Back in August it emerged that Jeunesse and the represented class had
reached a settlement
.
Following a hearing on September 12th, the proposed settlement agreement has received preliminary approval.
The terms of the settlement will see eligible Jeunesse class victims share in $2.5 million, after the class’ attorney fees are paid.
Eligibility for class membership covers Jeunesse distributors who signed up after January 1st, 2010 and lost money.
Looking forward, a Final Fairness Hearing will be scheduled “in the second week of January” 2019.
If that hearing goes smoothly the proposed settlement will proceed, starting with the appointment of a Claims Administrator.
The Claims Administrator will then set up a website, through which Jeunesse victims will be able to file claims through.
Update 10th October 2018 –
A Jeunesse settlement website has
gone live
.
Jeunesse Distributors who qualify as victims have until December 31st, 2018 to file a claim.
🤖 Quick Answer
What is the status of the Jeunesse RICO class-action settlement?The proposed settlement received preliminary approval following a hearing on September 12th. Eligible Jeunesse distributors who joined after January 1st, 2010 and incurred losses will share $2.5 million after attorney fees. A Final Fairness Hearing is scheduled for January 2019 to determine whether the settlement proceeds to claims administration.
Who qualifies as a member of the Jeunesse settlement class?
Class membership encompasses Jeunesse distributors who enrolled after January 1st, 2010 and experienced financial losses. Upon final approval, eligible members will have access to a dedicated claims website established by the appointed Claims Administrator to submit their compensation requests.
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