General Process. To obtain monetary relief as part of the Settlement, a Class Member must fill out and submit a Claim Form, completed online or in hard copy mailed to the Class Administrator. The claim made via the Claim Form will proceed through the following general steps: (a) The Claimant will be asked to provide identifying information. (b) The Claimant will be asked to identify which of the Class Products he or she has purchased since November 2013. For each Class Product purchased since November 2013, the Claimant will be asked to state his or her approximate number of purchases over a typical three-month period. The Claimant will be asked to identify the year he or she began purchasing the product. (c) An equation running “behind the scenes” will calculate the extrapolated number of units of each Class Product purchased by the Claimant during the Class Period, taking into account the year the Claimant began purchasing the Class Product. Settlement Class Members’ claims without proof of purchase will be subject to a product cap of two boxes per month based on a reasonable average use for the products, but Settlement Class Members’ claims with proof of purchase will have no cap in a given month if proven purchases exceed the two-box cap in that month. The equation will then calculate a dollar amount of “Base Damages” by multiplying the number of units of each Class Product purchased, by a standardized refund of $0.21 per unit purchased, which is based on the premium determined by the Class’s damages models. Based on the distribution of Base Damages calculated for all Claimants, each Claimant will be placed into one of five quintiles. (d) All Cash Awards will be adjusted pro rata up or down as described in Section
Appears in 2 contracts
Samples: Class Action Settlement Agreement, Class Action Settlement Agreement
General Process. To obtain monetary relief as part of the Settlement, a Class Member must fill out and submit a Claim Form, completed online or in hard copy mailed to the Class Administrator. The claim made via the Claim Form will proceed through the following general steps:
(a) The Claimant will be asked to provide identifying information.
(b) The Claimant will be asked to identify which of the Class Products he or she has purchased since November 2013August 2012. For each Class Product purchased since November 2013August 2012, the Claimant will be asked to state his or her approximate number of purchases over a typical three-month period. The Claimant will be asked to identify the year he or she began purchasing the product.
(c) An equation running “behind the scenes” will calculate the extrapolated number of units of each Class Product purchased by the Claimant during the Class Period, taking into account the year the Claimant began purchasing the Class Product. Settlement Class Members’ claims without proof of purchase will be subject to a per- product cap of two boxes per month caps based on a reasonable average use for the products, but Settlement Class Members’ claims with proof of purchase will have no cap in a given month if proven purchases exceed the two-box cap in that monthcap. The equation will then calculate a dollar amount of “Base Damages” by multiplying the number of units of each Class Product purchased, by a standardized refund of $0.21 per unit purchased, which is for that product based on the premium determined by the Class’s damages modelsmodels in the Action. Based To account for the “heart health” limitation on the distribution of Base Damages calculated for all Claimants, each Claimant will be placed into one of five quintiles.Raisin Product Amount Per Box Box Cap
(d) All Cash Awards will be adjusted pro rata up or down as described in SectionSection 4.5 below.
Appears in 2 contracts
Samples: Class Action Settlement Agreement, Class Action Settlement Agreement