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Yip Yip Yip
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Are you sure??!!??
Is it true?
I sure hope so! This is great! What did you read/see? Or who did you talk to?
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Yes it is. Checks will be issued to class members or their attorneys via fed ex within 30 days. 6.4% in class counsel fees will be deducted.
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I just spoke to the Seventh amendment people and they confirmed that the order was signed at 12:32 pm today!!
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Here is the entry from Pacer:
04/08/2008 3543 PRETRIAL ORDER NO. 7764 THAT THE JOINT MOTION FOR JUDICIAL
AUTHORIZATION TO MAKE A "FINAL" DISTRIBUTION OF THE
SUPPLEMENTAL CLASS SETTLEMENT FUND IS GRANTED AS
OUTLINED IN THIS ORDER, ETC. SIGNED BY HONORABLE HARVEY
BARTLE, III ON 4/8/08; 4/8/08 ENTERED AND COPIES MAILED AND
DISTRIBUTED TO LIAISON COUNSEL. (SEE PAPER # 108397 IN
11−MD−1203). (tjd) (Entered: 04/08/2008)
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I'm so happy for all of you that have been waiting for so long for your settlements. Congratulations!!
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Can't wipe the smile off my face....all these years of wondering if it will ever be over and finally here we are. Thanks texlegalpro3 for sharing the great news. I am walking on sunshine today!
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I to am soooo happy. We have waited a long time for this.
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Congratulations everybody!!!!!!!!!!!!!!!
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Marie
I just want to say Thank You for all your assistance, you and many other on this site have been so helpful.
Thore
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Holy cow, it has finally happened. My husband and I were just talking today about taking out a home equity loan to do some improvements on our house. Congrats to all of you who have waited so long for this to happen.
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CONGRATS TO ALL!!!! BUT NOW I NEED A LIL HELP, I AM IN ALL THIS AND RECEIVED THE 40% PAYOUT, MY POINT VALUE IS 25.96, CAN ANYONE TELL ME WHAT I SHOULD RECEIVE THIS TIME? I DO HAVE AN ATTORNEY, JUST WANNA KEEP HIM ON THE STRAIGHT AND NARROW. HE IS CHARGING 40%
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Showsteer, if you have a claim #, this info was attached to the motion for final distribution. I can send you the exhibit with claim nos and payout info if you send me an email. Or send me the claim # and I can look it up.
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I just called my attorney and informed him of the signing. He said of all his clients I was the only one who know so much, thanks to all of you for the info. You get all
the credit.
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TXLEGALPRO, I HAVE NO IDEA WHAT MY CLAIM # IS, ANY OTHER WAY TO FIND OUT?
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Showsteer, if you have a number of 25.96, then you have a DDR#. Look at any past correspondence from your attorney or simply call and ask him/her.
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SHOWSTEER,
25.96 x $11,960 = $310,481.60.
That's the total amount you're entitled too. If what you want to know is the amount of your final distribution, just subtract whatever you were awarded as an interim distribution (before attorney fees were deducted) from that $310,481.60.
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THANKS TO ALL, I THINK I SHOULD GET 124,452.24. THATS AFTER THE 40% LAWYER FEE AND AFTER THE 40% WE ALREADY HAVE GOTTEN, MARIE, DOES THIS LOOK RIGHT TO YOU?
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Showsteer--I played with your numbers and I believe you are correct.
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thanks chenrichse, i need all the help i can get.
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Hello everyone I have been reviewing this post for a while yes I am one of NKB client that opt out. Yes it true I went to boston hotel to meet and negotiate with him. Yes it is true he said that he was negotiating with APH. I was one of the pony and dog show viticm. I just want to know will I be included in the distribution of the supplemental class settlement. I had to pay 33.3% to NKB. Did I lose all rights to this settlement?
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Nana,
If you've already recieved money as a class opt-out, then you aren't going to be recieving any of this 7th supplemental fund money. You don't get to do both, it's one or the other. Some people who were class opt-outs, but had previously submitted a green form to the trust, had the option of remaining a class opt-out OR participating in the 7th amendment and possibly recieving a portion of the supplemental fund. If you happen to be one of those people, then you MIGHT possibly be getting some of that money if you happened to also pass the 7th claim review. However, from the little you wrote in your post, it sounds like you already recieved money in some type of global settlement deal. So if that's so, then you won't be getting any additional money from the 7th fund.
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Congratulations Everyone! You've waited a long time and I'm glad you'll finally be getting paid!!!!
sr
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I contact my lawyer office today to ask when they were expecting to get the final distribution. They said about sometime mid-may.
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It'll be before mid May, the PTO gave the Trust 30 days from the date it was signed to process and mail payment.
Last edited by mthore43 (2008-04-16 10:10:45)
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