Fletcher v. American Security & Trust Co.

How later courts describe this case

• venue transfer under 28 U.S.C. § 1404(a) where "the evidence and arguments ... (are) in doubt"
• settlement fair, reasonable and adequate despite objection by over twenty percent of the class members
• "It is essential in cases such as this that the district court set forth the reasoning supporting its conclusion in sufficient detail to make meaningful review possible...."
• “It is essential in eases such as this that the district court set forth the reasoning supporting its conclusion in sufficient detail to make meaningful review possi-ble_”
• settlement not unfair simply because many class members oppose it
• “It is essential in cases such as this that the district court set forth the reasoning supporting its conclusion in sufficient detail to make meaningful review possible; use of ‘mere boilerplate’ language will not suffice.”
• approval over objections of approximately 20% of 452 member class
• approval of proposed class action settlement