COVID-19 UPDATE: Trilogy Class Action Services has closed the office until further notice due to the lockdown imposed in Ontario. All staff continue to work from home. Please be patient as we are returning calls and emails within 24-72 hours during this period. Please take care of yourself and others.
The purpose of this section of the website is to help you understand why you may not receive 100% payout of your Maximum Entitlement as calculated on your Claim Form and the Pro Rata Distribution payment you will receive.
Class or Class Members means:
Authorized Claimant means any Class Member who has been approved for compensation by the Administrator.
Claimant means a Class Member who submitted a properly completed Claim Form and all required supporting documentation to the Administrator in the online claims administration portal, on or before the Claims Bar Deadline;
Compensation Fund means the Settlement Amount less Class Counsel Fees, Administration Expenses and other expenses decided by the Court, as allocated between the Primary Market Sub-Class and Secondary Market Sub-Class;
Distribution means payment to Authorized Claimants in accordance with this Plan of Allocation, the Agreement and any order of the Court;
Distribution List means a list containing the name and address of each Authorized Claimant, the calculation of his/her/its net loss and the calculation of the Authorized Claimant's pro rata share of the Compensation Fund;
Eligible Securities means TSGI's securities held by the Class Members that are the basis for inclusion in the Primary Market Sub-Class or Secondary Market Sub-Class, as determined using the LIFO method of calculation.
Maximum Entitlement means an Authorized Claimant's actual loss on Eligible Securities, as calculated pursuant to the formula set forth in section 7 herein;
Pro Rata Distribution means the Distribution to each Authorized Claimant will be calculated by the Administrator by allocating the Compensation Fund to the Primary and Secondary Markets and then by dividing the Compensation Fund in each sub-class by the total number of Eligible Securities for all Authorized Claimants in each Sub-Class to arrive at a per Eligible Security distribution amount.
© 2021 Trilogy Class Action Services. All rights reserved.
The content on this website is provided for general information purposes only and does not constitute legal or other professional advice or an opinion of any kind. Users of this website are advised to seek specific legal advice by contacting members of the firm(s) located on the Contact Page (or their own legal counsel) regarding any specific legal issues. Trilogy Class Action Services does not warrant or guarantee the quality, accuracy or completeness of any information on this website. The articles published on this website are current as of their original date of publication, but should not be relied upon as accurate, timely or fit for any particular purpose.
|Amaya Securities Class Action Settlement | Site Map