PROOF OF CLAIM AND RELEASE
INSTRUCTIONS
1. If you transacted in CBOT Wheat Futures or Options from February 1, 2015 through May 15, 2015 (the “Class Period”), you may be eligible to receive a payment
from the $18 million settlement reached between Plaintiffs and Defendant Lansing Trade Group, LLC (“Lansing”) in
Budicak, Inc., et al. v. Lansing, et al., No. 19-cv-2449 (D. Kan.).
2. “CBOT Wheat Futures or Options” means wheat futures and options contracts that trade on the Chicago Board of Trade (“CBOT”). Pursuant to the Distribution Plan, CBOT Wheat Futures or Options consist of:
a. “Wheat Futures,” which means CBOT soft red winter wheat futures contracts expiring in March 2015, May 2015, July 2015, or September 2015; and
b. “Options on Wheat Futures,” which means any options on the above-defined Wheat Futures contracts.
3. Unless otherwise defined herein, all capitalized terms contained in this Proof of Claim and Release (“Claim Form”) have the same meaning as in the Notice of Proposed Class Action Settlements, June 9, 2023 Fairness Hearing Thereon, and Class Members’ Rights (“Notice”), the Stipulation and Agreement of Settlement between Plaintiffs and Lansing, and the Distribution Plan, which are available at www.2015CBOTwheatfuturesclassactionsettlement.com (the “Settlement Website”).
4. It is important that you read the Notice. By signing and submitting this Claim Form, you will be certifying that you have read the Notice, including the terms of the Release and Covenant Not to Sue described in the Notice under the heading “What Am I Giving Up to Receive a Payment?” and provided for in the Lansing Settlement Agreement.
5. To be eligible to receive a payment from the Net Settlement Fund, you must submit a timely and valid Claim Form along with the required data and/or information described in Parts II through IV below. To be considered timely, your Claim Form must be submitted online at www.2015CBOTwheatfuturesclassactionsettlement.com by 11:59 p.m. Eastern Time on July 10, 2023, OR mailed to the Settlement Administrator and postmarked no later than July 10, 2023 . If you are unable to submit the required data as described below at Parts II through IV, you should call the Settlement Administrator for further instructions.
6. As described in Part III below, you are required to submit additional information about your transactions in CBOT Wheat Futures or Options as part of your Claim Form to be submitted to the Settlement Administrator. 7. Your payment amount will be determined based on the Settlement Administrator’s review of your Claim Form and calculated pursuant to the Distribution Plan that the Court approves. Submission of a Claim Form does not guarantee that you will receive a payment from the Lansing Settlement. For more information, please refer to the Notice and Distribution Plan available at the Settlement Website.
8. Separate Claim Forms should be submitted for each separate legal entity. Conversely, a single Claim Form should be submitted on behalf of only one legal entity.
9. If you have questions about submitting a Claim Form or need additional copies of the Claim Form or the Notice, you may contact the Settlement Administrator.
2. “CBOT Wheat Futures or Options” means wheat futures and options contracts that trade on the Chicago Board of Trade (“CBOT”). Pursuant to the Distribution Plan, CBOT Wheat Futures or Options consist of:
a. “Wheat Futures,” which means CBOT soft red winter wheat futures contracts expiring in March 2015, May 2015, July 2015, or September 2015; and
b. “Options on Wheat Futures,” which means any options on the above-defined Wheat Futures contracts.
3. Unless otherwise defined herein, all capitalized terms contained in this Proof of Claim and Release (“Claim Form”) have the same meaning as in the Notice of Proposed Class Action Settlements, June 9, 2023 Fairness Hearing Thereon, and Class Members’ Rights (“Notice”), the Stipulation and Agreement of Settlement between Plaintiffs and Lansing, and the Distribution Plan, which are available at www.2015CBOTwheatfuturesclassactionsettlement.com (the “Settlement Website”).
4. It is important that you read the Notice. By signing and submitting this Claim Form, you will be certifying that you have read the Notice, including the terms of the Release and Covenant Not to Sue described in the Notice under the heading “What Am I Giving Up to Receive a Payment?” and provided for in the Lansing Settlement Agreement.
