Class Members: FAQ

CPT Group, Inc. is committed to providing you with easy access to information. Simply click on any of the following to get answers:

  1. What is a Settlement Administrator?

  2. How can I contact you?

  3. What is a class action lawsuit?

  4. How many people are needed for a class action suit?

  5. What are the benefits of a securities class action suit?

  6. What types of cases can be brought as class actions?

  7. How do I join a class action suit?

  8. What does it cost me to join a class action suit?

  9. Will the information I submit be kept confidential?

  10. I received a Notice but no Proof of Claim. When will I receive a Claim Form?

  11. Why did I receive more than one Notice and Claim Form?

  12. How long will the lawsuit take before it is resolved?

  13. How can I get confirmation that you received my Claim Form

  14. Will I be kept informed during the course of the litigation?

  15. What is the status of my claim

  16. What is a Settlement Notice?

  17. How much money will I receive?

  18. When will I get paid?

  19. Is my distribution taxable?

  20. I just received a Notice of Deficiency in the mail? What does this mean?

  21. What is a class period?

  22. Can I participate in more than one class action at a time?

  23. Where do I submit my completed Claim Form?

  24. What happens if I don't file my claim on time?

  25. How can I be excluded from the Class?

  26. I did not receive a Notice and Proof of Claim and Release in the mail. How can I obtain one?

  27. What is the Settlement Hearing and do I have to attend?

  28. Can I be bound by a settlement or judgment of a class action?

  29. What do I do if I don't have the type of documentation/proof requested by the Proof of Claim?

  30. I am a resident of a foreign country and do not have a U.S. Social Security or Taxpayer Identification Number. How should I complete these sections?

  31. How do I notify you of an incorrect address or address change?


Q. What is a Settlement Administrator?

A: Settlement Administrators are chosen by the courts to monitor the settlement process, accept claims and pay them out after the acceptance period ends and the settlement closes. They’re a vital element to the class action lawsuit settlement claim process.

Q. How can I contact you?

A: If you have your Class Notice, please call us at the toll-free number specified within. We can also be reached at the following toll-free number: 1-800-542-0900. If you are calling from outside the toll-free area, the telephone number for CPT Group, Inc. is (949) 852-8240. You may also direct correspondence by certified mail or some other method with proof of delivery. Please remember to always include your CPT Mailing List ID Number on any correspondence. Our mailing address is:

CPT Group, Inc.
50 Corporate Park
Irvine, CA 92606

Q. What is a class action lawsuit?

A: A class action is a suit brought by one or more plaintiffs on behalf of all similarly situated individuals or entities that have been harmed in a common way. In the United States federal courts, class actions are governed by Rule 23 of the Federal Rules of Civil Procedure.

Q. How many people are needed for a class action suit?

A: Although it sometimes helps if several people are named as plaintiffs in the suit, a single person is generally enough to file a lawsuit so long as the attorney for the class has a good-faith belief that a number of other people were injured in a similar way. It generally takes 30-50 people with similar claims, and sometimes many more, to qualify for a class action.

Q. What are the benefits of a securities class action suit?

A: A securities class action suit provides a considerable number of persons and institutions that purchased securities of a company the ability to litigate on a level playing field. Since large, well-funded corporations have huge resources to spend on defending claims brought by investors seeking to hold them accountable for alleged securities law violations, a class action allows many people who would never have brought an individual action to rely on a lead plaintiff to prosecute the case for them. In addition:

  • Class action legislation extends the limitation period before which an individual action must be filed.
  • Class actions place fewer obligations on class members than conventional lawsuits.
  • Class actions are cost effective and increase judicial efficiency because they unite several plaintiffs under one case.

Q. What types of cases can be brought as class actions?

A: Typically, a class action lawsuit involves a large group of people injured by the same conduct. CPT Group, Inc. has been a national leader in class action settlement administration for over 25 years. We are appointed by the courts to assume full responsibility for claims management, noticing, disbursement and other time-critical mailings. We handle many class action lawsuit types, for example:

  • Employment Class Actions: Brought on behalf of employees of a company for violations of the Labor Code (such as unpaid overtime, failure to provide breaks, safety violations and systematic workplace discrimination).
  • Consumer Class Actions: Brought when consumers are injured by a company’s systematic and illegal practices (such as illegal charges on bills, illegal penalties for late-payments and failures to comply with consumer protection laws).
  • Product Liability/Personal Injury Class Actions: Brought when a defective product (such as a drug with negative side effects) or ‘mass accident’ (such as a toxic spill) harms many people.
  • Securities Class Actions: Brought on behalf of a group of investors injured as a result of improper conduct (such as misstating earnings, concealing or misrepresenting risks, or otherwise engaging in activity detrimental to a company, partnership or individual investors).

