I read in a filing of JPMC that of the $ 9 Million in Cash that was alloted to be paid out to the LTW Holders $ 8.07 M has been paid out.
First, the Attorney Fees of about $ 4.12 M had to be paid for from the $ 9 M - and which left about $ 4.88 M in Cash to be distributed to the LTW Holders.
The $ 930,000 of the $ 9 M that has not been paid out equals 19 % of the $ 4.88 M in Cash available to be distributed to the LTW Holders.
Which means that about 19 % of the LTW Holders did not " opt in ".