No claim form was required for identified members. The settlement received final approval, but the administrator does not currently confirm that every automatic distribution or reissue is complete.
StatusFinal approval; completion unconfirmed
Claim DeadlineNo claim required
Settlement Value$475,000
Current MilestoneAutomatic distribution completion not posted
What Was This Case About?
Plaintiffs alleged Presidio failed to include statutory interest with certain late oil-and-gas proceeds payments. The defendant denied wrongdoing or liability, and the settlement does not constitute an admission.
Who Was Covered?
The class generally includes people paid late proceeds from Oklahoma wells from January 25, 2018 through November 30, 2022 without statutory interest.
What Benefits Were Available?
Eligible identified members receive automatic pro rata shares of the net settlement fund.