Q. How do I join a class action?

A: Before certifying a class action, the court must conclude that there are too many class members for all to be named as individual parties in the lawsuit. Class members do not technically ‘join’ into the litigation, but decide to participate by not ‘opting-out’. A suit is sometimes filed as an ‘opt-in’ class action, so a claim or request-to-join form may be required. Under normal circumstances, the notice issued to class members in a suit for compensatory damages will indicate whether they need to take any action to participate. It should be noted that in a compensatory damages suit, any class member who does not ‘opt-out’ may be bound by litigation outcomes if it proceeds as a class action.

Q. What does it cost me to join a class action suit?

A: There are usually no costs associated with joining a class action lawsuit or a class action lawsuit settlement. Attorneys are not paid unless they win or settle a case, and said payment typically comes from the settlement fund.

Q. Will the information I submit be kept confidential?

A: All information submitted to CPT Group, Inc. is confidentially stored and will only be viewed by CPT Group, Inc. staff or the attorneys involved. Your information is not sold, leased or otherwise shared with any outside parties unless specifically noted when you submit it. Settlement Administrators across the country manage the actual record keeping of Class Action Settlements. We strive to maintain and achieve the confidentiality of all data/claims processing information submitted by claimants and affected class participants.

Q. I received a Notice but no Proof of Claim. When will I receive a Claim Form?

A: Because no claim forms exist at the time of the mailing, sometimes only a Notice is mailed to potential claimants. When the Claim Form becomes available, if one is being used, we will forward it immediately to all who received the notice.

Q. Why did I receive more than one Notice and Claim Form?

A: If you receive more than one Notice and Claim Form, your name likely appears on more than one of our lists in some slightly different form. Unless the Notice and Claim Form are correcting information from a previous mailing, to ensure you are properly compensated under the settlement, please submit all forms you receive.

Q. How long will the lawsuit take before it is resolved?

A: Since class actions are usually brought against large corporations and involve complex legal issues, they can sometimes take years to settle. Fortunately, class members have scant responsibilities while a claim is ongoing and are free to move on with their lives.

Q. How can I get confirmation that you received my Claim Form?

A: When you submit your Claim Form using Certified Mail, Return Receipt Requested, you will automatically receive a confirmation of receipt from CPT Group, Inc.

Q. Will I be kept informed during the course of the litigation?

A: You will be notified either by mail or e-mail of any significant developments during the course of the litigation. Also, your dedicated team at CPT Group, Inc. can be reached by e-mail, telephone or letter whenever you have questions or concerns. In addition, our Website is regularly updated with pertinent case developments and key claims processing milestones.

Q. What is the status of my claim?

A: Most of our cases are accessible via our Website, where you can check the status of your claim. Please be prepared to provide your name and the last four digits of your U.S. Social Security or Tax Identification Number. If you cannot access the Internet, feel free to call us at the toll free number printed on your Notice.

Q. What is a Settlement Notice?

A: A Settlement Notice is a written document describing settlement terms and outlining class member rights under that settlement.

Q. How much money will I receive?

A: The amount you receive will depend on numerous factors, including the size of the recovery and the duration/complexity of the litigation.

Q. When will I get paid?

A: Patience must be exercised when making a claim on a class action settlement. Once you make your claim, you must still wait for the claims period to end. When the period closes, the judge reviews the case and approves it for payment processing, and all submitted claims are formally reviewed by the claims administrator for validity (which can take 3-6 months). Then and only then are payments sent. On average, the entire process takes 1-2 years. Additionally, settlements are sometimes challenged by attorneys looking to change the terms or include themselves in it, or an objection is filed. This delays payment since it cannot be disbursed until all challenges are resolved.

