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Bullboard - Stock Discussion Forum FormerXBC Inc XEBEQ

Industrials
Xebec Adsorption Inc designs, engineers, and manufactures products that are used for purification, separation, dehydration, and filtration equipment for gases and compressed air. The company operates in three reportable segments: Systems, Corporate and other, and Support. Its product lines are natural gas dryers for natural gas refueling stations, compressed gas filtration, biogas purification,... see more

GREY:XEBEQ - Post Discussion

FormerXBC Inc > Class Action Settlement Update
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Post by KNDlaw on Aug 07, 2024 9:02am

Class Action Settlement Update

Hello - just a note to let everyone know that the Court-appointed settlement administrators, Velvet, are processing and validating the claims at this time.  Settlement funds will be ready for distrubtion after claims are processed and validated.  Information regarding the settlement and this process is available at https://xebecsecuritiessettlement.com/.  GLTA!  KND Complex Litigation
Comment by Possibleidiot01 on Sep 23, 2024 10:34am
FYI. Seems like they are making progress : a friend of mine was told they didn't qualify for the $25 minimum threshold to receive a payment.
Comment by Jayhzie on Sep 24, 2024 1:08am
I received an email that my claim has been approved and that they are awaitint the conclusion of the 21-day appeal period for claimants whose claims were rejected.  They expext to have have more info about payments Mid-October
FormerXBC Inc