FAQs

J.E. Lawrence & Company specializes in helping clients recover financial claims owed them as a result of class action settlements. The following constitute the vast majority of all the questions we receive about class action settlement claims:

Is this a scam?

No. Class action settlements occur all the time. Unless you actively monitor new cases as they arise, you may not know that your business has a valid claim from a specific settlement. Typically, settlements arise from situations in which your business has been overcharged or has been financially damaged in some other way. Your claim is a demand for payment of money you are legally owed.

How much will I be getting back?

The decision as to what percentage of your claim will be paid to you is a function of the nature of the case, the size of the settlement fund and the number and aggregate amount of claims received.  Although J.E. Lawrence & Company may learn the settlement percentage sooner than our clients, this will typically occur after the deadline for claim submission has passed and, once learned, J.E. Lawrence & Company will immediately pass this information to you.

Who is getting my information?

Every case is different. In some instances, the Claim Administrator may already have access to an accurate accounting of the claim to which you are entitled. In other cases, the full and accurate amount of your claim may be known only to you. In such cases, J.E. Lawrence & Company will advise you of the need for, and increased benefit of providing documentation of the correct amount so that you receive the full award to which you are entitled. Moreover, should it prove necessary to submit such information, J.E. Lawrence & Company will advise those in your firm designated to provide it so that we can prepare your claim. The Claim Administrator will use your information solely for the purpose of establishing the validity of your claim.

When can I expect payment?

Determination of the final submission date is entirely at the discretion of the Judge and this date can be extended for any number of valid reasons. Thus, receipt of payment can take several years from the time a claim is submitted. However, since business settlements frequently often involve large sums, submitting a claim is generally worth the effort – especially with JEL managing the process.

Do I need an accountant?

In cases where the Claim Administrator already has an accurate accounting of the size of your claim, no additional effort is needed on your part. If the full and accurate amount of your claim is known only to you, those who normally maintain your accounting records may need to provide this information.

Can I do this on my own?

Yes. No-cost assistance is usually available from the Class Administrator and Class Counsel during any claims-filing period. No one is required to sign up with any third-party service in order to participate in any monetary relief.

For JEL clients, the question is whether monitoring, tracking and complying with the frequent changes and decisions that can occur during the settlement claims process is the highest and best use of their valuable time and resources.

Moreover, the chances are you’re reading this because a JEL Account Executive made you aware that you had a valid claim in a specific case. JEL clients receive timely notice of future cases as they arise so that they don’t miss out on future awards to which they are entitled.

What will this cost?

Unlike law and accounting firms, J.E. Lawrence & Company requires no fees upfront; only a signed authorization to work on your behalf. Once your claim is paid, JEL receives a pre-approved percentage of the payment as compensation for services rendered over the course of the claims process.