WHEN WILL I GET MY MONEY?
Since the claims period ended on June 23, 2015, the lawyers and the claims administrator have been working hard to process the over 1 million claims received.
$20 SIMPLIFIED CLAIMS
All those who filed $20 Simplified Form Claims have been sent a decision notice by the claims administrator approving or rejecting their claim.
Over 880,000 Simplified Form Claims for $20 were approved for payment by the Courts and cheques were mailed out to those approved claimants at the end of 2015.
The cheques sent will become stale-dated on June 11, 2016. Persons who have not cashed their cheque by that date will not be issued new cheques.
ALL OTHER STANDARD FORM CLAIMS
All those who filed Standard Form Claims have been sent a decision notice by the claims administrator approving or rejecting their claim.
The Standard Form Claims have not yet been approved for payment by the Courts, but this approval is expected to occur in May 2016 with the mailing of cheques to follow shortly thereafter.
Need more information? Review the facts about the class action and the claims process or contact the claims administrator www.themoneyismine.ca.