10) HOW MUCH WILL MY PAYMENT BE?
Direct Purchaser Settlement Class Members who file valid claims will receive their pro rata share of the Net Settlement Fund based on: (1) the Direct Purchaser Settlement Class Member’s eligible purchases of Alum; (2) the total money available to pay all claims; (3) the total dollar value of all valid claims submitted; and (4) the cost of settlement administration and notice and the Court-awarded attorneys’ fees, expenses and Case Contribution Awards (see Question 16 below). In other words, the Net Settlement Fund shall be allocated on a pro rata basis based on the total dollar value of each Direct Purchaser Settlement Class Member’s eligible purchase(s) of Alum in proportion to the total dollar value of all valid claims submitted.
Interim DPP Lead Counsel’s proposed plan for distributing the Net Settlement Fund to Direct Purchaser Settlement Class (“Plan of Distribution”) will be presented to the Court with its papers in support of final approval of the Settlement. Details about the proposed Plan of Distribution will be available at www.liquidaluminumdirectsettlement.com starting no later than October 17, 2019.
Important! Direct Purchaser Settlement Class Members who exclude themselves in accordance with Question 13 below will not be able to share in the distribution from the Net Settlement Fund.