5. To be eligible to receive a payment from the Net Settlement Fund, you must submit a timely and valid Claim Form along with the required data and/or information described in Parts II through IV below. To be considered timely, your Claim Form must be submitted online at www.2015CBOTwheatfuturesclassactionsettlement.com by 11:59 p.m. Eastern Time on July 10, 2023, OR mailed to the Settlement Administrator and postmarked no later than July 10, 2023 . If you are unable to submit the required data as described below at Parts II through IV, you should call the Settlement Administrator for further instructions.
6. As described in Part III below, you are required to submit additional information about your transactions in CBOT Wheat Futures or Options as part of your Claim Form to be submitted to the Settlement Administrator. 7. Your payment amount will be determined based on the Settlement Administrator’s review of your Claim Form and calculated pursuant to the Distribution Plan that the Court approves. Submission of a Claim Form does not guarantee that you will receive a payment from the Lansing Settlement. For more information, please refer to the Notice and Distribution Plan available at the Settlement Website.
8. Separate Claim Forms should be submitted for each separate legal entity. Conversely, a single Claim Form should be submitted on behalf of only one legal entity.
9. If you have questions about submitting a Claim Form or need additional copies of the Claim Form or the Notice, you may contact the Settlement Administrator.
REQUIREMENTS FOR CLAIM SUBMISSION
1. YOU MUST SUBMIT YOUR CLAIM FORM ELECTRONICALLY OR ON PAPER IN THE REQUIRED FORMAT
Claimants must electronically submit their Claim Forms online at www.2015CBOTwheatfuturesclassactionsettlement.com by 11:59 p.m. Eastern Time on July 10, 2023, OR mail the Claim Forms to the Settlement Administrator at CBOT Wheat Futures or Options Class Action Settlement, c/o A.B. Data, Ltd., P.O. Box 170300, Milwaukee, WI 53217 so they are postmarked no later than July 10, 2023. Claim Forms must be submitted in the format specified in this Claim Form or posted by the Settlement Administrator on the Settlement Website.
Along with your Claim Form, you are required to submit the details of your transactions in CBOT Wheat Futures or Options reflected in Part IV, below. A Data Template, including the information you must provide about your transactions in CBOT Wheat Futures or Options, is below and also available at the Settlement Website. In addition, please provide any of the following types of supporting documentation that verifies the transaction information you provide:
a. Transaction data from your bank, broker, or internal trade system;
b. Bank confirmations by individual trade;
c. Bank transaction reports or statements;
d. Trading venue transaction reports or statements;
e. Prime broker reports or statements;
f. Custodian reports or statements;
g. Daily or monthly account statements or position reports;
h. Email confirmations from counterparty evidencing transactions;
i. Bloomberg confirmations or communications evidencing transactions; and/or
j. Other documents evidencing transactions in CBOT Wheat Futures or Options during the Class Period.
Claimants must electronically submit their Claim Forms online at www.2015CBOTwheatfuturesclassactionsettlement.com by 11:59 p.m. Eastern Time on July 10, 2023, OR mail the Claim Forms to the Settlement Administrator at CBOT Wheat Futures or Options Class Action Settlement, c/o A.B. Data, Ltd., P.O. Box 170300, Milwaukee, WI 53217 so they are postmarked no later than July 10, 2023. Claim Forms must be submitted in the format specified in this Claim Form or posted by the Settlement Administrator on the Settlement Website.
Along with your Claim Form, you are required to submit the details of your transactions in CBOT Wheat Futures or Options reflected in Part IV, below. A Data Template, including the information you must provide about your transactions in CBOT Wheat Futures or Options, is below and also available at the Settlement Website. In addition, please provide any of the following types of supporting documentation that verifies the transaction information you provide:
a. Transaction data from your bank, broker, or internal trade system;
b. Bank confirmations by individual trade;
c. Bank transaction reports or statements;
d. Trading venue transaction reports or statements;
e. Prime broker reports or statements;
f. Custodian reports or statements;
g. Daily or monthly account statements or position reports;
h. Email confirmations from counterparty evidencing transactions;
i. Bloomberg confirmations or communications evidencing transactions; and/or
j. Other documents evidencing transactions in CBOT Wheat Futures or Options during the Class Period.