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Personal Property: Other | New York Southern
Order
ORDER AUTHORIZING DISTRIBUTION OF THE SUPPLEMENTAL SETTLEMENT FUND: NOW, THEREFORE, upon reading and filing the Declaration of Jason Rabe in Support of Entry of An Order for Distribution of the Supplemental Settlement Funds; and upon all prior procee dings heretofore in this action, and after due deliberation, it is hereby ORDERED, that Co-Lead Counsel are directed to pay actually incurred and anticipated taxes, fees and expenses as are summarized in in the Rabe Declaration; and it is further ORD ERED, that the recommendation of the Claims Administrator to approve determinations of claims as described in the Rabe Declaration, including claims submitted after the original October 9, 2024 submission deadline through March 11, 2025, be and the same hereby are approved, and said claims are hereby accepted; and it is further ORDERED, that the Net Supplemental Settlement Fund shall be distributed to Authorized Claimants, calculated as described in the Rabe Declaration under the Court-approved Plan of Allocation in proportion to each Authorized Claimant's Recognized Loss as compared to the total Recognized Loss of all Authorized Claimants as set forth in the Rabe Declaration; and it is further ORDERED, that no further late-filed clai ms shall be accepted by the Claims Administrator or Plaintiffs' Co-Lead Counsel; and it is further ORDERED, that all persons involved in the review, verification, calculation, tabulation, or any other aspect of the processing of the Confirmation Forms submitted herein, or otherwise involved in the administration or taxation of the Supplemental Settlement Fund, are hereby released and discharged from any and all claims arising out of such involvement, and all Supplemental Settlement Class Me mbers, whether or not they receive payment from the Supplemental Settlement Fund, are hereby barred from making any further claims against the Supplemental Settlement Fund or Claims Administrator, or any other agent retained by the Class Plaintiffs o r Plaintiffs' Co-Lead Counsel in connection with the administration or taxation of the Settlement Fund beyond the amount allocated to Authorized Claimants; and it is further ORDERED, that checks payable to the Authorized Claimants for their sett lement distribution shall bear the notation CASH PROMPTLY, VOID AND SUBJECT TO REDISTRIBUTION IF NOT CASHED WITHIN 90 DAYS AFTER ISSUE DATE. Co-Lead Counsel and Rust are authorized to take appropriate action to locate or contact any Authorized Claima nt who has not cashed his, her or its distribution check within said time; and it is further ORDERED, that this Court retains jurisdiction over any further application or matter which may arise in connection with this Action. (Signed by Judge Victor Marrero on 3/14/2025) (jjc) Transmission to Finance Unit (Cashiers) for processing.
Notice to Court Regarding Proposed Order
***NOTICE TO COURT REGARDING PROPOSED ORDER. Document No. 1597 Proposed Order, was reviewed and approved as to form. (tp)
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