HOW MUCH WILL MY PAYMENT BE?. 43. At this time, it is not possible to make any determination as to how much any individual Settlement Class Member may receive from the Settlement.
HOW MUCH WILL MY PAYMENT BE?. Each Settlement Class member’s share will be calculated according to a Court-approved Plan of Allocation by a third-party vendor (“Settlement Administrator”) selected by Class Counsel. You are not required to calculate the amount you may be entitled to receive under the Settlement because the Settlement Administrator will do so under the Plan of Allocation. In general, your proportionate share of the Settlement will be calculated as follows under the proposed Plan of Allocation: Group One Class Members, as defined above, will receive a settlement payment based on the ratio that their alleged Estimated Losses have to the grand total of all alleged Estimated Losses for all Group One Class Members. Estimated Losses are based on the personal information shown in Plan records for each Class Member. Estimated Losses include the alleged value of past and future unpaid monthly pension supplements; the alleged amount of underpayment of lump sum benefits due to early retirement reductions (if applicable to the Class Member); the alleged amount of underpayment of past and future annuity benefits due to early retirement reductions (if applicable); and alleged estimated lost investment return on these amounts. Please review the Appendix to this Notice for complete information. Class Counsel estimates that Group One Class Members will receive settlement payments that range between $4,000 and $365,759, prior to deducting any applicable taxes and withholdings. If the code above your address block on this Notice includes “CM1” then you have been identified as a Group One Class Member. Group One Class Members can obtain a statement of their projected settlement payment by contacting the Settlement Administrator at (xxx) xxx-xxxx. Group Two Class Members, as defined above, will receive a uniform Settlement payment of $4,000, prior to deducting any applicable taxes and withholdings. Please review the Appendix to this Notice for complete information. If the code above your address block on this Notice includes “CM2” then you have been identified as a Group Two Class Member. You will not be required to produce records relating to your benefits under the Plan. If you are entitled to a share of the Settlement Fund, your share of the Settlement will be determined based on the Plan’s records.
HOW MUCH WILL MY PAYMENT BE?. Each Settlement Class member’s share will be calculated according to a Court-approved Plan of Allocation by a third-party vendor (“Settlement Administrator”) selected by Class Counsel. You are not required to calculate the amount you may be entitled to receive under the Settlement as the Settlement Administrator will do so under the Plan of Allocation. In general, your proportionate share of the Settlement will be calculated as follows:
HOW MUCH WILL MY PAYMENT BE?. 46. At this time, it is not possible to make any determination as to how much any individual Class Member may receive from the Settlement.
HOW MUCH WILL MY PAYMENT BE?. The balance of the Settlement Fund after attorneys’ fees and costs, the service award and the Settlement Administrator’s fees will be divided among all Class Members in accordance with the formulas outlined in the settlement agreement. Current members of Defendant will receive a credit to their accounts for the amount they are entitled to receive, without having to take any action. Former members of Defendant shall receive a check from the Settlement Administrator, without having to take any action. Current and former members of Defendant who incurred Uncollected Fee shall automatically have such fees waived and forgiven.
HOW MUCH WILL MY PAYMENT BE?. Your share of the Net Settlement Fund will depend on the number of valid claim forms that Settlement Class Members send in, the number of shares of KaloBios common stock you purchased during the Settlement Class Period, and the timing of your purchases and sales. You will not receive a payment, however, if your proportionate share of the Net Settlement Fund is less than ten dollars ($10.00). You can calculate your Recognized Loss in accordance with the formula shown below in the Plan of Allocation. After all Settlement Class Members have sent in their Proof of Claim and Release forms, the payment you receive will reflect your Recognized Loss in relation to the Recognized Losses of all persons submitting valid Proof of Claim forms. The Recognized Loss is not the amount of the payment that you can expect, but is used to determine how the Net Settlement Fund is to be allocated among all persons submitting claims. HOW YOU OBTAIN A PAYMENT
HOW MUCH WILL MY PAYMENT BE?. 36. Based on Lead Plaintiff’s damages expert’s estimates of the number of shares of Straight Path common stock purchased during the Settlement Class Period that may have been affected by the conduct at issue in the Action and assuming that all Settlement Class Members elect to participate in the Settlement, the estimated average recovery (before the deduction of any Court- approved fees, expenses and costs as described herein) per share is $0.928. Settlement Class Members should note, however, that the foregoing average recovery per share is only an estimate. At this time, it is not possible to make any determination as to how much any individual Settlement Class Member may receive from the Settlement.
HOW MUCH WILL MY PAYMENT BE?. 58. At this time, it is not possible to make any determination as to how much any individual member of the Classes may receive from the Settlements, if they are approved.
HOW MUCH WILL MY PAYMENT BE?. At this time, it is not known precisely how much each Authorized Claimant will receive from the Net Settlement Fund. The payment to each Authorized Claimant (the “Settlement Payment”) will depend on total number of eligible Settlement Class Members. The Settlement Class is estimated to consist of 88,858 individuals, and those Class Members that complete the Settlement Payment Election or are otherwise located by the Settlement Administrator will equally share the Settlement proceeds after Taxes, court-awarded Attorneys’ Fees and Expenses, Service Awards, and Administration and Notice Costs are deducted from the $6 million Settlement (the “Net Settlement Fund”).
HOW MUCH WILL MY PAYMENT BE?. Each Class Member will be entitled to a one-time pro rata (i.e., equal or proportional) share of the net Settlement Fund. The parties estimate the payment will be between $200.00-$245.00. No action is required on your part to receive this payment. The Claims Administrator will issue payments by way of check. Any unclaimed or un- cashed funds or checks will be divided among the Class Members who cashed their settlement checks if the Questions? Call [insert number] or go to [insert url] 3 remaining amount will provide for more than $10 per person, otherwise it will become part of the Settlement Fund for cy pres distribution to CTIA, or a similar organization approved by the Court. HOW TO GET SETTLEMENT BENEFITS
