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This document outlines the court\'s preliminary approval of a settlement in a securities class action involving Navient Corporation, including details on the settlement terms, class definitions, and
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How to fill out order preliminarily approving settlement

01
Obtain the correct form for the Order Preliminarily Approving Settlement from the court's website or clerk's office.
02
Fill in the case name and number at the top of the form.
03
Provide details about the proposed settlement agreement, including terms and conditions.
04
Include information on how class members will be notified about the settlement.
05
Specify the date and time of the fairness hearing.
06
Attach any supporting documents that detail the settlement terms.
07
Sign and date the order before submitting it to the court.

Who needs order preliminarily approving settlement?

01
The parties involved in a class action lawsuit.
02
Plaintiffs seeking to formalize a settlement agreement.
03
Defendants who wish to resolve the case without further litigation.
04
Legal representatives of the plaintiffs and defendants.
05
Class members who may be impacted by the settlement.
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An order preliminarily approving settlement is a legal document issued by a court that tentatively approves the terms of a proposed settlement in a lawsuit, allowing the settlement to move forward to a final approval stage.
Typically, the party proposing the settlement, often the plaintiffs in a class action or similar cases, is required to file the order preliminarily approving settlement with the court.
To fill out an order preliminarily approving settlement, one must include details such as the case number, the parties involved, the terms of the settlement, a description of the class if applicable, and any deadlines for objections or claims.
The purpose of the order preliminarily approving settlement is to inform the court and affected parties of the settlement agreement and to pave the way for a fairness hearing before final approval is granted.
The information that must be reported includes the nature of the claims, the proposed settlement terms, the anticipated distribution plan, deadlines for filing claims or objections, and the procedure for final approval.
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Relevant keywords

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