June 14, 2012 Update
On June 8, 2012 the Honorable Justice Change issued an Order granting Plaintiffs' unopposed petition for approval of the settlement award, attorneys fees and costs and the distribution to Class Representatives and Class Members. The Notification of Docket Entry granting the approval can be obtained here. To read the Order, click here.
Kraft plans mail awards to claimants on June 25, 2012. The Settlement Agreement states that the void period for award payments will be 180 of days and they will therefore print December 22, 2012 on all checks issued. This means that on December 22, 2012 all checks will be “stale-dated” and become non-negotiable. Please note that Kraft is required by law to remit all applicable employee withholdings and employer taxes to the IRS and state taxing authorities at the time of an award distribution.