Lawsuit settlement

[PNWScout]

I mean mine was 4400, not too much of the Marc but I was only offered 44,400 at the end of the day, and that is pathetic when you were supposed to be getting $492,800

[PNWScout]

Someone said that this initial civil suit was worth more than $5 billion, so I’m just wondering if the corporate attorneys are double dipping. They got their 40% off the top and now they’re working on what should be our payouts, only after knocking us down less than 75% of what we should be getting and then taking 40% off of that

[SouthernKudzu]

3 minutes ago, PNWScout said:

Someone said that this initial civil suit was worth more than $5 billion, so I’m just wondering if the corporate attorneys are double dipping. They got their 40% off the top and now they’re working on what should be our payouts, only after knocking us down less than 75% of what we should be getting and then taking 40% off of that

I had posted this:   Initially, the total amount was $5.45 billion for 82,000 men. Then I was told that the amount to disperse was $2.6 billion. I assumed this was after the fees and such. (and yes, I know what happens when one assumes). I've wondered about double dipping as well.

[Evereatapinecone]

Can someone explain the differences between Exhibits B, C and D options in the BSA settlement? What effect does each have on payments and future payments?

[RememberSchiff]

• @Evereatapinecone  welcome to scouter.com.

[Tron]

On 6/5/2025 at 10:21 PM, SouthernKudzu said:

I had posted this:   Initially, the total amount was $5.45 billion for 82,000 men. Then I was told that the amount to disperse was $2.6 billion. I assumed this was after the fees and such. (and yes, I know what happens when one assumes). I've wondered about double dipping as well.

The 2.6 billion is not after fees. Everything I have read has indicated that the 2.6 billion is what the trust is currently funded at (including promissory notes). I think there might be a way to a way to bump that up if the hold out insurance companies decide to contribute. 

[BadChannel70]

On 6/16/2025 at 4:43 PM, Evereatapinecone said:

Can someone explain the differences between Exhibits B, C and D options in the BSA settlement? What effect does each have on payments and future payments?

Someone posted an analysis of these Exhibits on Google Docs. I cannot vouch for the accuracy of this information. If you have an attorney, they should be going over these options with you. 

Exhibit Analysis - Google Docs

[SouthernKudzu]

On 6/17/2025 at 9:44 AM, Tron said:

The 2.6 billion is not after fees. Everything I have read has indicated that the 2.6 billion is what the trust is currently funded at (including promissory notes). I think there might be a way to a way to bump that up if the hold out insurance companies decide to contribute. 

I got into this class action lawsuit about 4.5 years ago. The attorney sends an update every Friday with a video, usually. Sometimes more emails than that. I'm looking for the one that said that the total figure, from organizations, insurance companies, even some pharmaceutical companies (go figure) was for $5.45 billion for 82,000 men. Figures of $10,300, then $20,600, then almost $30,000 were mentioned. Then they offered $3,500 to make it "go away". I was informed that 15,000 men took that offer. That left 67,000 men. Another email said the amount to be dispersed was $2.6 billion. I assumed that was after the attorney's fees, but was not told that. And yes, I know what happens when one assumes.

I received an email that my settlement claim was almost $550,000. Then a follow up email said to add 2.4% to that. Then an email came with a form for the 1.5% initial check, I filled it out and have received that check, but 46% was taken out. If 46% is taken out of $550,000 then that leaves $297,000 which is nothing to sneeze at but still a far cry from the original. I have never been in a class action lawsuit so this is all new to me.

In my case, I did not join for any money. My wife and I are pretty well off and don't need it. I will give at least 10% of it away and the rest will be invested. I doubt if I will ever enjoy it as I am 73 with a bad heart. I joined to add my voice and to offer suggestions as to how to prevent this in the future, which I have done so twice with BSA officials. Even if the amount was $10 million, that does not give me a "do-over", erase memories or heal emotional scars, but what else can be done? I almost wish I had never joined the law suit. I kept quite for almost 6 decades and pretty much forgot about it. But is has been on my mind quite often for 4.5 years.

