$2.67 Billion doesn’t even shake out to a payment for someone on one of these plans for more than 2/3 of the period covered by the settlement.
this post was submitted on 29 Jun 2026
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Does the money go somewhere else or do they just keep it?
My guess would be the lawyers
The lawyers got $667 milllions of the $2.67 billion settlement. Another $100 million was spent on administration to who knows what. They're maiIing cheques so postage might be a significant amount as well.
The average payout of the remaining $1.9 billion across 6 million recipients is $333, so someone will receive whatever larger amounts amounts to that average in consideration of almost everyone else who gets nothing.
My guess is that it works similar to a bankruptcy, where the largest creditors are paid first, but with significant reductions, and of those reductions are used to pay the next most and so on.