Source: s3://data.kl3m.ai/documents/govinfo/USCOURTS/USCOURTS-azd-2_08-cv-00918/USCOURTS-azd-2_08-cv-00918-5/pdf.json

Nature of Suit Code: 791
Nature of Suit: Employee Retirement Income Security Act (ERISA)
Cause of Action: 29:1001 E.R.I.S.A.: Employee Retirement

---

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

WO 

IN THE UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF ARIZONA 

Levanna C Traylor, et al., 

Plaintiffs, 

v. 

Avnet Inc.; Avnet Pension Plan, 

Defendants. 

No. CV-08-00918-PHX-FJM

ORDER 

 This matter is before the Court, having previously entered Judgment on April 4, 

2010 approving pursuant to Fed. R. Civ. P. 23(e) the settlement of this class action (the 

“Litigation”) brought by Plaintiffs Levanna C. Traylor, Kevin R. Moses, James Frederic 

Coy, Gwyn M. Moriarty, Linda M. Phillips, Thomas G. Small, Dwayne E. Cohen, and 

Steve A. Dison (“Plaintiffs” or “Named Plaintiffs”) individually and on behalf of the 

Lump Sum Class and Restricted Participant Class (the “Classes”), against Defendants 

Avnet, Inc. and the Avnet Pension Plan (“Plan”) (collectively, “Defendants”). 

 Upon consideration of Plaintiffs’ Unopposed Motion for Approval of Second 

Distribution to the Class of Net Residual Settlement Funds (Doc. 205), which is 

supported by the Declaration of Ann Sturner, E.A., F.S.A. and the Declaration of Mark 

Cowen of Rust Consulting, together with exhibits attached thereto, the Court finds that 

there are 345 members of the Lump Sum Class (“Unreachable Class members”) who 

cannot be located by the Settlement Administrator, Rust Consulting, Inc. (“Rust”), 

Case 2:08-cv-00918-FJM Document 206 Filed 08/17/16 Page 1 of 3
- 2 - 

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

despite its diligent efforts and that further efforts to locate these missing class members 

are unlikely to succeed. 

 Accordingly, it is hereby ORDERED that: 

 1. Rust shall perform a distribution to the 3,117 Lump Sum Class members 

who have been successfully located and paid (“Paid Class members”) the net residual 

settlement proceeds attributable to 345 Unreachable Class members. 

 2. The second distribution shall be performed in the manner described and 

calculated by Enrolled Actuary Sturner in her August 5, 2016 declaration and 

accompanying attachments such that each Paid Class members shall receive a second 

payment from the Total Net Residual Settlement Funds on the same pro rata basis that 

the original net settlement benefits were allocated to individual members of the Lump 

Sum Class, except that all second payments shall be equal to the Class member’s pro rata 

share of residual net settlement proceeds or $45, whichever is greater, but in no case shall 

the Class member receive a combined payment that exceeds his or her actual damages, as 

described in the Sturner Declaration. 

 3. The Court approves the proposed payment of $22,386.00 to the Settlement 

Administrator from the residual settlement funds for services to be rendered in 

connection with the second distribution of net residual settlement funds to the Paid Class 

members. 

 4. The distribution of residual settlement funds in the manner specified in the 

Rust and Sturner Declarations shall commence as soon as practicable without further 

order of the Court. Rust shall make two attempts to distribute residual settlement funds as 

specified in the Rust Declaration. 

 5. On or before the later of February 28, 2017 or six months from the date this 

Order is entered, the Settlement Administrator shall submit a written status report 

confirming the distribution of all residual settlement funds, or to the extent any residual 

settlement funds remain, detailing efforts taken to locate the newly unreachable Paid 

Class members and distribute residual settlement funds to them. 

Case 2:08-cv-00918-FJM Document 206 Filed 08/17/16 Page 2 of 3
- 3 - 

1 

2 

3 

4 

5 

6 

7 

8 

9 

10 

11 

12 

13 

14 

15 

16 

17 

18 

19 

20 

21 

22 

23 

24 

25 

26 

27 

28 

 6. For the avoidance of doubt, no Paid Class Member and no Defendants shall 

be liable to any Unreachable Class members who may attempt to claim a settlement 

payment under the terms of the original plan of distribution in effect prior to the entry of 

this Order. 

 Dated this 17th day of August, 2016. 

Case 2:08-cv-00918-FJM Document 206 Filed 08/17/16 Page 3 of 3