Frequently Asked Questions

  1. When will I receive my payment?
  2. Why didn’t I receive my payment?
  3. How was the payment amount calculated?
  4. If I choose the 24.6 year payout plan, what will happen to the distribution if I die before the 24.6 years?
  5. I only received one check. Does this cover all of my claims/accounts?
  6. How can I request for my check to be reissued?
  7. How do I update my contact information or name change?
  8. What if I disagree with the amount of my payment?
  9. Can I still submit a claim?



1. When will I receive my payment?

The Settlement was granted Final Approval by the Court on February 25, 2014. The First Wave Distribution occurred on July 31, 2014 for those claims that were timely filed and non-deficient.

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2. Why didn’t I receive my payment?

Payments were made to those claims that were both timely submitted and non-deficient. If you have not received payment, it may be due to the fact that your claim was not timely submitted, is in some way deficient or requires further review of the documentation provided in support of your claim. If your claim is deficient, you will be receiving a letter explaining the deficiency and how you may cure it. At this time, no date has been set for further distributions. Please check the settlement website for updates.

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3. How was the payment amount calculated?

The amount paid to each class member that submitted a valid claim in this Settlement is determined by the amount of capital credits earned during each year of the class period in which you were a member of Cobb EMC.

If you chose the 24.6 year plan, you received a check now for the full amount of all capital credits earned in 1989 and prior years. Payments for all capital credits earned after 1990 and through December 31, 2012 will pay out 24 years after the capital credits were allocated. So, for example, in 2015, you would receive the 1990 capital credit amount, the 1991 capital credit amount in 2016, and etc.

If you chose the lump sum payment option then all capital credits earned after 1989 and through December 31, 2012 pay out now, but with a 12% discount applied. The 12% discount is applied to calculate the present value of the lump sum payment. For example, $100 received today is worth more than $100 received 24 years in the future. Through this calculation, you are receiving what the parties and the Court have agreed is the present value of all of the future payments.

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4. If I choose the 24.6 year payout plan, what will happen to the distribution if I die before the 24.6 years?

The funds will be disbursed to your estate and distributed based on the appropriate legal documentation. It is not necessary to designate a beneficiary.

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5. I only received one check. Does this cover all of my claims/accounts?

The check you received covers payments for all records/accounts in your name based upon the information you submitted in your Claim Form.

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6. How can I request for my check to be reissued?

Check reissue requests must be submitted in writing. Please be sure to include your full name, current address, former address if you need to update your contact information, claim number, and a daytime telephone number with the best time to contact you. You can submit your requests by email to questions@cobbemcsettlement.com, by fax (866)582-3747 or by mail to:

Cobb EMC Class Action Settlement
c/o GCG
PO Box 10020
Dublin, Ohio 43017-6620

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7. How do I update my contact information or name change?

You may write to us at Cobb EMC Class Action Settlement, c/o GCG, PO Box 10020 Dublin, Ohio 43017-6620, or send an email to questions@cobbemcsettlement.com.

For a name change, please include appropriate documentation establishing the change of name, such as a marriage certificate and driver’s license.

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8. What if I disagree with the amount of my payment?

If you disagree with the payment amount that you received, please state your disagreement in writing and include, your name, claim number, account numbers, service addresses and years during which you were a member of Cobb EMC, and send it to us at Cobb EMC Class Action Settlement, c/o GCG, PO Box 10020 Dublin, Ohio 43017-6620 or by email to questions@cobbemcsettlement.com.

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9. Can I still submit a claim?

To receive cash available under the Settlement, you must fill out and submit a Claim Form. The deadline for filing claims has passed. However, the Court’s February 25, 2014 Order provides that late filed claims may be accepted subject to approval by Plaintiffs’ counsel until August 11, 2014 for good-faith reasons. You can download a Proof of Claim Form here and submit to the Claims Administrator by mail postmarked no later than August 11, 2014.

Cobb EMC Class Action Settlement
c/o GCG
PO Box 10020
Dublin, Ohio 43017-6620

You may also submit the Claim Form by fax (866)582-3747.

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Please do not contact the court for information about this Settlement.