[Tron]

On 6/18/2025 at 5:11 PM, SouthernKudzu said:

I got into this class action lawsuit about 4.5 years ago. The attorney sends an update every Friday with a video, usually. Sometimes more emails than that. I'm looking for the one that said that the total figure, from organizations, insurance companies, even some pharmaceutical companies (go figure) was for $5.45 billion for 82,000 men. Figures of $10,300, then $20,600, then almost $30,000 were mentioned. Then they offered $3,500 to make it "go away". I was informed that 15,000 men took that offer. That left 67,000 men. Another email said the amount to be dispersed was $2.6 billion. I assumed that was after the attorney's fees, but was not told that. And yes, I know what happens when one assumes.

I received an email that my settlement claim was almost $550,000. Then a follow up email said to add 2.4% to that. Then an email came with a form for the 1.5% initial check, I filled it out and have received that check, but 46% was taken out. If 46% is taken out of $550,000 then that leaves $297,000 which is nothing to sneeze at but still a far cry from the original. I have never been in a class action lawsuit so this is all new to me.

In my case, I did not join for any money. My wife and I are pretty well off and don't need it. I will give at least 10% of it away and the rest will be invested. I doubt if I will ever enjoy it as I am 73 with a bad heart. I joined to add my voice and to offer suggestions as to how to prevent this in the future, which I have done so twice with BSA officials. Even if the amount was $10 million, that does not give me a "do-over", erase memories or heal emotional scars, but what else can be done? I almost wish I had never joined the law suit. I kept quite for almost 6 decades and pretty much forgot about it. But is has been on my mind quite often for 4.5 years.

That 2.4% is probably an indicator that some entity that was holding out on contributing due to the appeal has decided to contribute but it has not been made public yet. 

[SouthernKudzu]

50 minutes ago, Tron said:

That 2.4% is probably an indicator that some entity that was holding out on contributing due to the appeal has decided to contribute but it has not been made public yet. 

Probably. I got an email today. It stated the amounts the men receive should be 55% of the amount that the settlement was for. This was because the amount of the claims is more that the amount to be dispersed. It said that some "objecting parties" are taking this to the Supreme Court. But this attorney said that it is highly unlikely that the SC will "take up the matter" based on past cases.

Ex. $100,000 settlement and you receive $55,000. However, in my case (as I had mentioned), the 1.5% check (of the total settlement) I received had 46% taken out. So, in my example, if the 46% deduction applies,  the $55,000 drops to $29,700. I don't know whether taxes are then taken out. But, from what I gather, there are no taxes to be paid. In the sexual abuse lawsuit against the Catholic Church, the victims did not pay taxes on the settlements, unlike a bad product or a company ripping off the customers. That really knocks down the amount that I, we, were told the settlement was for.

I don't want this to sound like I am money hungry or itching to get my hands on it. I do this so as to help the other guys. Their attorneys may not update them every Friday like mine does. I will give at least 10% (a tithe) to a church and a charity we support. I look at it like this ... Whatever the final amount is, I would not have gotten anything if I had not joined the suit. In my case, the Scouts did not hurt me, an older, bigger Boy Scout did, and we were afraid of him as he held merit badges and promotions over us and threaten to harm us. I feel awkward accepting anything from the BSA.  My Scout Master was a fine man. I liked him respected him and learned from him.  He would have taken action against our abuser if we had spoken up. But back in the mid 60's, boys had a code: boys don't hit girls, boys don't squeal, boys suck it up and walk it off.

Our abuser spent 13 years in prison as an adult for abusing children. He is on the Alabama Sexual Offenders web site. My wife and I are very blessed that whatever I receive will be invested or used in a good way, after the 10% is given away. I doubt if I will every "enjoy" it. With my heart, I may not be here next year. Hope this helps.

