News and Case Updates

Payment Update #8

Payment Update #8

Yesterday afternoon, Gilardi, the court-appointed claims administrator in this case, confirmed that all checks have mailed to living class members.  Please allow a few days for your check to arrive.  The check represents your total compensation award for your lost wages, plus interest accumulated to date.  A letter is enclosed with your check itemizing your award and any deductions required by law.

Some of you have expressed concerns that Gilardi representatives have stated that this check represents an “installment” payment, with some amount of your award left to be paid.  What they are referring to is a second distribution to you of unclaimed funds.  Under the distribution plan approved by the court, any funds unclaimed by class members (that is, funds allocated to checks that go uncashed) will be distributed to those of you who cash the checks you are receiving now.  In other words, these unclaimed funds will be distributed (after a fair amount of time to claim them) to the benefit of the active class members on top of your lost wage awards that you are receiving now.

Posted in: Updates

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