Q. Is my distribution taxable?

A: Tax responsibility for any distribution depends on the type of settlement reached, and the treatment of the claimant's investments/activities regarding that claim. For example: Wage claims will be reported on an IRS Form W-2 and applicable State and Federal withholdings will apply. Please consult your tax advisor for any specific tax consequence that may apply to you.

Q. I just received a Notice of Deficiency in the mail? What does this mean?

A: During the claims processing stage, a claim may be deemed 'deficient' for any number of reasons. You should respond to the Notice of Deficiency immediately and provide any additional documentation required therein.

Q. What is a class period?

A: A 'class period' defines the timeframe during which injury or wrongdoing occurred. This period is initially determined by plaintiffs' counsel after extensive research and investigation. Sometimes the class period changes during the course of litigation based on additional information uncovered during the discovery process.

Q. Can I participate in more than one class action at a time?

A: Yes, even with separate class actions against the same company.

Q. Where do I submit my completed Claim Form?

A: Mail it, together with any required supporting documentation, to:

Claims Administrator
[Name of Litigation]
c/o CPT Group, Inc.
50 Corporate Park
Irvine, CA 92606

Remember, if you'd like an acknowledgement of receipt of your claim, please send it Certified Mail, Return Receipt Requested.

Q. What happens if I don't file my claim on time?

A: Unfortunately, you may be out of luck. Once a class action lawsuit settlement closes and pays out, you're going to have a tough time getting another attorney to take the case and try again. If you ever have any questions about the timing of your claim, simply call CPT Group, Inc.

Q. How can I be excluded from the Class?

A: Your request for exclusion must be received by the Claims Administrator by the set deadline and must include all of the following: your name, address and telephone number; and your wish to be excluded from the Class. If you submit a valid and timely request for exclusion, you have no rights under the Stipulation, shall not share in the distribution of the Net Settlement Fund, and will not be bound by the Judgment Release. Unless otherwise instructed, mail your exclusion request to:

Claims Administrator
[Name of Litigation]
c/o CPT Group, Inc.
50 Corporate Park
Irvine, CA 92606

Q. I did not receive a Notice and Proof of Claim and Release in the mail. How can I obtain one?

A: These materials can be requested by mail, email, fax, or directly from this Website. Please call us at 1-800-542-0900 with questions.

Q. What is the Settlement Hearing and do I have to attend?

A: The Court has scheduled a hearing to consider the fairness, reasonableness and adequacy of the proposed Settlement and to consider the request of plaintiffs' counsel for the award of attorney's fees and expenses. It is not necessary for a claimant to appear at the Hearing. The Class will be represented by the plaintiffs' counsel.

Q. Can I be bound by a settlement of judgment of a class action?

A: Yes. If the constitutional and procedural protections required for fairness are met in the underlying action, all absent class members are bound to the judgment or settlement of the case. However, if the action is primarily for compensatory damages, absent class members are entitled to notice and an opportunity to ‘opt-out’ from proceedings. If an individual opts-out, they are not bound by any judgment or settlement of the class action.

Q. What do I do if I don't have the type of documentation/proof requested by the Proof of Claim?

A: You can still file a claim even if you lack the requested documentation. You may receive a letter from CPT Group, Inc. stating that your claim is deficient, and you will be given time to fully complete the Claim Form. If your Claim Form remains incomplete, however, your claim may be rejected and you may be excluded from participating in the settlement fund.

Q. I am a resident of a foreign country and do not have a U.S. Social Security or Taxpayer Identification Number. How should I complete these sections?

A: Simply leave those sections blank in the form, or write zeros in place, and CPT Group, Inc. will determine that those sections do not apply to you. Be prepared to complete a W-8BEN form, which you can find on the U.S. Internal Revenue Service's Website: www.irs.gov.

Q. How do I notify you of an incorrect address or address change?

A: You can fax your address correction/change information directly to (949) 419-3446, or send written correspondence to:

Claims Administrator
[Name of Litigation]
c/o CPT Group, Inc.
50 Corporate Park
Irvine, CA 92606

Please include the following information in your written correspondence:

  1. Case Name
  2. Your Name
  3. CPT ID (if known)
  4. Old address
  5. New address
  6. Phone Number
  7. Signature and Date