On June 17, 2022, the Court granted final approval to the Settlement and entered Final Judgment. The Corporate Defendants made their first guaranteed payment of $7 million into the Class Settlement Fund on February 22, 2022. The Corporate Defendants have made four additional, contingent payments into the Class Settlement Fund between May 2, 2022 and April 12, 2023, totaling roughly $1,726,363.96. Lead Counsel is evaluating the likelihood and potential timing of any additional contingent settlement payments to determine when distributing the Class Settlement Funds will be most cost-effective. Lead Counsel will move the Court to authorize distribution of the Class Settlement Funds at the soonest cost-effective time, pursuant to the Plan of Allocation and Final Judgment.
Court Documents
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