Page 23 2016 U.S. Dist. LEXIS 97188, * the merits of the case," so this factors weighs in favor of settlement. See Martina, 2013 U.S. Dist. LEXIS 145285, 2013 WL 5567157, at *6 (finding adequate appreciation of merits when parties "exchanged initial disclosures and arrived at the Settlement after negotiation before a retired federal judge."). 4. Girsh factors four and five: the risks of establishing liability and damages The fourth and fifth Girth factors require the Court to balance the Parties' relative likelihood of success in establishing liability and damages against the immediate benefits derived from a settlement. See Prudential, 148 F.3d at 319. The Court weighs these factors against the best and worst possible outcomes for Plaintiffs. In re Cendant Corp. Litig., 264 F.3d 201, 237-39 (3d Cir. 2001). Although Plaintiffs survived an initial motion to dismiss, see ECF No. 39, the Court has not yet ruled on the substantive issues underlying the litigation — namely, whether Defendants caused defective timing chain tensioners to be installed in the Class Vehicles and whether they are liable for damages. The Court lacks the factual record necessary to determine Plaintiffs' likelihood of success on the merits, but Plaintiffs claim that "all parties," including Defendants, "remain confident of their chance at prevailing at trial." ECF No. 92 at 26-27. Plaintiffs state that [*52] their best possible outcome would likely involve "years of litigation," including an appeal to the Third Circuit after Plaintiffs received a favorable decision in this Court. Id. at 27. This would require "a very substantial expenditure in attorneys' fees and costs by both parties," but would likely "not result in an increased benefit to the Class." Id. Though it is difficult to accurately estimate Plaintiffs' likelihood of success in establishing either liability or damages, the Court finds that the fourth and fifth Girsh factors weigh in favor of approving the settle