Lyons Magnus $3.5M Settlement: Claim Your Award Now

A recent class action settlement involving Lyons Magnus, LLC and TRU Aseptics, LLC has been established, offering compensation to those who may have been affected by the alleged mislabeling and marketing of certain products. If you believe you've been impacted, this article will guide you through the details of the settlement, including eligibility, potential compensation, and how to file a claim.

Who Benefits?: Individuals who purchased specific Lyons Magnus or TRU Aseptics products that were subject to an FDA recall.

How much can I get?: Eligible claimants can receive reimbursement up to the full purchase price of the products, depending on the availability of proof of purchase.

Important Dates

• Fairness Hearing: April 9, 2024
• Deadline to File a Claim: February 9, 2024

Who Are the Settlement Class Members?

If you're a natural person who, between April 1, 2021, and October 27, 2022, purchased any of the recalled products distributed by Lyons Magnus or TRU Aseptics for personal, family, or household purposes in the United States, you could be a class member eligible for compensation.

• Individuals who bought the products for personal use and not for resale.

The settlement does not include certain individuals, such as the presiding judge and his family, the defendants and their related entities, and those who opt out of the settlement.

Understanding the Settlement Awards

The settlement aims to reimburse class members for their purchases of the affected products.

• With Proof of Purchase: Claimants can receive the full purchase price for each product, including taxes.
• Without Proof of Purchase: Claimants can receive up to the average retail price for up to two products per household.

Products Included in the Settlement

The settlement encompasses a variety of products produced and/or distributed by Lyons Magnus and TRU Aseptics that were included in the FDA recall. For a detailed list of these products, please visit the official settlement website.

Is Proof Required to Claim the Award?

Yes, to claim the full purchase price, proof of purchase is necessary. Without proof, claimants are eligible for a standard compensation amount based on the average retail price.

How to Claim Your Award

To claim your award, submit a claim form by the deadline of February 9, 2024. You can submit your claim online or request a paper copy from the Claims Administrator.

Settlement Amount Analysis

The settlement fund totals $3,500,000, with an additional $75,000 for administrative costs. The final amount received by each claimant may be adjusted based on the number of valid claims.

Why Is There a Class Action Settlement?

This settlement resolves the allegations against Lyons Magnus and TRU Aseptics regarding their product labeling and marketing practices. It provides a way for affected individuals to receive compensation without the need for prolonged litigation.

Remember, the deadline to submit a claim is February 9, 2024, and the final approval hearing is scheduled for April 9, 2024. If you believe you are eligible, take action to ensure you receive the compensation you're entitled to.