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In case you bought farmed Atlantic salmon or merchandise derived from it straight from a number of Defendants between April 10, 2013 and Might 26, 2022, chances are you’ll be affected by a category motion settlement.

SEATTLE, June 6, 2022 /PRNewswire/ —

JND Authorized Administration Broadcasts Proposed Settlement in In Re: Antitrust Litigation Over Farmed Salmon and Salmon Merchandise, Grasp File No. 19-21551-CVALONAGA. The Courtroom accountable for this case is america District Courtroom for the Southern District of FloridaMiami Division (the “Courtroom”).

Plaintiffs Euclid Fish Firm; Euro USA Inc.; the Schneider Seafood Company; and The Fishing Line LLC—sued on behalf of a proposed Class. The businesses they sued are referred to as the Defendants and embrace Mowi ASA (previously often known as Marine Harvest ASA), Mowi USALLC (previously often known as Marine Harvest USALLC), Mowi Canada West, Inc. (previously often known as Marine Harvest CanadaInc.), and Mowi Ducktrap, LLC (an assumed identify for Ducktrap River of Maine, LLC); Grieg Seafood ASA, Grieg Seafood BC Ltd., Grieg Seafood North America Inc. (previously often known as Ocean High quality North America Inc.); greek seafood USAInc. (previously often known as Ocean High quality USA Inc.), Grieg Seafood Premium Manufacturers, Inc. (previously often known as Ocean High quality Premium Manufacturers, Inc.); Sjór AS (previously often known as Ocean High quality AS); SalMar ASA; Lerøy Seafood AS and Lerøy Seafood USA Inc.; and Cermaq Group AS, Cermaq US LLC, Cermaq Canada Ltd. and Cermaq Norway AS.

Who’s a part of the Settlement Class?

You’re a Settlement Class Member in case you or your organization bought farmed Atlantic salmon or merchandise derived from it straight from a number of of the Defendants between April 10, 2013 Y Might 26, 2022. Excluded from the Class Settlement are the Courtroom and its employees and Defendants and their mother and father, subsidiaries, or associates.

What is that this case about?

Plaintiffs allege that Defendants conspired to repair, improve, and keep the costs that direct consumers paid for Defendants’ farm-raised Atlantic salmon and that, because of this, Class members paid greater than they in any other case would have paid. one other means. The defendants deny all claims and have asserted a lot of defenses. The Courtroom has not determined who is correct. Plaintiffs and Defendants have reached a proposed Settlement to keep away from the uncertainties, dangers, and prices of additional litigation.

What does the Settlement present?

If the Settlement is accepted, Defendants can pay a full Settlement Quantity $85,000,000.00 right into a Settlement Fund to pay authorized charges (to not exceed 30% of the Settlement Quantity) and litigation prices; the price of discover, administration, and distribution of proceeds from the Settlement (estimated at roughly $75,000), in addition to pay affordable Service Awards to every of the 4 Class Representatives for his or her work on the case, if permitted by the Courtroom. The rest of the Settlement Quantity will likely be accessible for distributions to Settlement Class Members. Settlement Class Members who file a declare will obtain their prorated distribution by way of verify primarily based on the variety of claims and the amount of commerce represented in these claims. Utilizing a web based portal, Settlement Class Members will be capable to confirm their claims quantity, and within the occasion that their very own knowledge suggests {that a} totally different claimed buying and selling quantity is acceptable, they’ll present that info, and will probably be thought-about by the Claims . Administrator, topic to audit.

How can I get a fee?

You will need to full and submit a Declare Type on time to be eligible to obtain a fee from the Settlement. The Declare Type could also be obtained on-line at www.salmondirectpurchasettlement.com or by writing or emailing the Claims Administrator on the handle beneath.

