STorefront Payday pays a cool $10.95 million http://biz.yahoo.com/e/090929/aea8-k.html
Pursuant to the Settlement Agreement, the Company will pay the lesser of (1) $10.95 million or (2) actual claims made plus plaintiff’s attorney fees, administrative costs, and other costs associated with the litigation. If claims made plus covered fees and costs exceed $10.95 million, then individual claim amounts will be reduced on a pro rata basis.
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STorefront Payday pays a cool $10.95 million
http://biz.yahoo.com/e/090929/aea8-k.html
Pursuant to the Settlement Agreement, the Company will pay the lesser of (1) $10.95 million or (2) actual claims made plus plaintiff’s attorney fees, administrative costs, and other costs associated with the litigation. If claims made plus covered fees and costs exceed $10.95 million, then individual claim amounts will be reduced on a pro rata basis.