I received a card in the mail regarding GOP, LLC vs Merit Energy Co. it is about a proposed class action settlement. Does anyone know if this is legit and give me more information about it?
The card should have a reference to a website to access detailed data about the lawsuit and terms of settlement. You will be able to see which wells are involved and how the funds will be distributed. You can download all the pages and read them on your computer. Most of these settlements will include your interests unless you actively opt-out by the specified process. The settlement will cover all royalty claims from claim date up through the present. Most royalty owners receive very little, but unless your interests are large, it would not be economic to file your own lawsuit.
Toss it in the trash. You will get a check when it is over.
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