was litigated for nearly two years prior to the memorialization of the settlement agreement. Were it to continue, additional merits discovery may be required, costly experts would be necessary, ease dispositive motions would be filed, argued and possibly appealed, and trial preparation would be required. The Court therefore finds that this factor weighs in favor of settlement.88

The second factor clearly weighs in favor of the settlement given that the reaction to the class has been almost uniformly positive: of some 20,455 class members, nearly 3,000 claims have been filed, only 55 members — or roughly one-quarter of one percent of the class — have excluded themselves from the settlement, and no objections have been filed. That so few members of the class have opted out is particularly significant given that individual notice was given twice in this ease, and prominent publication notice was provided by a one-day run in three state daily newspapers.

The third factor also favors the settlement. This factor “captures the degree of case development that class counsel has accomplished prior to settlement,” permitting a court to “determine whether counsel had an adequate appreciation of the merits of the ease before negotiating.”89 It “ensure[s] that a proposed settlement is the product of informed negotiations.”90 Here, the settlement was reached after significant discovery: class counsel interviewed a large number of class members; written discovery was conducted; documents, including corporate policies and procedures and time records were produced; and depositions of class representatives and corporate 30(b)(6) designees were taken. From this, Class Counsel avers that *170Plaintiffs were able to assess the merits of the various claims made and determined that claims for off-the-clock work beyond those for security checks at closing shifts — the basis for the relief provided in this settlement — would prove difficult to sustain based on the infrequency of occurrence and Best Buy’s policy of providing employees who worked through meal and rest breaks a means of recording that time. The Court finds that counsel could thus reasonably estimate the strength and value of the case at the time of settlement negotiations.

The fourth through sixth factors assess the risks the Parties face in establishing liability and damages, and in maintaining the class. The Court must assess “what the potential rewards (or downside) of litigation might have been had class counsel decided to litigate the claims rather than settle them,”91 to “measure the expected value of litigating the action rather than settling it at the current time,”92 and the difficulties likely to be encountered in certification. The risks of establishing liability were identified above, and suggest that while claims for time spent by closing shift workers awaiting off-the-clock security checks were strong and supported by video tapes and other evidence, there existed substantial barriers to proving liability for off-the-clock work under other circumstances. Further, counsel avers that proving damages in this matter for all the claims at issue would prove risky, given difficulties in proving the amount of time worked off the clock. Thus there were risks to the class in proving both liability and damages for all claims. As for the difficulty of maintaining the case as a class action, given the size and relative uniformity of the class, the relatively small amount of individual claims, and the predominance of liability issues in this action, it appears likely this action would be maintainable as a class action were it to proceed. Nonetheless, “there is always some risk that a class certified for settlement purposes could create intractable management problems,” and no doubt, Defendants would “oppose certification of the Class and could also seek to decertify the certified class prior to trial.”93 Thus, these factors weigh in support of the settlement.

The seventh Girsh factor weighs against settlement, as Best Buy’s annual revenues are averred to be $45 billion.94 Though the Parties suggest this factor is neutral, clearly Defendant could withstand a settlement far greater than $907,566.

The eighth and ninth factors test “whether the settlement represents a good value for a weak case or a poor value for a strong ease.”95 They are “two sides of the same coin: reasonableness in light of the best possible recovery and reasonableness in light of the risks the parties would face if the case went to trial.”96 During the first fairness hearing, the Court expressed concerns about the breadth of the claims released by the settlement given that relief provided under the agreement was based solely on the number of closing shifts worked. Thus, class members who worked few or no closing shifts are barred from bringing any state wage and hour claim for any conduct related to that described in the complaint but would received only nominal recovery under the settlement agreement. Based on data provided by the Parties after the first final approval hearing, a majority of the class members worked 50 or fewer closing shifts, with the ability to recover only $25.00 or less under the settlement agreement.97 But after lengthy discussion with Class Counsel during the first final approval hearing regarding the weakness of any class-wide claims for off-the-clock work beyond closing shift security checks, the Court concludes that, for class members working few closing shifts, the settlement represents a good value for weak eases. The Court similarly concludes that *171the settlement presents a good value for the strong case to be made by closing shift workers as well. Those class members who worked a substantial number of closing shifts, and thus have strong claims, will recover more than nominal amounts. As noted, the average recovery in this settlement exceeds $72, with some members recovering hundreds of dollars. And the Court is likewise satisfied, based on the testimony of Class Counsel during the first final approval hearing, that the amount of $.50 per closing shift is a reasonable amount given the strength of the proof in this case. The Parties determined that amount based on discovery in the case demonstrating an average wage of class members of roughly $8.00 per hour and an estimated average waiting time for security checks of 5 minutes per shift. Counsel averred that proof of waiting times in excess of that amount would be difficult to sustain. Accordingly, the Court is satisfied that these last Girsh factors weigh in favor this settlement.

