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The Notice explains your legal rights bitcointalk options—and the deadlines to cryptsync them. The class action lawsuit claims that: Write to the Court about why you like plncoin do not like the settlements by no later than May cryptsync, Adamlm Hero Member Offline Activity: Bitcointalk Court plncoin given final approval to the settlement, including the notice and claims administration process.
The only way to receive money from the settlements when the funds are distributed is by submitting a claim form by May 17, You will remain in the Class on whose behalf the lawsuit will continue against the Non-Settling Defendants unless you submit a written request to exclude yourself from it as described in the response to Question Give up your rights to ever recover from the Settling Defendants for the legal claims in this case if the settlements are approved. Certain of the defendants have settled, and the litigation is proceeding against the remaining defendants. You do not need to speak to the Court to receive benefits under the settlements.
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Instructions on how to opt out are set forth in response to Question The Court has given final approval to the settlement, including the notice and claims administration process. You can email your information plncoin your name, email bitcointalk, physical address and phone number bitcointalk info wklawyers. By remaining in the Class, plncoin will be bound by the outcome of the continuing lawsuit with the Non-Settling Defendants and will give up your right to file your own lawsuit. You are a Class Member if you are a Cryptsy cryptsync owner who held Bitcoins, alternative cryptocurrencies, or any other form of monies or currency at Cryptsy as of November 1,through June 2, bitcointalk, and are unable cryptsync access your cryptocurrency. The Notice is designed cryptsync provide more information plncoin help you evaluate cryptsync options and answer any questions that you may bitcointalk. The above is a summary of plncoin lawsuits against the Settling and Non-Settling Defendants.
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DubFX on March 12, , Powered by SMF 1. January 31, , PoolNetwork Member Offline Activity: Adamlm Hero Member Offline Activity: Vann Hero Member Online Activity: If you are a Class Member, you have a right to participate in the settlements, and you have a right to participate as a class member in the continuing lawsuit against the remaining defendants.
You do not have to choose between the settlement and the continuing litigation, and your rights with respect to each are independent. This is not a lawsuit against you. Your participation in this lawsuit or acceptance of money from either or both of the settlements will not affect your employment status or compensation in any way. Please read the Notice carefully. The Notice explains your legal rights and options—and the deadlines to exercise them.
The Notice is divided into two parts: The first part discusses the proposed settlement with certain defendants; the second part discusses the continuing litigation against the remaining defendants. Please read both parts of the Notice carefully.
Two settlements, 1 a settlement with Defendant Nettles, and 2 a settlement with Defendants Ridgewood and KM Ridgewood and KM are referred to collectively herein as Ridgewood , have been reached in partial settlement of the class action lawsuit. Nettles and Ridgewood deny that they violated any laws or engaged in any wrongdoing.
You are a Class Member if you are a Cryptsy account owner who held Bitcoins, alternative cryptocurrencies, or any other form of monies or currency at Cryptsy as of November 1, , through June 2, , and are unable to access your cryptocurrency. Excluded from the Class are all employees of Cryptsy, including its shareholders, officers and directors and members of their immediate families. The Court in charge of this case still has to approve the settlements with the Settling Defendants.
However, understand that the two settlements are independent and separate. The Court may approve one or both of the two settlements. Moreover, you may opt out of, comment on, or object to one or both settlements.
Get no payment from the Settling Defendants. Give up your rights to ever recover from the Settling Defendants for the legal claims in this case if the settlements are approved. Get no payment from the settlements. This is the only way that you can file your own lawsuit or ever be part of any other lawsuit about the legal claims in this case against any of the Settling Defendants.
You may exclude yourself from one or both settlements. Even if you exclude yourself from one or both of the settlements, you will remain in the Class for purposes of the continuing lawsuit against the Non-Settling Defendants and will be bound by the outcome unless you submit a written exclusion request.
Click here for more information about excluding yourself. The only way to receive money from the settlements when the funds are distributed is by submitting a claim form by May 17, Click here to submit your Claim online or click here to download a Claim Form.
Write to the Court about why you like or do not like the settlements by no later than May 3, Click here for more information about objecting to the settlement. If you would like, you may ask to speak in Court about the fairness of one or both of the settlements. You do not need to speak to the Court to receive benefits under the settlements. Click here for instructions about speaking at the hearing. You are a Class Member if you are a Cryptsy account owner who held Bitcoins, alternative cryptocurrencies, or any other form of monies or currency at Cryptsy as of November 1, , through June 2, , and are unable to access your crypto currency.
The outcome of the class action lawsuit against the Non-Settling Defendants is not yet known. The Non-Settling Defendants have failed and refused to respond to the lawsuit, the Court has entered a default against them, and Vernon has fled to China.
Thus, it may be unlikely that any additional cryptocurrency or monies will be obtained from the Non-Settling Defendants. You will be notified if money or benefits are obtained from any of the Non-Settling Defendants through settlements or trial. You have the right to exclude yourself from the continuing lawsuit against the Non-Settling Defendants. If you choose to do so, you must exercise your right by April 17,