Last November
Summary Judgement was granted
against Zeek Rewards’ net-winner class in the US.
The Zeek Receiver has been working on a plan to claw back illegitimate earnings from over 9000 net-winner affiliates.
On January 17th the Receiver submitted \a proposal to establish how much each Zeek Rewards net-winner will have to pay back.
This overall aim of the Receiver’s proposal is to
give each class member individual notice of the amount of his or her “net winnings” according to RVG’s records, an opportunity to respond to that amount with evidence of a different amount and access to a fair and expedient process to resolve any cases in which the Receiver and Net Winner cannot agree on the amount of the Final Judgment.
Specifically, the proposed plan will see the Receiver contact Zeek’s US net-winners before January 31st. Net-winners will be notified of how much they stole from victims, as per Rex Venture Group’s books.
he Receiver will first notify each class member of the amount of his or her Net Winnings by email to the email address provided by the net winner in connection with any account included in determining the amount of Net Winnings as well as any other email address that has been provided by the net winner following the appointment of the Receiver.
The Receiver shall also post a link on the Receivership website that allows class members to receive notification of the amount of their Net Winnings.
In the event that the notice cannot be delivered to any email address provided by the Net Winner, the Receiver will also send a letter to the last known physical address of the Net Winner informing the Net Winner of the proceedings and the availability of the amount of his or her Net Winnings on the Receivership website.
The net-winner class attorneys will also post a notice on the net-winner class website and communicate with net-winners regarding the availability of their net-winnings amount.
Net-winners will be given until March 31st to respond to the amount the Receiver has calculated.
Responses are optional,
must be in writing and must include the Net Winner Class member’s specific proposed alternative calculation (in US$) of Net Winnings and the Net Winner’s evidence supporting the alternative calculation, including, without limitation, independent documentation (such as bank records).
Net-winners wishing to dispute the amount they stole from Zeek Rewards investors
should only be permitted to include money paid into RVG / ZeekRewards and received from ZeekRewards for the particular class member’s usernames.
No “expenses” or other “setoffs” should be permitted to be deducted from this amount, including but not limited to, expenses alleged to have been incurred in participating, promoting, recruiting other participants, paying for the accounts of others or loaning money to other participants.
The Receiver has the option of agreeing or disagreeing with the alternative owed amount.
If the Receiver agrees with the alternate
🤖 Quick Answer
What is the Zeek Receiver's clawback plan for net-winners?The Zeek Receiver proposed a plan to recover illegitimate earnings from over 9,000 net-winner affiliates following Summary Judgment against Zeek Rewards. The plan provides individual notice of net winnings, opportunities to dispute amounts with evidence, and establishes a fair process for resolving disagreements between the Receiver and net winners regarding final judgment amounts.
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