Farm-Raised Salmon Antitrust Settlement
c/o JND Authorized Administration
PO Field 91447
Seattle, WA 98111-0050
[email protected]

The finished Declare Type have to be submitted on-line or by mail postmarked by September 23, 2022. If you don’t submit a sound declare type earlier than September 23, 2022, you’ll not obtain a fee, however you can be sure by the Courtroom’s ruling.

It’s possible you’ll obtain presents from corporations, not affiliated with the Courtroom or Class Counsel, focusing on aggregating Class Members’ claims that may provide to finish and file your declare in change on your settlement to pay them a share of the quantity you obtain. YOU DO NOT NEED TO PAY ANYONE TO FILE YOUR CLAIM. You may all the time search assist from the Settlement Administrator or Class Counsel at no cost.

When do I obtain my fee?

Funds will likely be made to Settlement Class Members who submit legitimate and well timed Declare Varieties after the Courtroom grants “last approval” to the Settlement and in any case appeals are resolved. If the Courtroom approves the Settlement, there could also be appeals. It’s all the time unsure whether or not these appeals might be resolved, and resolving them can take time. Please, be affected person.

Do I’ve a lawyer and the way will he be paid?

The Courtroom has appointed Podhurst Orseck, PA and Hausfeld LLP as Class Counsel. You shouldn’t have to pay Class Counsel. Class Counsel haven’t been paid for his or her companies since this case started. They are going to search an award of attorneys’ charges from the Settlement Fund, in addition to reimbursement of litigation prices they anticipated in submitting the claims. The charges will compensate Class Counsel for investigating the info, litigating the case, and negotiating and administering the Settlement. Class Counsel’s attorneys’ charge request won’t exceed 30% of the Settlement Quantity. Attorneys’ charges and prices awarded are topic to Courtroom approval. Class Counsel’s movement for approval of that award and fee of their charges and prices may also be posted on www.salmondirectpurchasersettlement.com previous to the objection deadline.

What are my different rights and choices?

If you don’t file a declare, your different choices are:

STAY IN THE CLASS AND DO NOTHING. In case you do nothing, you’ll not obtain advantages and you’ll surrender your proper to sue individually or proceed to sue Defendants for the claims on this case.

STAY IN THE SETTLEMENT CLASS, BUT OBJECT TO THE SETTLEMENT. In case you do not exclude your self from the Settlement Class, you’ll be able to inform the Courtroom what you do not like concerning the proposed Settlement. You’ll proceed to be sure by the proposed Settlement except you exclude your self from the Settlement Class.

ASK TO BE EXCLUDED FROM THE CLASS SETTLEMENT. Because of this you utterly withdraw from the Class. You’ll not obtain any profit and can now not be sure by any judgment on this case. You’ll maintain your proper to sue or proceed to sue Defendants for the authorized claims on this case.

Go to www.salmondirectpurchasettlement.com for particulars on the right way to choose out or object. Exclusion requests and objections have to be postmarked by July 11, 2022.

Equity Listening to

The Courtroom will maintain a Equity Listening to in 9 a.m. in September 8, 2022 a america District Courtroom for the Southern District of Florida, Wilkie D. Ferguson Jr. USA Courthouse, 400 North Miami Avenue, Miami Florida 33128 in Room 13-3. On the listening to, the Courtroom will contemplate (i) whether or not the proposed Settlement ought to be accepted as truthful, affordable, and ample for the Settlement Class Members; and (ii) in case you approve any request by Class Counsel for an award of attorneys’ charges and fee of prices and bills, and any Service Award to the named Class Representatives. If there are objections, the Courtroom will contemplate them. In case you stay within the Settlement Class, you or your consultant might request to talk on the listening to at your expense, however you shouldn’t have to. The listening to date might change, so verify www.salmondirectpurchasettlement.com for updates.

Questions?

For extra info, go to www.salmondirectpurchasersettlement.com, name toll-free 1-877-540-1084, or e mail [email protected].

Please don’t contact the Courtroom.

SOURCE JND Authorized Administration

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