Erisa settlement payout?

Discussion in 'Merck' started by Anonymous, Jan 6, 2012 at 12:12 PM.

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  1. Anonymous

    Anonymous Guest

    Has anyone heard when the Erisa Lawsuit settlement payout will be? I did see that the case is settled and closed.
     

  2. Anonymous

    Anonymous Guest

    I believe the settlement occurred 11/29/11 and Merck had 90 days for payout, which would indicate a timeframe of 2/29/12.
     
  3. Anonymous

    Anonymous Guest

    Isn't it $10,000 per class-action member?
     
  4. Anonymous

    Anonymous Guest

    I read on the Erisa website the payout is in April 2012 (right now), but I thought the amount was based on how much you invested, not a flat rate per person
     
  5. Anonymous

    Anonymous Guest

    I think you are correct. I think the $10,000 was the extra amount that the leaders of the lawsuit are entitled to.
     
  6. Anonymous

    Anonymous Guest

    Think the settlement was approved May 17th, 2013 and now two years later and not one employee has seen a payout?????!!!!!!???? Some one took the $2mil and ran...
    Anyone have further insight... Anytime you call they say not calculations or determinations are done..????
     
  7. Anonymous

    Anonymous Guest

    I got my $10 k payout a long time ago. Did you not have a lawyer to follow up? You need a little arm twisting.
     
  8. Anonymous

    Anonymous Guest

    I received $23500 several years ago.
     
  9. Anonymous

    Anonymous Guest

    For what a Mental Retardation disability settlement
    or for manning that glory hole Q bait