Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-cand-3_14-cv-05191/USCOURTS-cand-3_14-cv-05191-6/pdf.json

Nature of Suit Code: 890
Nature of Suit: Other Statutory Actions
Cause of Action: 15:1681 Fair Credit Reporting Act

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NOTICE OF SETTLEMENT AND STIPULATION

Case No.: 3:14-cv-05191-TEH

NICHOLS KASTER, LLP

Matthew C. Helland, CA Bar No. 250451

helland@nka.com

One Embarcadero Center, Suite 720

San Francisco, CA 94111

Phone: (415) 277-7235

Fax: (415) 277-7238

BERGER & MONTAGUE, P.C.

E. Michelle Drake, MN Bar No. 0387366*

emdrake@bm.net

John G. Albanese, MN Bar No. 0395882*

jalbanese@bm.net

100 South Fifth Street, 19th Fl

Minneapolis, MN 55402

Phone: (215) 875-3000

Fax: (215) 875-4604

GOTTLIEB & ASSOCIATES

Jeffrey M. Gottlieb, NY Bar No. JG-7905*

nyjg@aol.com

Dana L. Gottlieb, NY Bar No. DG-6151*

danalgottlieb@aol.com

150 East 18th Street, Suite PHR

New York, NY 10003

Phone: (212) 228-9795

Fax: (212) 982-6284

*admitted pro hac vice

Attorneys for Individual and Representative Plaintiffs

[Attorneys for Defendants listed on Signature Page]

UNITED STATES DISTRICT COURT

NORTHERN DISTRICT OF CALIFORNIA

SHAWN HEATON and ANNA 

AHLBORN, individually, as representatives 

of the classes, and on behalf of the general 

public,

Plaintiffs,

v.

SOCIAL FINANCE, INC., and SOFI 

LENDING CORP.,

Defendants.

Case No.: 3:14-cv-05191-TEH

JOINT NOTICE OF 

SETTLEMENT AND 

STIPULATION TO VACATE 

LITIGATION DEADLINES

Hon. Thelton E. Henderson

Courtroom: 12

Complaint Filed: Nov. 24, 2014

Case 3:14-cv-05191-TEH Document 110 Filed 02/22/16 Page 1 of 3
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-2- Case No.: 3:14-cv-05191-TEH

NOTICE OF SETTLEMENT AND STIPULATION

Pursuant to Local Rule 7-12, Plaintiffs Shawn Heaton and Anna Ahlborn 

(“Plaintiffs”) and Defendants Social Finance, Inc. and SoFi Lending Corp. (“Defendants”) 

(collectively the “parties”), by and through their undersigned counsel, hereby jointly 

notify the Court that the parties have reached a settlement in principle and are working 

towards finalizing a settlement agreement. The parties further stipulate and agree as 

follows:

WHEREAS, on January 26, 2016, the parties attended mediation with neutral Hon. 

Edward Infante, at which the parties agreed to a settlement terms sheet;

WHEREAS, the parties have begun negotiating a formal settlement agreement;

WHEREAS, there are upcoming litigation deadlines, including a February 22nd 

deadline for a case management statement, and a February 29th case management 

conference, currently scheduled in this matter;

WHEREAS, the parties agree that they require 45 days to formalize the settlement 

and to prepare a motion for preliminary approval;

WHEREAS, the parties agree that all currently scheduled litigation deadlines 

should be vacated;

WHEREFORE, the parties request that the Court vacate all pending litigation 

deadlines in this matter and set a deadline of April 7, 2016 for the parties to file for 

preliminary approval.

Date: February 19, 2016 BERGER & MONTAGUE, P.C.

/s/John G. Albanese

John G. Albanese (pro hac vice)

ATTORNEY FOR PLAINTIFFS

Date: February 19, 2016 MORRISON & FOERSTER, LLP

/s/James F. McCabe

James F. McCabe (CA Bar No. 104686)

jmccabe@mofo.com

Case 3:14-cv-05191-TEH Document 110 Filed 02/22/16 Page 2 of 3
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-3- Case No.: 3:14-cv-05191-TEH

NOTICE OF SETTLEMENT AND STIPULATION

Sarah Nicole Davis (CA Bar No. 275145)

sarahdavis@mofo.com

425 Market Street

San Francisco, CA 94105

Telephone: 415.268.7000

Fax: 415.268.7522

ATTORNEYS FOR DEFENDANTS

IT IS SO ORDERED.

Date: 

Hon. Thelton E. Henderson

United States Senior District Judge

02/22/2016

Case 3:14-cv-05191-TEH Document 110 Filed 02/22/16 Page 3 of 3