Excluding the estimated value of the injunctive relief, the total potential value of the cash and voucher components of the settlement was more than $20,000,000.Because the settlement involved creation of a common fund, the settlement was subject to CAFA, and a CAFA settlement must comply with 28 U.S.C. § 1714 and § 1715. Having preliminarily approved the settlement, the Magistrate Judge issued the class notices and directed the parties to comply CAFA notice requirements.
Id. (codified as 28 U.S.C. § 1714). 62. Id.