Having found, upon careful review of the settlement terms, the efforts of class counsel, and the nature of the claims and the class that the majority of the Girsh factors weigh in favor of the Settlement Agreement, the Court finds the settlement to be fair, adequate and reasonable.

V. Attorneys’ Fees and Costs and Class Representative’s Enhancement Awards

A. Attorneys’ Fees & Costs

The Court must thoroughly review requests for attorneys fees.98 Plaintiffs’ Counsel ask the Court to approve an award of $300,000 to Class Counsel for attorneys’ fees and expenses.99

The Third Circuit Court of Appeals has approved the “percentage of the recovery” method for determining appropriate attorneys’ fees method where, as here, class members recover from a common fund.100 Though this is not a traditional common fund case because unclaimed amounts in the net settlement fund are returned to Best Buy and any award for attorneys’s fees does not affect class recovery, use of the percentage-of-reeovery method is still appropriate.101 Awards based on lodestar are more appropriate in statutory fee-shifting cases where the total recovery for the class may be too low to adequately compensate class counsel.102 Nonetheless, Courts may evaluate class counsels’ lodestar as a cross-check on the reasonableness of the award sought.103 Accordingly, the Court “first calculates the percentage of the total recovery that the proposal would allocate to attorneys’ fees by dividing the amount of the requested fee by the total amount paid out by the defendant; it then inquires whether that percentage is appropriate based on the circumstances of the ease.”104 The Court may thereafter compare the dollar amount of the requested award with counsels’ lodestar in the case. The lodestar is the product of the number of hours reasonably worked on the case and a reasonable hourly billing rate for that market, type of case and level of experience.105 The Court then divides the requested fee by the lodestar to determine the multiplier. The higher the multiplier the more unreasonable the fee award.106

*172Plaintiffs counsel request a fee that is 33% of the total possible amount that could be paid out by Defendants under the Agreement. When evaluating whether a fee based on a percentage of recovery is appropriate, a district court should consider several nonexclusive factors, including: (1) the size of the fund created and the number of persons benefitted; (2) the presence or absence of substantial objections by members of the class to the settlement terms and/or fees requested by counsel; (3) the skill and efficiency of the attorneys involved; (4) the complexity and duration of the litigation; (5) the risk of non-payment; (6) the amount of time devoted to the case by plaintiffs’ counsel; and (7) the awards in similar cases.107 These factors are similar to the Girsh factors analyzed supra and thus to avoid repetition the Court abbreviates its analysis of them here.108

As an initial matter, this Court rejects Class Counsel’s assertion in briefing109 and at the first final approval hearing that among the reasons to grant the fee award request is that doing so does not affect compensation to the class. Here, the Settlement Agreement caps the total award to class members at $592,566, and provides for a separate fund of up to $300,000 for attorneys fees. Thus, whether this Court awards the full request or nothing at all, compensation to the class is unaffected. The Third Circuit has long recognized, however, that Class Counsel’s argument does not reflect “practical realities” of settlement negotiations that the total amount of cash available is a “constructive common fund” as Defendants are rarely interested in the allocation between the class and class counsel.110 And this Court must be ever conscious of the “risk that the divergence in financial incentives present here creates the ‘danger ... that the lawyers might urge a class settlement at a low figure or on a less-than-optimal basis in exchange for red-carpet treatment for fees.’ ”111 This is particularly so here, where the fees sought by Counsel are roughly double the actual compensation of the class members based on the claims submitted.

Here, the fund provided for the benefit of some 20,455 class members and the total possible amount that could have been claimed approached $600,000. No member has objected to the settlement or to the amount of attorneys’ fees that were described in detail in the mailed notice.

