What is a class action settlement?
What is a Class Action Settlement? A class action settlement is reached when both parties in a class action lawsuit have decided that they no longer want to continue litigating the allegations in the class action lawsuit and want to settle the lawsuit, typically with a monetary benefit to the Class.
What is CFK*PF rewards on my credit card statement?
I see a charge from them on my credit card statement. CFK*PF REWARDS is the abbreviation for PeopleFinders Rewards, which is offered as a complementary add-on to our other memberships. (CFK stands for Confi-Chek, Inc., which is PeopleFinders' parent company.)
What is a settlement conference?
A settlement conference is a less formal process and takes less time to resolve a case than a lawsuit or trial. A settlement conference is held either in the conference room or in the judge’s chamber under the control of a jury.
How does the settlement of NCSC securities take place?
The settlement of transactions in NCSC securities takes place through the Creation platform, on technically and legally independent six-series accounts which are governed by German law and CBF’s General Terms and Conditions. This also applies to NCSC securities executed on German stock exchanges.
What is a Class Action Settlement?
A class action settlement is reached when both parties in a class action lawsuit have decided that they no longer want to continue litigating the allegations in the class action lawsuit and want to settle the lawsuit, typically with a monetary benefit to the Class.
Filing a Claim & Proof of Purchase
Typically, Class Members will be required to file a claim with the Settlement Administrator if they hope to benefit from the class action settlement. In some cases, Class Members will be required to provide proof of purchase in order to benefit or at least to receive the maximum benefit available.
Important Deadlines
Claim Form Deadline: This is the last day in which a claim can be filed online or postmarked if sending via regular U.S. mail.
What is OTC settlement?
The settlement of stock exchange trades and OTC transactions in registered shares through transfers of positions and entries or re-registrations in the share ledger of the issuer or the share ledger manager.
How does NCSC settlement work?
The settlement of transactions in NCSC securities takes place through the Creation platform, on technically and legally independent six-series accounts which are governed by German law and CBF’s General Terms and Conditions. This also applies to NCSC securities executed on German stock exchanges. For the settlement of these transactions, customers submit their instructions directly to the Creation platform via their preferred connectivity CreationConnect connectivity channel.
What is CASCADE in CBF?
CBF’s settlement system, CASCADE, provides a highly efficient platform for the settlement of transactions in German as well as foreign and international securities that are eligible for collective safe custody (CSC). CASCADE covers the entry and processing of instructions for all parts of the settlement process including:
What is CASCADE in securities?
CASCADE covers the entry and processing of instructions for all parts of the settlement process including: Transfers of securities. Administration of securities. Matching of free and against payment instructions. Settlement of transactions through transfer of cash and securities.
Does CBF have a safe custody service?
CBF maintains links with numerous CSDs outside Germany which allows securities kept with these CSDs to be included in its collective safe custody service. For the settlement of securities transactions between CBF’s customers and customers of CSDs, there are technical links between the CASCADE platform and the settlement platforms of the CSDs in question.
What is settlement check?
A settlement check refers to an amount of money that you expect to receive in the form of a check following the resolution of a lawsuit.
What is the next step in a settlement?
Once both parties have reached a settlement, the next step is to submit the settlement to the court and obtain a settlement order.
How to settle a case?
To settle a case, you’ll generally need to sign a settlement agreement and release so the defendant or insurance company makes a deposit in your attorney’s escrow account who will then need to pay you in return
Why does a defendant accept to pay the plaintiff?
The reason why a defendant (or party to a lawsuit) accepts to pay the plaintiff (or the injured party) a sum of money compensating it for damages and , in return, gets the plaintiff to dismiss the lawsuit.
When a claim is filed against an insurance company, can you expect to receive a check for the settlement?
When a claim is filed against an insurance company, you can also expect to receive a check for the settlement of the claim.
What is the first step to get a settlement check?
For you to receive a settlement check, you must first be in a legal proceeding of some form such as a motor vehicle accident claim lawsuit, personal injury lawsuit, medical malpractice lawsuit, defective product lawsuit, or any other type of legal action.
How long does it take for a settlement order to be issued?
It may take between 30 days to 60 days for the settlement order to be issued from the court.
The procedure of a settlement conference
Both the parties in a settlement conference will provide a brief background about the dispute to the judge so they can help in resolving the case. The judge will then meet the attorneys of the parties separately and listen to their part of the case. This section of the settlement conference is not always attended by the parties themselves.
Purpose of a settlement conference
The main purpose of a settlement conference is to save the cost and time of both the parties and the court by encouraging them to reach an out-of-court settlement and avoid going for a trial.
Who manages the settlement conference?
The settlement conference is conducted by the provincial court judge. However, if the judge couldn’t reach the settlement in a lawsuit, then a trial judge will hear the case who will not be the same who heard the case at a settlement conference.
Why are settlement conferences required?
Settlement conferences are good to settle small claims issues and lawsuits that don’t require open court hearings or trial dates. Except for the cases where the motor vehicle accidents caused property damage.
What is this Settlement about?
This settlement, arising from a class action antitrust lawsuit called In re: Blue Cross Blue Shield Antitrust Litigation MDL 2406, N.D. Ala. Master File No. 2:13-cv-20000-RDP (the “Settlement”), was reached on behalf of individuals and companies that purchased or received health insurance provided or administered by a Blue Cross Blue Shield company. Class Representatives (“Plaintiffs”) reached a Settlement on October 16, 2020 with the Blue Cross Blue Shield Association (“BCBSA”) and Settling Individual Blue Plans. BCBSA and Settling Individual Blue Plans are called “Settling Defendants.”
How do I participate in the Settlement?
To make a claim and receive a payment, you must file a claim form online or by mail postmarked by November 5, 2021. Claims may be submitted online or by mail to:
What is a settlement with Blue Cross Blue Shield?
Class Representatives (“Plaintiffs”) reached a Settlement on October 16, 2020 with the Blue Cross Blue Shield Association (“BCBSA”) and Settling Individual Blue Plans. BCBSA and Settling Individual Blue Plans are called “Settling Defendants.”. Plaintiffs allege that Settling Defendants violated antitrust laws by entering into an agreement not ...
Who decides whether to approve a settlement?
The Court in charge of this case still has to decide whether to approve the Settlement. Payments will be made if the Court approves the Settlement and after any appeals are resolved. Please be patient.
How did settlement defendants violate antitrust laws?
Plaintiffs allege that Settling Defendants violated antitrust laws by entering into an agreement not to compete with each other and to limit competition among themselves in selling health insurance and administrative services for health insurance. Settling Defendants deny all allegations of wrongdoing and assert that their conduct results in lower healthcare costs and greater access to care for their customers. The Court has not decided who is right or wrong. Instead, Plaintiffs and Settling Defendants have agreed to a Settlement to avoid the risk and cost of further litigation.
