Suspicious ’bout an Advocare settlement check? You gotta know the truth! This article will help you make a good decision. It investigates the validity of these checks. So, cashing in? Think twice!
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Quick facts: Advocare Settlement Check Is It Legit
What is the Advocare Settlement?
In November of 2020, AdvoCare International and its subsidiaries declared an agreement that was given court approval. This agreement was made to resolve a lawsuit that was filed in 2015 that accused the company of running an unlawful pyramid scheme and making incorrect statements about its products.
The Advocare Settlement Agreement offered $150 million to both former and current customers of the company who bought products between May 1, 2009 and November 2, 2020. These consumers could get up to a maximum of $14,000, depending on the amount spent on Advocare products during the timeline.
The settlement states that each consumer is entitled to either a cash payment or credits that can be used for future AdvoCare purchases. Consumers have the option to opt out or object to the settlement before it is finalized by a judge in court.
Overview of the Advocare Settlement
A class-action lawsuit was filed against Advocare, claiming they made false statements about their products. This has been resolved with a settlement of $150 million.
Cash payments of up to $30 million will be given out, whilst the rest will be in products, vouchers, or other benefits.
Gosplitty, which is managed by the legal team involved, offers an easy way to access the funds from the settlement. They have made a website for class members, to file their claim and get their money right away, instead of waiting for checks or vouchers to arrive.
What is the Settlement Amount?
The settlement is expected to total $445 million. The terms of the agreement have not been made public. Claimants may receive a portion of this amount, depending on their losses from AdvoCare’s deceptive practices.
AdvoCare intends to pay out the settlement with an expedited timeline. This should ensure claimants receive payments quickly.
Claims must be verified and approved by AdvoCare before funds are distributed. Claimants may need to provide documentation if requested by AdvoCare, before they can get their checks.
How to Check if Your Settlement Check is Legit
Verifying the legitimacy of an Advocare settlement check is easy. Check the address printed on the check. It should be the same as your bank’s. Additionally, examine the name of the issuing bank on the lower left corner. Make sure it matches your own bank.
If you still have doubts, call your bank’s customer service for help. Also, research Advocare online. Look for reviews and testimonials from people who have received a settlement check before. This will ensure you get a valid payment from a reliable source.
Contact the Settlement Administrator
Believe you can get a settlement check? Reach out to the Settlement Administrator. They’ll manage the claims process and deliver payment. Have your proof of purchase ready. The Administrator will confirm if you’re eligible. You may need extra documents.
Once they verify, they’ll tell you how and when you’ll get your money. It could be a mailed check or online transfer. Receiving payment could take up to several weeks.
Check the Bank Details on the Check
Once you get your AdvoCare check, check the bank details.
- First, confirm it’s from a legitimate source. Check their website or call their customer service.
- Second, double-check the routing number, account number and other info match your bank’s.
- Finally, make sure the signature on the check is from a valid bank employee.
This will help ensure the payment is legitimate, and give you peace of mind.
Check the Amount of the Check
Once you get your Advocare settlement check, take time to ensure the amount is correct. Review the settlement agreement you signed before getting the check. This confirms the settlement amount is within the agreement’s parameters.
If the check amount is different to the agreement, tell your lawyer. They’ll work with Advocare and their legal team to find a solution for both sides. Know any fees for cashing out the check first. That way, you know how much you’ll get after fees.
Checking the Advocare settlement check amount guarantees you get what you’re owed. No nasty surprises after cashing out.
What to Do if Your Settlement Check is Not Legit
If you’ve been given a check in relation to the Advocare settlement, it’s essential to check it’s real. If it isn’t, get in touch with a lawyer right away. You may have a right to take legal action if you were given a false check.
Check the check carefully. Double-check all the details on the front match what’s stated in the settlement agreement. And verify the name and address on the back are correct, and are the same as when you registered for your claim.
If you spot any unusual things about your Advocare settlement check, contact a lawyer ASAP. They can tell you if you need to sue those responsible for the fake payment. They can also advise on how to proceed with filing a lawsuit.
Contact the Settlement Administrator Immediately
Have you recently obtained a check from Kattsranch as part of the Advocare settlement? You may be wondering if it is real. Contact the Settlement Administrator right away! They can be reached at 1-800-939-0024 or AdvocareSettlement@Kattsranch.com.
If it is a valid check, it will contain information about the settlement and instructions to obtain your payment.
Be aware – checks received outside of the settlement process are not valid. Have any checks you obtain verified with the Settlement Administrator before taking action.
Report the Fraudulent Check to Your Bank
If you got a check from Gosplitty for your Advocare settlement and think it’s suspicious, first report it to your bank. You can call them, visit them in person, or file an online report. Give them details like the check amount and when you got it. Your bank will investigate and tell you what they find. If it’s fake, they’ll usually refund the money they took from you.
It’s important to report any funny checks quickly. If the scammer gets your money, even for a short time, it can cause big money loss or hurt your credit.
File a Complaint with the FTC
The Federal Trade Commission (FTC) is responsible for protecting consumers from dishonest business practices. If you think Advocare may have hurt you, file a complaint with the FTC using the online form. Include details and records of your communication.
Also, if you think your settlement check from Advocare may be illegal or fake, contact your local district attorney’s office or your state’s attorney general’s office to investigate. It will help protect you and others from potential harm.
FAQs about: Advocare Settlement Check Is It Legit
Q: What is the Advocare Settlement?
A: The Advocare Settlement is a class action lawsuit against Advocare International, LP, alleging certain sales practices were deceptive and violated the law. The settlement provides for payment of up to $6 million to eligible Class Members who submit a valid and timely claim form.
Q: Is the Advocare Settlement check legit?
A: Yes, the Advocare Settlement checks are legitimate. Checks are being mailed out to eligible Class Members who submitted a valid and timely claim form. The check may be endorsed and deposited or cashed at your financial institution.
Q: How can I find out more information about the Advocare Settlement?
A: You can find more information about the Advocare Settlement on the official settlement website at www.AdvocareSettlement.com or by calling the settlement administrator at 1-844-257-9400.