[eric8888]

I understand not wanting to even open up old wounds it felt like it was not worth the trouble years ago I started the process but never went through with it . I regret it now because my business partner ended up stealing everything I owned and been homeless for about two years now. About 6 months ago I tried to reach out to some lawyers witch was very embarrassing and even told my mom . Witch was the worst mistake ever she is the worst mother ever that was the last time I ever want to ever talk to her again I should have known better the was she is so insensitive she told me I was lying I had to get into a fight to get out of going to scouts . I've always had authority and trust issues since my whole life .The only other person I've told was my ex-wife and she would even  say I was gay sometimes . I have so much anger that I bet half the people that are collecting money haven't even had anything done to them . They are just as bad as the guy that took advantage  of me at camp and every one of them pedophiles and be executed  .Sorry but that's how I feel . You enjoy  that money be a insult  to me for you not to God bless 

 

[johnsch322]

10 hours ago, Tron said:

That 2.4% is probably an indicator that some entity that was holding out on contributing due to the appeal has decided to contribute but it has not been made public yet. 

The 2.4% was a cost of living adjustment. It was part of the settlement documents and has nothing to do with any additional contributions.

[SouthernKudzu]

9 hours ago, eric8888 said:

I understand not wanting to even open up old wounds it felt like it was not worth the trouble years ago I started the process but never went through with it . I regret it now because my business partner ended up stealing everything I owned and been homeless for about two years now. About 6 months ago I tried to reach out to some lawyers witch was very embarrassing and even told my mom . Witch was the worst mistake ever she is the worst mother ever that was the last time I ever want to ever talk to her again I should have known better the was she is so insensitive she told me I was lying I had to get into a fight to get out of going to scouts . I've always had authority and trust issues since my whole life .The only other person I've told was my ex-wife and she would even  say I was gay sometimes . I have so much anger that I bet half the people that are collecting money haven't even had anything done to them . They are just as bad as the guy that took advantage  of me at camp and every one of them pedophiles and be executed  .Sorry but that's how I feel . You enjoy  that money be a insult  to me for you not to God bless 

 

Man, I'm sorry you've had that crap hit you. I never told my folks and they have passed now. I wish I could, to explain some emotional issues I had. Noting illegal or violent, just things they did not understand. I never had children because I felt like there was something wrong with me because I "responded" to his abuse. I did not want to pass that along. I was in my 50's when I learned that it is a normal response to be aroused. That happens to boys, even young men, while being examined by a doctor. That's why I don't have grandchildren to spoil and give back to their parents. I always felt like "I do not belong" and I attribute that to the abuse. That cost me a marriage since I did not want children and a  relationship of 18 moths for the same. I could not tell them why. I avoided women for a while but met an angle later in life that was not interested in children. We are about to hit 30 years and I did not tell her until I got with this suit, 4.5 years ago. I hated my abuser for years and wanted to hurt him, and I could, my being a former Ranger. But I no longer feel that way and actually have some pity for him. The attorney asked me if the pattern repeated with me or my friend. No way! He said it often does. And I thought, was my abuser abused and it continued? As to the money, it's OK if I get or if I don't . Don't mean to brag, but I enjoy helping others, especially anonymously. I do it for me as it gives me a good feeling and I don't miss it.

You know who I vent to? My dog. He knows all my secrets and will not tell anyone. He looks at me with those black eyes as if to say, "It's OK Daddy, it's OK". As silly as that sounds, it helps me. The other thing I do is talk to the Good Lord when alone, driving or yard work.  I'm glad He understands a Southern accent  Take car, my friend.

[RememberSchiff]

Major carriers have yet to make payments, citing coverage disputes and due process concerns

"Insurance carriers that declined to take part in the Boy Scouts of America Settlement Trust have been billed a total of $6.99 billion since September 2024, according to a recent update issued by the trustee overseeing the sexual abuse settlement fund.

In a status report dated June 2, trustee Barbara J. Houser said no payments had been received from those insurers as of May 30. She noted that none of the non-participating carriers had confirmed any intention to make payments toward the abuse-related claims."

More at source:

https://www.insurancebusinessmag.com/us/news/legal-insights/nonsettling-insurers-billed-billions-in-boy-scouts-abuse-settlement-fund-539575.aspx