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"I think this will go a long way," Angelucci Nike Air Max 95 Navy Blue And White

Who audited the amount and why the heck are attorney's getting almost $20,000,000. Maybe the attorney general should have taken the lead in getting Member money back Cobb EMC leadership violated state law, didn't they ?

MARIETTA A four year battle a judge called "trench warfare at its worst" over a class action lawsuit alleging that Cobb Electric Membership Corp. withheld millions of dollars from customers ended Tuesday morning.

This sucks ! The Cobb EMC holds our money illegally for 30 plus years and now wants us to settle for a discounted amount or wait 20 plus years. Cobb EMC should be paying it's members interest on member money withheld illegally over all of these years, not a discount.

The Cobb Board of Education has been offered the largest payout. It opted to take an immediate lump sum of $1.8 million. If the board had chosen to receive payments over 24 years, it would have received $5.15 million.

"These public entities have benefitted very much so from this litigation," said Hylton Dupree, attorney for current EMC members, of Marietta based Dupree Kimbrough LLP.

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At the end of each year, the EMC places its excess revenue in a capital account where it is assigned to the members based on how much electricity they use.

Still, it's a needed boost for the school system facing an $80 million shortfall.

´╗┐Cobb EMC 100 million settlement of class action suit OK d

Until the lawsuit was filed in 2010, the last time Cobb EMC refunded capital credits to its members was in 1976, when it returned $500,000.

Nonprofits will also get a check. The YMCA of Cobb has been offered a one time payout of $38,419 or $182,084 over 24 years.

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yearly basis over 24 years.

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said.

The suit says that $286 million should have been returned to members but instead was kept. An estimated 900,000 customers are now owed money. The EMC has offered a settlement to pay $98 million, about one third of what the suit says it owes.

Air Max All White On Feet

Air Max All White On Feet

Air Max All White On Feet

Cobb EMC will pay $19.8 million in attorneys' fees.

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yet how it will spend the cash or when it will receive a check, said school board Chairwoman Kathy Angelucci, who sat in court Tuesday next Air Max All White On Feet to Vice Chairman Randy Scamihorn.

The district isn't sure Air Max Orange Black White

Payouts range from fewer than $100 to several million dollars. Members can choose to receive an immediate payout of a portion of their capital credits or to receive the full amount on a Air Max Floral Blue

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Cobb Superior Court Judge Stephen Schuster signed off on the $100 million settlement Tuesday that is the largest class action settlement in Cobb County's history.

The Cobb Board of Commissioners is another top customer offered a lump sum of almost $1.6 million or a staggered payment of $4.9 million.

Judge, common sense tells this Cobb EMC Member that this is a really bad deal based on illegal actions who is going to jail Judge and why did you approve such an preposterous settlement ?

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