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Replies to post #109681 on Protagenic Therapeutics Inc. (PTIX)
Old Hillbilly
07/04/12 9:34 AM
#109693 RE: 10452km2 #109681
9. I believe that I should have received a larger payment. I question the amount I received. What can I do? All accepted claims are being paid a proportionate share of the Net Settlement Fund based on the amount that their “Recognized Claim” relates to the total of all Recognized Claims of all accepted claimants. The total Recognized Claim of all accepted Claimant is approximately $493 million, and the Net Settlement Fund is approximately $112 million. Accordingly accepted claimants are being paid about 22% of their Recognized Claim amount. You may calculate your Recognized Claim in accordance with the Plan of Allocation that appears beginning at page 12 of the Notice. Note that the Recognized Claim is not the same thing as out-of-pocket loss. If you think you received less than 22% of the amount of your Recognized Claim, you can request a statement showing how your Recognized Claim was calculated. Requests for the calculation should include your name and claim number (as shown on your payment stub) and should be mailed to the following address: Tag-It Class Action Settlement c/o Rust Consulting, Inc. PO Box 2224 Faribault, MN 55021-1624 If after having seen the calculation, you think your Recognized Claim amount is incorrect, you may send us a letter indicating whatever mistake you think was made, and showing your calculation of a larger Recognized Claim from your transactions, under the formulas provided by the Plan of Allocation. http://www.tag-itclassactionsettlement.com/PDFs/FAQs.pdf