Each Settlement Class Member whose claims have not been dismissed by the Court shall automatically be entitled to receive a pro rata portion of the Net Settlement Fund. The Net Settlement Fund is $575,000 less the costs of notice, costs of administering the Settlement, Court-approved Class Counsel attorney fees and expenses, and the Court-approved Class Representative’s award, including requested compensation for time expended by the Class Representative for the prosecution of this case, not to exceed $30,000, all as more fully discussed and defined in the Stipulation of Settlement. Each such Settlement Class Member's pro rata share of the Net Settlement Fund shall be calculated by creating a fraction using the number of their presumed unpaid hours over the number of total unpaid hours; this fraction will then be multiplied by the net amount of the settlement fund after the expenses listed above. However, each such Settlement Class Member will have the option of opting out of the settlement and filing their own case.
Each Settlement Class Member whose claims have been dismissed by the Court may either accept $100 or may opt out of the settlement and file his or her own case.
If you wish to participate in the Settlement, you do not need to do anything, and you will participate by your payment being calculated per the terms of the Settlement Agreement. You will not be charged anything individually to remain in the Settlement Class.