Settlement Date:
02/07/2013
Case Name:
Nasseri v. CytoSport, Inc.
Court Name:
Los Angeles County Superior Court
Plaintiff:
Farbod Nasseri, Kevin G. Peters, Michael R. Romero
Injunctive Relief:
See Second Amended Settlement Agreement, Release and Consent Judgment ("Second Amended Agreement") at Sec. 3.00 et seq.; Second Amendment to Second Amended Agreement at Sec. 3.06
*Non-Contingent Civil Penalty:
$ 0.00
Attorney(s) Fees and Costs:
$ 2,600,000.00
Payment in Lieu of Penalty:
$ 25,000.00 ($25,000 charitable donation in lieu of civil penalties. Up to $75,000 in additional charitable payments. See First Amendment to Second Amended Agreement at Sec. 2.05.)
Total Payments:
$ 2,625,000.00
Will settlement be submitted to court?
Contact Organization:
Pearson, Simon, Warshaw & Penny LLP
Address:
15165 Ventura Blvd., Suite 400
City, State, Zip:
Sherman Oaks, CA 91403
Phone Number:
818-788-8300