February 21, 2024

Oklahoma earthquakes $7.5M class action settlement 2023: Is It a Scam? Find Out!

Are you a resident of Oklahoma? Did you receive a mail about a class action on the settlement  to resolve claims that Several Oil wastewater wells caused earthquakes in Oklahoma that led to property damage? This review will help you partake in the class action settlement.

What Is Oklahoma earthquakes $7.5M Class Action Settlement?

According to the plaintiffs in the class action lawsuit, numerous oil companies improperly disposed of wastewater in disposal wells in Oklahoma. These wells allegedly caused earthquakes, including a 5.8 magnitude earthquake near Pawnee, Oklahoma on Sept. 3, 2016 and a 5.0 magnitude earthquake near Cushing, Oklahoma on Nov. 6, 2016. The name of the case is Reid, et al. v. White Star Petroleum LLC, et al., Case No. CJ-2016-543, in the District Court of Payne County, Oklahoma.

What Is This Class Action All About?

The defendants in the case haven’t admitted any wrongdoing but agreed to a $7.5 million class action settlement to resolve the allegations.

Under the terms of the Oklahoma earthquake class action lawsuit settlement, class members can receive a cash payment based on their property location and the amount of property damage they suffered as a result of the quakes.

Zone A includes damaged properties within Pawnee County, Payne County, Noble County, Creek County or Lincoln County. Due to these counties’ proximity to the disposal wells, 75% of the net settlement fund will be used to fund payments to Zone A class members.

Zone B includes damaged properties within Logan County, Oklahoma County, Canadian County, Kingfisher County and Garfield County. Fifteen percent of the net settlement fund will be used to fund payments to Zone B class members.

Zone C includes damaged properties within Oklahoma’s borders but situated outside of Pawnee County, Payne County, Noble County, Creek County, Lincoln County, Logan County, Oklahoma County, Canadian County, Kingfisher County, or Garfield County. Ten percent of the net settlement fund will be used to fund payments to Zone C class members.

Who Is Eligible?

 The settlement benefits individuals, municipalities, county governments or tribal governments who owned property in Oklahoma since April 16, 2013, and whose properties suffered damage from earthquakes, foreshocks and aftershocks.

 How To Be Part of This Settlement

In order to receive a Oklahoma earthquake damage settlement payment, class members must submit a valid claim form by July 17, 2023. The deadline for exclusion was March 20, 2023. The objection deadline is March 27, 2023. The Settlement website ie CushingEarthquakeSettlement.com.

What Is The Pay For This Settlement?

The pay for this settlement varies and the proof of purchase is the documentation of damages.

Conclusion

As you submit your claim to the settlement website CushingEarthquakeSettlement.com, just like Hinduja Global Solutions overtime class action settlement we have reviewed , you’re doing so under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. The final approval hearing for the settlement is scheduled for April 6, 2023.

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