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CD Settlement - The Check is in the Mail? Print E-mail
Thursday, 13 March 2003 12:53

Now that the registration deadline has passed, how much are you going to get from the CD price-fixing settlement?

If Judge D. Brock Hornby signs off on the deal, those who registered will receive $12.60 each. The judge is expected to sign off on the settlement on May 2. Roughly 3.5 million people registered for their share of the $44 million in settlement funds.

A huge number of people signed up for their share at the last minute, causing the settlement's web site to crash. More than 95 percent of all claims were filed online.

Further detailas are available in the AP News story.

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