If you are a Settlement Class Member and submitted a claim, Defendants will reimburse you for your purchases of Ginkgold and Ginkgold Max. If you have proof of purchase, as described in the claim form, you will be reimbursed for purchases of Ginkgold and Ginkgold Max you made in California from July 7, 2011 and October 1, 2020, and anywhere else in the United States from January 1, 2016 and October 1, 2020. If you do not have proof of purchase, you will be reimbursed for up to three purchases. Reimbursement is based on a blended average retail price of the Ginkgold or Ginkgold Max products purchased up to $18 or $33, depending on the product version purchased. The payment of valid claims may be increased or decreased on a pro rata basis depending on the total value of the claims made.
Any money remaining in the $3,375,000 Settlement Fund after payment of settlement notice and administration, attorneys’ fees and costs (of up to 33% of the Settlement Fund), a Class Representative incentive payment (of up to $5,000) awarded by the Court, and valid Settlement Class Member claims, will be paid via the cy pres doctrine to the American Brain Foundation.