Frequently Asked Questions
How will the amount of my claim be calculated?After deduction of the $1,000,000 charitable contribution described in section 2.3 of the Detailed Notice, the Net Settlement Fund will be divided among the Settlement Class members whose claims have been approved for payment. That means that the amount paid to any individual Settlement Class member may depend on the total number of approved claims submitted by all Settlement Class members. The more approved claims there are, the smaller the individual payments may be.
Your Approved Claim Amount (see previous FAQ) will be divided by the total Approved Claim Amounts for all Class members to calculate each claimant's pro rata share of the Net Settlement Fund.
If the total amount of all Approved Claim Amounts (the "Approved Claim Total") is greater than the Net Settlement Fund, then the Approved Claim Total will be divided by the Net Settlement Fund to arrive at each claimant's pro rata share of the Net Settlement Fund. If the Approved Claim Total is less than the Net Settlement Fund, then that difference will be distributed to charitable or non-profit organizations in the same manner as with the previously referenced $1,000,000 portion of the Net Settlement Fund.
If your pro rata share of the Net Settlement Fund is less than $10, no payment will be sent to you due to prohibitive administrative costs.
On the other hand, if your pro rata share of the Net Settlement Fund would exceed your Approved Claim Amount, your payment will be limited to your Approved Claim Amount.