Next, the Court considers the skill and efficiency of Plaintiffs’ counsel, “as measured by the quality of the result achieved, the difficulties faced, the speed and efficiency of the recovery, the standing, experience and expertise of the counsel, the skill and professionalism with which counsel prosecuted the ease and the performance and quality of opposing counsel.”112 As noted, class counsel in this ease are experienced in the class litigation and prosecuted this case aggressively. The notice and claims process in this litigation could have been more efficiently executed by both Plaintiffs’ counsel and the Claims Administrator, but was essentially *173fulfilled to the Court’s satisfaction nevertheless.

As to the duration of the litigation (its complexity having been addressed above) and risk of non-payment, the Court notes that while this case has been pending, Class Counsel have not received any payment, and, by proceeding on a contingent-fee basis, ran substantial risk of nonpayment, given that discovery revealed that claims regarding off-the-clock time, other than time awaiting security checks, would be difficult to support.

Because Plaintiffs, in their moving papers, provided only the total number of hours spent on this litigation in combination with similar litigation class counsel brought against Best Buy in the Eastern District of New York, the Court required Plaintiffs to submit time records for the Pennsylvania litigation. Without such data, this Court could not evaluate the propriety of the attorneys’ fees requested here. Plaintiffs thereafter submitted detailed time records for this action, demonstrating that the firm Lowey Dannenberg Cohen & Hart spent some 655 hours prosecuting this action, the firm Egan & Young spent 306 hours, and Caldwell Law Office spent 66 hours prosecuting action.113 It is thus clear that Plaintiffs’ counsel devoted considerable time and effort to prosecuting the class claims.

Finally, the Court notes that the requested fee award amounting to 33% of the common fund is comparable to the percentage awarded in similar employment or wage and hour eases.114 And, after conducting a lodestar cross-check, the Court confirms the reasonableness of the fee award. Here, class counsels’ lodestar as reported by the detailed billing records is approximately $475,000,115 producing a multiplier significantly less than one.

Accordingly, the Court will approve Plaintiffs’ Motion for Attorneys’ fees and costs in the amount of $300,000.

B. Enhancement Awards

Plaintiffs also move for approval of $15,000 in enhancement awards to named-Plaintiffs Hall, Keck and Eisenhower in the amount of $5,000 each.116 The Court has broad discretion to award payment to class representatives for their efforts to benefit the class. Factors courts use to evaluate the appropriateness of awards include the financial, reputational and personal risks to the plaintiff; the degree to which the Plaintiff was involved in discovery and other litigation responsibilities; the length of the litigation; and the degree to which the named plaintiff benefitted (or not) as a class member.117

Though Plaintiffs’ moving papers provided little detail about the involvement of class representatives in the litigation, in a colloquy with Plaintiffs’ counsel Gerald Lawrence during the first final approval hearing, the Court learned that each named plaintiff was deposed and spent time preparing for the deposition,118 provided records, assisted in the preparation of production requests, and reviewed written discovery requests. Though the Court is unaware of the sum each class representative recovered from the settlement, based on the average claim amount for the class as a whole, the Court doubts it could be sufficient to compensate class representatives for their time and efforts spent litigating this action and their service to the class.

*174Finally, the Court finds the requested amount is well within the range of incentive awards courts have approved,119 and is equivalent or lower than awards provided in cases where plaintiffs were actively involved in the litigation.120 Accordingly, this Court will approve the requested enhancement awards for each of the named Plaintiffs in recognition of their service to the benefit of the class.

VI. Conclusion

For the foregoing reasons, the Court certifies the settlement class, approves the settlement agreement, finding that the agreement is fair reasonable and adequate and that notice satisfied the requirements of Due Process and Rule 23, and grant’s Plaintiffs’ requests for attorneys’ fees and enhancement awards. An appropriate Order follows.

ORDER

AND NOW, this 24th day of March 2011, upon consideration of the Parties’ Joint Motion for Final Approval of Proposed Settlement and Allocation Among Class Members [doc. no. 79], Plaintiffs’ Motion for Award of Attorneys’ Fees and Expenses and Enhancement Awards for Class Representatives [doc. no. 80], the related filings and affidavits of the Parties, and this Court’s May 12, 2011 Court Order granting prehminary approval of the settlement agreement [doc. no. 37], and following two fairness hearings held on October 22, 2010 and March 21, 2011, and for the reasons set forth in the accompanying Memorandum Opinion, it is hereby ORDERED that both motions are GRANTED.

