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Final Distribution to Class Members in April 2020

We are pleased to announce that we are able to make a third and final distribution to class members as part of the class action settlement.  The final distribution will be $455,755, which is all of the money remaining in the bankruptcy estate.  Pursuant to the Court’s order, class members will receive a pro rata portion of these funds.  As a result of this action, the settlement fund has distributed a total of $2,655,755.
The settlement administrator, Rust Consulting, has told us that they anticipate the checks will be mailed on or shortly after April 3, 2020.
If you have moved and need to change your contact information, please call the settlement administrator Rust Consulting at 612-359-2888 to update your address by April 1, 2020.
This will be the final distribution.  We know it has been a lengthy process and we appreciate your patience.   It has been a pleasure representing you and we are thankful you put our trust in us as your lawyers.
If you have any other questions please contact:

Avantair Settlement Claims Administrator
c/o Rust Consulting, Inc. – 5290
PO Box 54
Minneapolis, MN 55440-0054

612-359-2888

Notice of Second Distribution to Employee Class Members

Dear Former Avantair Employees: 
 
We are very pleased to report that we are able to make another distribution to the class of former Avantair Employees.  
 
In the near future, members of the class will be paid a pro rata portion of $1,000,000 for unpaid wages, including WARN Act damages, subject to employee and employer withholding, court approved fees and costs.  Class members will also receive tax documentation reflecting the payment.  
 
We do not know if there will be more money in the bankruptcy estate for an additional payment to class members, and if there is an additional payment, we do not know when it will occur and we do not know how much money employees might receive from any additional payment.
 
If you have questions about the settlement you can contact the Settlement Administrator at 
Avantair Employee Class Settlement c/o Rust Consulting, Inc.
5290, PO Box 2396
Fairbault, MN 55021-9096
Thank you.
Ryan Barack and David Christian

Notice to Former Avantair Employees Regarding First Payment

We are very pleased to report that the bankruptcy court’s multiple orders approving all of the settlements necessary for the employees to receive money from the bankruptcy estate have become final.

We anticipate that class members will receive their first payment in January 2017. The members of the class will be paid pro rata based upon the money received by the settlement fund for unpaid wages, including WARN Act damages, subject to employee and employer withholding. Class members will also receive tax documentation reflecting the payment. You can view the settlement agreement, notice to class members and order approving the settlement at https://avantairemployeesettlement.com/

We are hopeful that there will be more money available in the bankruptcy estate to make additional payments to the class members in the future but we cannot guarantee anything. Thus, we do not know if there will be additional payments, and if there are additional payments, we do not know when they will occur and we do not know how much money employees might receive from any additional payments.

If you still have questions about the settlement, you can contact the Settlement Administrator at
Avantair Employee Class Settlement c/o Rust Consulting, Inc.
5290, PO Box 2396
Fairbault, MN 55021-9096
888-764-8861

Court Approves Final Settlement Between Employees and Avantair

On September 21, the Court entered an Order Granting Final Approval of Class Action Settlement, Certifying Class for Settlement Purposes Only, Appointing Class Representative and Class Counsel, and Granting Related Relief.

We are pleased with this Order and believe this to be a good settlement for the former employees of Avantair.  As the settlement remains contingent upon other matters in the greater bankruptcy case, it will take time to receive the funds which will be distributed pursuant to the settlement.  We remain involved in the bankruptcy proceedings and will update this page as the case progresses.

Employee Settlement in WARN Act Case Against Avantair

The Court has preliminary approved a settlement between former employees and Avantair who were terminated as part of a mass layoff/plant shutdown. All class members will receive a Notice of this settlement at their last known address. You may also click here for a copy of this Notice, here for a copy of the Settlement Agreement, and here for a copy of the Order approving the settlement.

At this time, we do not know exactly how much each class member will receive as payment nor do we know exactly when class members will receive the payment(s).  We will update this page when we have more information.

If you have any questions, please refer to the Notice to Class Members. If you still have questions after reviewing the Notice, you may call 888-764-8861.