Summary of the Settlement. To settle this case, Corizon agreed to pay a total of $550,000.00 (“Gross Settlement Fund”), which is intended to include claims for alleged unpaid wages, liquidated damages, penalties, interest, costs, attorneys’ fees, and taxes. If you choose to participate in this settlement, you will receive the approximate gross amount listed on page 1, before taxes.
Summary of the Settlement. Allstate agreed to establish a Settlement Fund of $3,300,000 to pay Settlement Class Members who make valid and timely claims; pay any service award to the Class Representative; pay attorneys’ fees and costs to Class Counsel; and pay settlement notice and administration costs. Any remaining monies from uncashed settlement checks may be redistributed or paid to one or more non-profits. This is a summary notice only; additional details of the Settlement can be found at xxx.XxxxxxxxXxxxxxxxxx.xxx or by calling 1-XXX-XXX- XXXX.
Summary of the Settlement. To see if you will get money from this settlement, you first have to decide if you are a Class Member.
Summary of the Settlement. The Settlement establishes the transmission plant depreciation rates to be included in BGE’s Formula Rate, as well as the common and general plant asset depreciation rates, and resolves all disputes between the Parties regarding those depreciation rates. A summary of the provisions of the Settlement is included below. The Preamble describes the Parties and the effect of the Settlement on Docket No. ER24- 754 and all sub-dockets thereto. Section 1 provides the definitions applicable to the Settlement.
Section 2.1 identifies the tariff records filed as part of the Settlement, noting that Exhibits A and B include the agreed-upon changes to the Formula Rate Template included in Attachment H-2A to PJM’s OATT in clean and redline/strikethrough format, respectively. Exhibit C, included for informational purposes, shows the portion of each plant account’s depreciation rate that is attributable to service lives and the portion that is attributable to net salvage, along with the survivor curves and net salvage percentages used to calculate those rates. The changes to the Formula Rate Template shown in Exhibits A and B to the Settlement are to the Settlement depreciation rates set forth in Attachment 11 to the Formula Rate Template, which reflect the negotiated stated transmission depreciation rates and the common and general depreciation rates.
Section 2.1. 2 provides that BGE will not file a new depreciation study and request for transmission depreciation rates pursuant to FPA Section 205 before December 1, 2028.
Section 2.1. 3 provides that the Settlement resolves all issues set for hearing of the Parties generally and each individual Party related to or arising out of the issues in Docket No. ER24- 754 and all sub-dockets thereto, and further provides that the Settlement does not foreclose any Parties’ rights with respect to issues not explicitly addressed in the Settlement Agreement. Article III and its subparts address procedural aspects of the Settlement. Section 3.1 sets forth that upon Commission approval of the Settlement, the Settlement depreciation rates become effective as of March 1, 2024. This section also sets forth what constitutes Commission approval of the Settlement.
Section 3.2 provides that within thirty days after Commission approval of the Settlement, a compliance filing will be made by BGE in conjunction with PJM to submit the tariff records included in Exhibit A and Exhibit B of the Settlement to be effective on March 1, 2024. Additionally, ...
Summary of the Settlement. If the settlement is approved by the Court, the Defendants will establish a Settlement Fund from which valid claims of the Class Members will be settled. The compensation paid to each Class Member will vary based on the eligibility criteria and assessment factors set out in the Settlement Agreement. A remedial measure, administrative and legal fees, disbursements and applicable taxes of Class Counsel will also be paid from the Settlement Fund established by the Defendants. The Defendants deny all the claims, any wrongdoing or any liability covered by the class action. The Court has not yet taken a position on the merits of the Plaintiff¶oVr the Defendants¶arguments and will have to determine whether the Settlement Agreement is fair, reasonable and in the best interests of the Class Members, regardless of the merits of the claim. One of the conditions of the settlement is that the class action be authorized for settlement purposes and without a trial on the merits of the dispute. Class Members who meet the eligibility criteria set out in the Settlement Agreement may be entitled to compensation based on various factors that will be assessed by the Claims Administrator following analysis of a valid Claim Form and the health and/or court records required to support it. The Settlement Agreement, related documents and other documents are available on the Settlement website of Registry of Class actions at xxxxx://xxx.xxxxxxxxxxxxxxxxxxxxxxxxxxxxx.xxxxxx/en, and copies may be requested from the Claims Administrator and/or Class Counsel, as indicated below.
Summary of the Settlement. 17 As detailed in the proposed Class Notices submitted as Exhibit 3 to the Settlement 18 Agreement, under the terms of the Settlement, all persons who fall within the Settlement 19 Class definition are entitled to a total Settlement Fund of $3,500,000, to be paid as 20 follows:
Summary of the Settlement. A Settlement Fund has been created as a consequence of the Settlement. In addition, certain non-monetary benefits will be provided to Class Members who are current Plan participants as a consequence of the Settlement. The Settlement Fund is a $1.8 million payment which the Company will pay into escrow, plus any accrued interest. The amount remaining in the Settlement Fund after payment of Court-approved attorneys’ fees and expenses, Court-approved compensation to the Named Plaintiffs, any taxes owed by the Settlement Fund (the “Net Proceeds”), will be allocated to members of the Class according to a Plan of Allocation to be approved by the Court. (All costs of providing notice to the Class, as well as all costs associated with administering the Settlement Fund, will be borne by Defendants.) The following non-monetary consideration will be provided by Defendants in addition to the $1.8 million in monetary consideration:
Summary of the Settlement. Defendants agreed to pay a total settlement amount of $2,400,000, which will be used to create a Settlement Fund to pay cash awards to Settlement Class Members who submit a valid and timely claim, pay Class Counsel’s attorneys’ fees of up to 25% of the Settlement Fund, pay Class Counsel’s actual costs, pay a service award to the two Class Representatives of $5,000 each, and pay costs and expenses of settlement administration. Any remaining monies from uncashed settlement checks may be redistributed or paid to a non-profit. This is a summary notice only; additional details of the Settlement can be found at xxx.xxxxxxxxxxxxxxxxx.xxx or by calling 1-XXX-XXX-XXXX.
Summary of the Settlement. Most of the FDIC’s current African-American employees work in these two D.C. area locations. This settlement calls for substantial changes in the FDIC’s policies and procedures and provides for a payment of monetary relief to the Class in an amount that is larger than any other known settlement of a race discrimination class action against a federal agency. While negotiation of these reforms was triggered by claims of race discrimination against African-American employees, these measures are intended to benefit all FDIC employees by promoting fairness, consistency and objectivity in the administration of employment practices. No quotas are provided and no employee would be displaced from his or her job as a result of any provision of the Consent Decree. The major terms of the Consent Decree are summarized below:
Summary of the Settlement. Oh Insurance Agency and Allstate Insurance Company agreed to establish a Settlement Fund of $10,500,000 to pay Class Members who make valid and timely claims; pay any incentive award to the Class Representative; pay attorneys’ fees and costs; and pay settlement notice and administration costs. Plaintiff will request up to $10,000 as an incentive award, and up to