The Court enters the following findings:

1. This action satisfies the prerequisites for class action treatment under Rules 23(a) and (b)(3) of the Federal Rules of Civil Procedure because the class as defined in the Settlement Agreement is so numerous that joinder of all members is not practicable, there are questions of law and fact common to the Class, the claims of the Class Representative are typical of the claims of the Class, and the Class Representatives Jason Hall, Samuel Keck and Paul Eisenhower and Class Counsel so designated by this Court in its May 12, 2010 Order are able to fairly and adequately protect the interests of the Class. Further, questions of law and fact common to the members of the Class predominate over any questions affecting only individual members, and a class action is superior to other available methods for the fair and efficient adjudication of the controversy.

2. The Parties have complied with all aspects of this Court’s Order of December 28, 2010, including providing notice of this action and proposed settlement to class members by mail and publication.

3. The notice provided to proposed settlement class members was adequate, as it satisfied the requirements of Due Process and Rules 23(c)(2) and 23(e) of the Federal Rules of Civil Procedure.

4. The Defendants timely filed notification of this settlement with the appropriate federal officials pursuant to the Class Action Fairness Act of 2005.1

5. The Settlement Agreement was reached as a result of arms-length negotiations conducted in good faith by counsel for the Parties, and is supported by the class representatives.

6. The nine factors to be considered in assessing the fairness of a class action settlement are: (1) the complexity, expense and likely duration of the litigation; (2) the reaction of the class to the settlement; (3) the stage of the proceedings and the amount of discovery completed; (4) the risks of establishing liability; (5) the risks of establishing *175damages; (6) the risks of maintaining a class action through the trial; (7) the ability of defendant to withstand a greater judgment; (8) the range of reasonableness of the settlement fund in light of the best recovery; and (9) the range of reasonableness of the settlement fund to a possible recovery in light of all the attendant risks of litigation.2 The Court has considered those factors and finds that the settlement as set forth in the Settlement Agreement is fair, reasonable, and adequate to the members of the class.

7. Fifty-five Settlement Class Members requested exclusion from the Settlement Class. No objections to the Settlement Agreement or the requested Attorneys’ Fees or Enhancement Awards have been filed.

8. An award of Attorneys’ fees and costs in the amount of $300,000, and enhancements awards of $5,000 each for Named-Plaintiffs Hall, Keek and Eisenhower, are reasonable.

It is therefore hereby ORDERED that:

1. The Settlement Class, defined as follows, is CERTIFIED for settlement purposes only:

All individuals who were employed by Best Buy in a non-exempt position at a retail store in Pennsylvania at least one day from October 17, 2003 to November 3, 2009.

2. All persons within the definition of the Settlement Class, other than those who timely requested exclusion from the settlement class or are otherwise excluded pursuant to the Settlement Agreement, are hereby determined to be the “Settlement Class Members;”

3. The Settlement Agreement, as set forth in the Stipulation [doe. no. 32-1], is approved as fair, reasonable, and adequate, and shall become final.

4. Attorneys’ fees and costs of $300,000 are approved and shall be payable in accordance with Section 2.11.1 of the Settlement Agreement.

5. Enhancement awards of $5,000 each for named Plaintiffs Hall, Keck and Eisenhower are approved and shall be payable in accordance with Section 2.11.2 of the Settlement Agreement.

6. By this Judgment, Settlement Class Members release state law claims as provided for in Sections 1.41 and 2.10.1 of the Settlement Agreement. Settlement Class Members who timely submitted a Consent to Join Settlement and Claim Certification form release federal law claims as provided for in Sections 1.40 and 2.10.2 of the Settlement Agreement.

7. Consummation of the Settlement Agreement shall proceed as described therein and the Court hereby retains jurisdiction of this matter in order to resolve any disputes which may arise in the implementation of the Settlement Agreement or the implementation of this Final Judgment and Order. The Court retains continuing and exclusive jurisdiction for purposes of supervising the implementation of the Settlement Agreement and to interpret and enforce the terms, conditions, and obligations of this Settlement Agreement and the Court’s orders and judgments.

8. Final judgment shall be entered in this action, disposing of the claims of named Plaintiffs Hall, Keck and Eisenhower and the Settlement Class Members against Defendants. This matter is hereby DISMISSED with prejudice.

The Clerk of Court shall CLOSE this case.

It is so ORDERED.