Www.CobbEmcSettlement.com – Cobb Electric Membership Corporation Class Action Lawsuit Settlement
The lawsuit is known as the In re Cobb EMC Class Action. The case number is 10:100353-48. You will be eligible to take part if you had the Cobb EMC membership before December 31, 2012. Heirs of deceased members may also benefit. The amount of the fund for this case is $98 million. This amount will also include the fees for the lawyers in this case. If you are eligible, you will get cash. this will be for the capital credit for 1988. Specifically for the first half. You will also get it for the second half up to December 31, 2012. You can get it in the form of a one time payment. Or you can get it over a period of 24.6 years. You will have to send in a claim form in order to be eligible. You can get more information on how to do this at the www.cobbemcsettlement.com site.
How much you can get will not be determined until after the notices are mailed out. You should get a notice if you are a member or a former member of Cobb EMC. You should get the notices by November 9, 2013. When you get your notice, you can contact the Settlement Administrator. You will get the contact information online. There are some deadlines that you need to adhere to in the Cobb Electric Membership Corporation Class Action Lawsuit Settlement. If you are filling out the claim form, you will have to send it in by February 10, 2014. You can find out about the other deadlines at the www.cobbemcsettlement.com site.
If you wish to retain your right to sue the company, then you will have to exclude yourself. In order to do this, you will have to send in a written request by January 10. 2014. Once you send in your request and it is accepted, you will not get anything out of this case. You will also not be able to submit a claim form or even object. Now you can object if you want to. You can do this by sending in a written request. The deadline for this is January 10, 2014. If you want to speak at the Final Approval Hearing, you will have to request it. You cannot just show up and expect to be able to speak. The Final Approval Hearing will be on February 25, 2014. You do not have to attend this if you do not want to.
Right now if you go to the Cobb Electric Membership Corporation Class Action Lawsuit Settlement website, you will be able to get some information but you will not be able to get all the information. Basically you will get all the relevant information that I have described above but you will not be able to get the claim form or even any detailed information. If you received the notice, that would be the best information that you can have so far. Once the claim form is made available on the site, you will be able to either download it or fill it out online. It will be your choice on how you want to deal with this.
In addition, you will be able to get information on the Settlement Administrator. You will get a phone number that you can call. Usually this is toll free number. However sometimes, it is not a toll free number. You will also be able to get information on the class counsel. These are lawyers that have been selected to represent the class members. If you are eligible to take part, then you are considered a class member. The address is usually given. Sometimes the phone number is also provided. So you can either write to them or call them. These days, hardly anyone ever writes. Most people would just pick up the phone and call. I would. However if you prefer to write, then you should.
You should check the official website for more information. They will update the site as they get more information. So you should check frequently as you do not want to miss any deadlines. Once the site is completely set up, there will also be an FAQ page where all your questions will be answered. This is where you should go first so that you do not waste anyone’s time in trying to answer a question that is already posted on the FAQ site.
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