October 15, 2024 - Message from the Receiver

Message from the Receiver – October 15, 2024

Due to the number of potential claims in this matter and the need to verify each claim individually, the process of collecting and verifying information to be presented to the Court will take some time.  In addition, the time it takes to distribute funds will be affected by a number of factors not in my control.  I assure you, however, my staff and I will work expeditiously and diligently to ensure this process moves as quickly as possible. 

Please be advised that no distribution will occur until the United States District Court acts upon a to be submitted plan for claims administration and distribution of proceeds and subsequently approves a schedule of allowed claims and authorizes a distribution of proceeds.  If you so elect, you will have the right to appear before the United States District Court to contest the process and the specific amount to be awarded.  You will receive adequate notice of all matters before the Court that affect your claim.  If you have any questions, or should you have a change of address, email the Receiver’s office at investor@receiverfip.com or call (864) 271-8200.