Burley Tobacco Growers Cooperative Association Settlement

Settlement Structure: Claims Made

Active: Open

Case Summary:

In partial settlement of a class action, the Burley Tobacco Growers Cooperative Association will be dissolved, its assets sold, and the proceeds applied to its debts, with the remainder distributed to the members. The complaint alleged that the co-op had breached its duties to its members and no longer fulfilled a purpose. A Dissolution Committee, supervised by the court, will oversee the sale of its assets and the distribution of the proceeds. This is a partial settlement because it does not resolve all of the claims made in the lawsuit.

Docket Number:

20-CI-332

Company: Burley Tobacco Growers Cooperative Association

Filing Deadline: January 29, 2021

Objection Deadline: January 29, 2021

Final Approval Hearing: February 24, 2021

Proof of Purchase:

If you received a Notice for this case, you may be a member. You should confirm your membership and fill out a W-9 form at the website. If you did not receive a notice but think you may be a member, you should sign up at the membership confirmation page at the website and submit documentation, such as an FSA Form 578, a signed contract, bill of sale, check stub or bank deposit from a receiving station, or evidence of crop insurance. For more information see the Notice at https://angeion-public.s3.amazonaws.com/www.BTGCASettlement.com/docs/Burley+Tobacco+Notice+FINAL.pdf.

Eligibility:

You may be eligible if you were a landowner, operator, landlord, tenant, or sharecropper who grew burley tobacco in Indiana, Kentucky, Missouri, Ohio, or West Virginia during any of the 2015-2020 annual burley tobacco growing seasons.

Typical Settlement Amount:

Benefits: (1) $1.5 million to establish a tobacco liaison and advocacy nonprofit. (2) Equal portion of the net assets after the expenses and other amounts are paid, estimated to be $2,000 to $6,000 per class member. Payments may be made in installments, as assets are sold.

Total Settlement Amount: $28 million

Class Representative Proposed Incentive Fee:

$5000

Law Firm:
McBrayer, PLLC

Claim Form: Burley Tobacco Growers Cooperative Association Settlement Membership Confirmation Form and W-9

Case Name: Haynes Properties, LLC, et al. v. Burley Tobacco Growers Cooperative Association

Settlement Website: Burley Tobacco Growers Cooperative Association Settlement Website

Claims Administrator:
Angeion Group

Claims Administrator Contact Information:

BTCGA Settlement Administrator
1650 Arch Street
Suite 2210
Philadelphia, PA 19103

Tags: Organization Dissolution