This official website is maintained by the Settlement Administrator retained and supervised by Class Counsel for the Settlement Class Members in the action consolidated within Budicak, Inc., et al. v. Lansing Trade Group, LLC, et al., Case No. 2:19-cv-02449 pending in the United States District Court for the District of Kansas.
The information contained on this web page is only a summary of information presented in more detail in the Notice of Proposed Class Action Settlements, June 9, 2023 Settlement Hearing, and Class Members'
Rights (the "Notice"), which you can access by clicking here. Since this website
is just a summary, you should review the Notice and Settlement Agreement for additional details.
Your legal rights are affected even if you do nothing. Please read the Notice carefully.
IF YOU TRANSACTED IN CBOT WHEAT FUTURES OR OPTIONS DURING THE CLASS PERIOD FROM FEBRUARY 1, 2015 THROUGH MAY 15, 2015 (THE "CLASS PERIOD"), YOU MAY BE ENTITLED TO A PAYMENT FROM A CLASS ACTION SETTLEMENT.
| YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT | |
|---|---|
| DO NOTHING | If you do nothing in connection with these Settlements, you will receive no payment from the Net Settlement Fund and you will be bound by past and any future Court rulings, including rulings on each Settlement, if approved, and each Settlement's release. See question 17 of the Notice. |
| FILE A CLAIM FORM | The only way to receive your share of the Net Settlement Fund is to complete and file a timely and valid Claim Form electronically by no later than July 10, 2023, or to mail your Claim Form so that it is postmarked no later than July 10, 2023. See question 11 of the Notice. |
| EXCLUDE YOURSELF FROM THE SETTLEMENT | If you wish to exclude yourself from the Settlements, you must submit a written request by April 10, 2023. If you exclude yourself, you will not be bound by the Settlements, if approved, or settlement release, and you will not be eligible for any payment from the Net Settlement Fund. You will also be asked to provide certain information relating to eligible trading. See questions 18 - 22 of the Notice. |
| OBJECT TO THE SETTLEMENT | If you wish to object to any aspect of the Settlements, Distribution Plan, Class Counsel's application for attorneys' fees and expenses, Plaintiffs' application for Incentive Awards, or any other matter, you must file a written objection with the Court and serve copies on Class Counsel, Lansing's Counsel, and Cascade's Counsel by April 10, 2023. You must be and remain within the Settlement Class in order to object. See questions 23 and 24 of the Notice. |
| GO TO THE SETTLEMENT HEARING | You may ask the Court for permission to speak about the Settlements at the Settlement Hearing by including such a request in your written objection, which you must file with the Court and serve on Class Counsel, Lansing's Counsel, and Cascade's Counsel by April 10, 2023. The Settlement Hearing is currently scheduled for June 9, 2023, but you should check the Settlement Website before attending because the hearing date is subject to change. See questions 27 - 29 of the Notice. |
| APPEAR THROUGH AN ATTORNEY | You may enter an appearance through your own counsel at your own expense. See question 29 of the Notice. |
Commodities Brokers and other Nominees: Please visit the
Institutional E-Filing page of this website.
If you have questions, you may call the Settlement Help Line at 877-234-6578,
or email info@2015CBOTwheatfuturesclassactionsettlement.com
or email info@2015CBOTwheatfuturesclassactionsettlement.com
