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Current and Former Flue-Cured Tobacco Growers in the Southeast and Their

Family Members or Representatives

Could Get Money From a $24 Million Settlement

Update - March 2, 2018

The United States District Court for the Eastern District of North Carolina has approved the class action settlement. Any class member seeking relief must submit a Group 1 claim, a Group 2 claim, or claims under both Group 1 and Group 2 no later than May 26, 2018. Those excluded from the Settlement Class are identified in the opt-out list attached to the Amended Final Judgment as Exhibit A. The settlement website describes how to submit claims.  You can view the Amended Final Judgment by clicking HERE.

Summary

A $24 million Settlement has been reached with U.S. Tobacco Cooperative, Inc. (“U.S. Tobacco”), formerly known as Flue-Cured Tobacco Cooperative Stabilization Corporation, to resolve claims made by current and former U.S. Tobacco members over reserve funds.

Generally, anyone who was a shareholder or member of U.S. Tobacco anytime between June 1, 1946 and September 13, 2017, or their heir or legal representative, is eligible for a payment from the Settlement.

The Settlement stems from a lawsuit that claims U.S. Tobacco: (1) accumulated funds over the years through members who may now claim portions of those funds and (2) no longer served its purpose once the Tobacco Price Support Program ended.  Although U.S. Tobacco denies these claims and that it is required to distribute any money, it has agreed to do so in this Settlement.

The Settlement will pay those included, attorneys’ fees and expenses, and an incentive payment to the individuals (i.e., class representatives) who brought the case and helped negotiate the Settlement.

File a claim form now to request a payment.

To learn more about your right to receive benefits or how to object or exclude yourself from the Settlement, read the Long Form Notice

                 Your Legal Rights and Options in This Settlement

Submit Claim

The only way to get a payment.  You can get a claim form HERE.

Deadline

May 26, 2018

Exclude Yourself

Exclude yourself from the Settlement, if you do not want to be legally bound by it.  Get no payment.  This is the only option that allows you to participate in any other lawsuit against U.S. Tobacco about the claims in this case.

Deadline

December 20, 2017

Object

Write to the Court about why you don’t like the Settlement.

Deadline

December 20, 2017

Go to Hearing

Ask to speak in Court about the fairness of the Settlement.

Deadline Notice of Appearance

January 5, 2018

 

Hearing

January 19, 2018 at 10:00 a.m.

Do Nothing

Get no payment.  Give up rights.

Please do not contact the Court.  You may refer to the Commonly Asked Questions page or Long Form notice on this site, or call 1-866-458-3207 if you have additional questions.

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