Lazo v. Falcone
- Sarah Netburn
- 1:22-cv-10587
- U.S. District Court · Southern District of New York
- 1
In Lazo v. Falcone, Judge Netburn ordered the parties to submit their proposed Fair Labor Standards Act settlement for fairness review.
Carmen Lazo and Philip Falcone, the parties to the Fair Labor Standards Act case, must submit the proposed settlement and supporting explanation for court review.
What happened
In Lazo v. Falcone, the parties told the court that they had reached a settlement in principle in this Fair Labor Standards Act case.
The court ordered the parties to file their settlement agreement and a joint letter by January 22, 2024. The letter must explain the basis for the settlement and why it is fair and reasonable.
Judge Sarah Netburn postponed all other dates and deadlines indefinitely while the court reviews the proposed settlement.
The detailed version
- Lazo v. Falcone · No. 1:22-cv-10587
- Sarah Netburn
- Dec. 26, 2023
Background
Carmen Lazo brought this action against Philip Falcone under the Fair Labor Standards Act, a federal law governing certain wage and hour requirements. The parties informed the court that they had reached a settlement in principle.
Court’s Analysis
Because the case involves Fair Labor Standards Act claims, the court explained that it must review the settlement agreement for fairness. The court cited decisions stating that settlements of these claims require approval by the district court or the U.S. Department of Labor to take effect, and identifying factors relevant to evaluating the fairness and reasonableness of a proposed settlement and attorney-fee award.
Order
The court ordered the parties to file their settlement agreement by January 22, 2024. By the same date, they must file a joint letter explaining the basis for the proposed settlement and why it is fair and reasonable. The court also postponed all future dates and deadlines indefinitely. Judge Sarah Netburn signed the order on December 26, 2023.
Read the full 1-page opinion on CourtListener, the free public archive maintained by the Free Law Project.