Many victims of the BP oil spill have elected to opt-out of the Deepwater Horizon Economic and Property Damages Class Action Settlement and the Deepwater Horizon Medical Benefits Class Action Settlement. These victims wisely decided not to be held as class action hostages by settlements which will never adequately compensate them for their losses.
The opt-out deadline for the Deepwater Horizon class action settlements is November 1, 2012. After that date, the game is over; BP has won, BP oil spill victims who do not opt-out are left out in the cold, and the PSC and other “common benefit” attorneys are extremely well-compensated.
Click here to read the entire article.
Click here to read the PSC’s INCOMPREHENSIBLE Reply in Response to Objections and in Further Support of Final Approval of the E&PD Class Settlement (Dated: October 22, 2012).
HOW TO OPT-OUT
Not surprisingly, the Class Action Settlement Notices do not provide “Class Members” with an “Opt-Out” form. Furthermore, the information required to properly opt-out of the Medical Benefits Class Action Settlement, and the mailing address to where the opt-out notice must be sent, differs from the information required and the mailing address to properly opt-out of the Economic and Property Damages Class Action Settlement.
Click here to download a sample Deepwater Horizon Economic and Property Damages Class Action Settlement Opt-Out Notice.
Click here to download a sample Deepwater Horizon Medical Benefits Class Action Settlement Opt-Out Notice.