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. Checks are expected to be sent mid to late 2022. If you received a postcard in the mail, you will receive a payment. Postcard notices were sent to eligible borrowers on April 22, 2022. Adobe Reader is free and is required to view and print documents on this site. Restitution payments will be automatically distributed to eligible federal loan borrowers by the settlement administrator, Rust Consulting. 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. Courier: Tesla Fair Fund, c/o Rust Consulting, Inc., Distribution Agent - 7329, 201 S Lyndale Ave, Faribault, MN 55021. You can view the settlement agreement, notice to class members and order approving the settlement at Class members will also receive tax documentation reflecting the payment.
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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. We anticipate that class members will receive their first payment in January 2017. 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.
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