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 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: • First, the Settlement Administrator will obtain balances for each Settlement Class member in their Plan accounts as of December 31, 2014, and on December 31 of each subsequent year of the Class Period up to and including 2021. For 2022, March 31, 2022 will be used. Each Class Member’s account balances for each year of the Class Period based on the account balances as of these dates will be summed. This summed amount will be that Class Member’s “Balance.” • Second, the Balance for all Class Members will be summed. • Third, each Class Member will receive a share of the Net Settlement Amount in proportion to the sum of that Class Member’s Balance as compared to the sum of the Balance for all Class Members, i.e., where the numerator is the Class Member’s Balance and the denominator is the sum of all Class Members’ Balances. • The amounts resulting from this initial calculation will be known as the Preliminary Entitlement Amount. Class Members who are entitled to a distribution of less than $10.00 will receive a distribution of $10.00 (the “De Minimis Amount”) from the Net Settlement Amount. In other words, the Settlement Administrator shall progressively increase Class Members’ awards falling below the De Minimis Amount until the lowest participating Class Member award is the De Minimis Amount, i.e. $10.00. The resulting calculation shall be the Final Entitlement Amount for each Class Member. The sum of the Final Entitlement Amount for each Class Member will equal the dollar amount of the Net Settlement Amount. You will not be required to produce records that show your Plan activity. 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 for your account. If you have questions regarding the allocation of the Net Settlement Amount, please contact Class Counsel listed on Page 2 above.
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?. The balance of the Settlement Fund after attorneys’ fees and costs, any 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?. The amount of the Cash Award you may be entitled to under the proposed Settlement depends upon whether you fit within Category 1, 2, or 3 below. Class Members who used 0% Checks on multiple Capital One credit card accounts may fit within multiple categories and receive a Cash Award for each account. Additional information is provided in Section 4.02 of the Settlement Agreement, which is available at xxx.XxxxxxxXxxXxxxXxxxxxxXxxxxxxxxx.xxx. Capital One’s records will be used to confirm the category that you fit within: Category Description Payment Amount How to Receive Payment? One Customers who used only one 0% Check on an account2 and were charged interest on their purchase balance because of the 0% Check. $5.50 Do nothing. A check will automatically be sent to you once the Settlement becomes final. Two Customers who used more than one 0% Check on an account at least three months apart and were charged interest on their purchase balance because of the 0% Check. $5.50 Submit a completed Claim Form on or before , 2015, to www.CapitalOneZeroPercentSett xxxxxx.xxx, or by mail, as indicated in Section 8 below. Three Customers who used one or more 0% Checks but were not $2.00 Submit a completed Claim Form on or before , 2015, to www.CapitalOneZeroPercentSett 2 Customers who used more than one 0% Check on an account, all within less than three months, are treated as if the used only one 0% Check for purposes of the Cash Awards. charged interest on their purchase balance because of the 0% Check. xxxxxx.xxx, or by mail, as indicated in Section 8 below.
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?. The balance of the Settlement Fund after attorneys’ fees and costs, litigation costs, the service award and the Settlement Administrator’s and Fee Expert’s fees will be divided among all Class Members in accordance with the formulas outlined in the settlement agreement.
HOW MUCH WILL MY PAYMENT BE?. Your share (if any) of the Net Settlement Fund, net of the fees and expenses described above, will depend on your alleged loss, compared to other Settlement Class members’ alleged losses, related to Plan investments in the IBM Stock Fund between January 21, 2014 and October 20, 2014. Each Settlement Class member’s share will be calculated according to a Court-approved Plan of Allocation. You are not responsible for calculating the amount you may be entitled to receive under the Settlement, or for providing the information needed to perform such calculations. In general, your proportionate share of the Settlement will be calculated as follows: Each Settlement Class member’s “Net Loss” will be calculated. For each Settlement Class member, his or her Net Loss will be equal to:
HOW MUCH WILL MY PAYMENT BE?. Payment amounts depend on the number of valid claims submitted. Each Settlement Class Member who files an approved claim will be entitled to a one-time pro rata (i.e., equal or proportional) share of the net Settlement Fund per person. The Claims Administrator will issue payments by way of check. Any unclaimed or un-cashed funds or checks will be divided among the Settlement Class Members who cashed their settlement checks if the remaining amount will provide for more than $10 per person, otherwise it will become part of the Settlement Fund for cy pres distribution to the Minnesota Federal Court Pro Se Project or Minnesota Volunteer Lawyers Network or a similar organization approved by the Court. HOW TO GET SETTLEMENT BENEFITS
