Martinez v. Finger Management Corp.
- Katharine Parker
- 1:23-cv-05901
- U.S. District Court · Southern District of New York
- 2
In Martinez v. Finger Management Corp., Judge Parker approved a wage-law settlement and discontinued the action with prejudice.
The plaintiffs, Finger Management Corp. and the other defendants, and the plaintiffs’ counsel are affected by the approved settlement. The case is discontinued with prejudice and without costs, while the court retains jurisdiction to enforce the settlement if necessary.
What happened
In Martinez v. Finger Management Corp., the plaintiffs brought claims under the Fair Labor Standards Act and New York Labor Law. The parties told the court they had reached an agreement in principle to resolve the case.
The parties submitted a proposed settlement agreement for court approval, and the plaintiffs provided a letter explaining why they believed it was fair, reasonable, and adequate. The court reviewed the agreement, the letter, and the strengths and weaknesses of the parties’ positions.
Judge Katharine H. Parker approved the settlement as fair, reasonable, and adequate, including its compensation for the plaintiffs’ lawyers. The court retained jurisdiction to enforce the agreement if necessary, discontinued the action with prejudice and without costs, and directed the Clerk to close the case.
The detailed version
- Martinez v. Finger Management Corp. · No. 1:23-cv-05901
- Katharine Parker
- Jan. 23, 2025
Background
The plaintiffs brought this action under the Fair Labor Standards Act (FLSA) and the New York Labor Law. The parties consented to the court’s authority to decide the case under 28 U.S.C. § 636(c). After reaching an agreement in principle, they submitted a proposed settlement for judicial approval.
Settlement Review
The court reviewed the plaintiffs’ letter supporting the settlement, the proposed agreement, the relevant circumstances, and the court’s familiarity with the strengths and weaknesses of the parties’ positions. The court conducted this review because the cited precedent requires judicial review of FLSA settlements.
Ruling and Disposition
Judge Katharine H. Parker found that the settlement terms were fair, reasonable, and adequate both to address the plaintiffs’ claims and to compensate their counsel for legal fees. The court approved the agreement, retained jurisdiction to enforce it if necessary, and ordered that the action be discontinued with prejudice and without costs. The Clerk of Court was directed to close the case. The opinion does not state the settlement amount or describe the agreement’s specific payment terms.
Read the full 2-page opinion on CourtListener, the free public archive maintained by the Free Law Project.