Robbins Geller Rudman & Dowd LLP and Zwerling, Schachter & Zwerling, LLP Announce a Proposed Partial Settlement of Lincoln Adventures, LLC, et al. vs. Those Certain Underwriters at Lloyd’s, et al
IF YOU PURCHASED INSURANCE THROUGH CERTAIN SYNDICATES AT LLOYD'S,
A proposed partial class action settlement has been reached with some, but not all, of the Lloyd's Syndicates who are Defendants in the case and sold insurance to policyholders in
The Syndicates that have settled are Syndicate Nos. 0033, 0102, 0382, 0435, 0570, 0609, 0623, 0958, 1183, 1886, 2001, 2623, and 2987 (the "Settling Defendants"). The Syndicates who are Defendants in the case, but who have not settled, are Syndicate Nos. 0510, 0727, 1003, 1084, 1096, 1245, 2003, 2020, 2488, and 2791 (the "Non-Settling Defendants"). The case will continue to be litigated against the Non-Settling Defendants.
WHAT ARE YOUR LEGAL RIGHTS AND IMPORTANT DEADLINES?
If you do not want to be legally bound by the Settlement, you must exclude yourself in writing from the Class by
There is a Fairness Hearing scheduled on
A NOTICE OF INTENTION TO APPEAR MUST BE RECEIVED BY THE COURT AND THE COUNSEL IDENTIFIED BELOW NO LATER THAN
If the Court approves the Settlement, then the Settling Defendants will be dismissed from the case. Class members who have not properly requested exclusion from the Class will be deemed to have released the Settling Defendants from all claims related to the case and will not be able to sue the Settling Defendants for any of the conduct that was the subject of the case. The full text of the Release is set forth in the Long-form Notice at www.SyndicateSettlement.com.
WHO IS INCLUDED IN THE CLASS?
The Settlement affects members of the Class, which are, with certain limited exceptions, all persons and entities in
WHAT DOES THE SETTLEMENT PROVIDE?
The Settling Defendants have agreed to make separate payments to settle the claims against them. The total amount of these payments is
WHO WILL RECEIVE A PAYMENT?
Payments to Class members will be according to the Plan of Allocation, which is included in the Long-form Notice at www.SyndicateSettlement.com. To receive a payment, Class members must submit a Claim Form by
HOW DO I RECEIVE A PAYMENT FROM THE SETTLEMENT?
To be eligible for a payment, a Class member must submit a Claim Form on or before
WHO ARE THE ATTORNEYS FOR THE CLASS AND THE SETTLING DEFENDANTS?
The Attorneys for the Class are: |
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ZWERLING, SCHACHTER |
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The Attorneys for the Settling Defendants are: |
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HOW CAN I OBTAIN ADDITIONAL INFORMATION?
If you think that you may be a Class Member, you can obtain more information, including a copy of the Long-form Notice, the Claim Form, the Settlement Agreement, and other documents relating to the Settlement.
PLEASE DO NOT CONTACT THE COURT OR THE CLERK
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