Gamino v. KPC Healthcare Holdings, Inc.

United States District Court – Central District of California
Case No: 5:20-cv-01126-SB-SHK




DISBURSEMENT UPDATE

Status of Settlement Distributions as of March 26, 2024:

The settlements with all three sets of defendants (KPC, Alerus and SPCP) have been approved by the Court. The transfer of the settlement monies from the Escrow Account to the KPC ESOP will occur no later than March 27, 2024. Once the settlement monies are transferred to the KPC ESOP, settlement monies will be distributed to class members (if they are eligible for an immediate distribution) or transferred to their KPC 401k plan account (if they are not eligible for an immediate distribution) within 30 days.

If you have any questions, as a first step, please contact the settlement administrator by phone at 1-888-318-1014 or email at KPCESOPSettlement@cptgroup.com. Calls to Class Counsel merely inquiring about the status of distribution slows down the attorneys’ ability to finalize the settlement and distribute payment to the Class.



IMPORTANT DATES

Date
Description
September 5, 2023
Objection Deadline
October 20, 2023 at 8:30 a.m. PST
Fairness Hearing





Questions?



Questions? Please Call Toll Free 1-888-318-1014 or send an email at KPCESOPSettlement@cptgroup.com