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20 State Multi District Settlement
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<blockquote data-quote="bacha29" data-source="post: 2373292" data-attributes="member: 58386"><p>UPDATE: After considerable delay I managed to get through to the settlement administrator regarding the proposed settlement. If anyone is considering challenging the number of qualifying weeks you have to get a copy of that information from FedEx. If you plan to challenge the weekly dollar amount , I asked the administrator for a copy of the formula used to determine that amount. They said that they would get back to me. Yeah right. There are two key issues. The fact that the guys in the 20 states are getting barely one fourth the CA weekly amount and the fact that they are going to lump it into one year taxed as ordinary income. The claimants are clearly deserving of knowing what formula was used to determine the final weekly amount and how much was a reimbursement for taxes and insurance the contractor paid years earlier</p><p>and the years to which it was applied. I read language in the actual proposed formal agreement that will be presented to the judge that indicates that the claimants are entitled to that information. Clearly the plaintiffs counsel wasn't looking for justice for their clients but just to do it in a manner that assured that they would get money for themselves.</p></blockquote><p></p>
[QUOTE="bacha29, post: 2373292, member: 58386"] UPDATE: After considerable delay I managed to get through to the settlement administrator regarding the proposed settlement. If anyone is considering challenging the number of qualifying weeks you have to get a copy of that information from FedEx. If you plan to challenge the weekly dollar amount , I asked the administrator for a copy of the formula used to determine that amount. They said that they would get back to me. Yeah right. There are two key issues. The fact that the guys in the 20 states are getting barely one fourth the CA weekly amount and the fact that they are going to lump it into one year taxed as ordinary income. The claimants are clearly deserving of knowing what formula was used to determine the final weekly amount and how much was a reimbursement for taxes and insurance the contractor paid years earlier and the years to which it was applied. I read language in the actual proposed formal agreement that will be presented to the judge that indicates that the claimants are entitled to that information. Clearly the plaintiffs counsel wasn't looking for justice for their clients but just to do it in a manner that assured that they would get money for themselves. [/QUOTE]
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