Advocare Settlement Check: How Much Will I Get?
If you were a distributor or customer of Advocare, a popular health and wellness company, you may be eligible for a settlement check due to a recent legal settlement. Advocare was accused of operating a pyramid scheme, and as a result, they agreed to pay $150 million in consumer refunds.
If you’re wondering how much you’ll receive from this settlement, read on to find out more. Additionally, we have compiled a list of frequently asked questions (FAQs) to provide you with all the necessary information.
Advocare Settlement Check FAQs:
1. Who is eligible to receive a settlement check from Advocare?
If you were an Advocare distributor or customer between January 2015 and October 2019, you may be eligible for a settlement check.
2. How much money will I receive from the settlement?
The total settlement amount of $150 million will be distributed among eligible claimants. The exact amount you will receive depends on several factors such as your level of involvement with Advocare and the number of valid claims submitted.
3. How do I file a claim for the settlement?
To file a claim, you need to visit the official settlement website and complete the necessary forms. Make sure to provide accurate information to ensure your claim is processed correctly.
4. What documents do I need to submit with my claim?
You will need to provide proof of your involvement with Advocare, such as sales receipts, distributor agreements, or other relevant documentation.
5. When is the deadline to file a claim?
The deadline to file a claim is December 14, 2022. It is crucial to submit your claim before this date to be considered for a settlement check.
6. Will I receive a full refund of my investment in Advocare?
The settlement amount will be divided among all eligible claimants, so it is unlikely that you will receive a full refund. The exact amount you receive will depend on the number of valid claims and the total settlement funds available.
7. When can I expect to receive my settlement check?
The distribution of settlement checks will begin after all claims have been reviewed and approved. It may take several months to process and distribute the funds to eligible claimants.
8. What if I didn’t keep any records of my involvement with Advocare?
While it is ideal to provide documentation, the settlement administrator may still accept reasonable claims without extensive proof. It is recommended to provide as much information as possible to support your claim.
9. Can I opt out of the settlement and pursue legal action independently?
If you wish to pursue independent legal action against Advocare, you may choose to opt out of the settlement. However, it is advisable to consult with an attorney before making such a decision.
In conclusion, if you were a distributor or customer of Advocare during the specified period, you may be eligible to receive a settlement check as part of the recent legal settlement. The exact amount you will receive depends on various factors, including your level of involvement and the number of valid claims submitted. Make sure to file your claim before the December 14, 2022 deadline to be considered for a settlement check.