Recent Settlement Events

By Order dated October 15, 2007, the Court directed the Distribution Agent to pay all validated claims..  These payments were issued on October 19, 2007. 

Claimants will be notified by letter if their loss does not meet the $10 minimum or if their claim is not eligible for another reason and they have not been previously notified.  For security reasons, payment amounts cannot be provided over the phone. 

Any eligible loss less than $10 will not be paid.

Please note that since the total amount of money due to eligible claimants exceeded the available distribution, the funds were distributed pro rata to the eligible claimants.  Due to the volume of claims filed, payments were calculated at 3.9% of eligible loss amounts.

More information is available about payment calculations in the Distribution Plan, in Appendices I and II.