Jeunesse RICO class-action settlement receives preliminary approval

Back in August it emerged that Jeunesse and the represented class had reached a settlement.

Following a hearing on September 12th, the proposed settlement agreement has received preliminary approval.The terms of the settlement will see eligible Jeunesse class victims share in $2.5 million, after the class’ attorney fees are paid.

Eligibility for class membership covers Jeunesse distributors who signed up after January 1st, 2010 and lost money.

Looking forward, a Final Fairness Hearing will be scheduled “in the second week of January” 2019.

If that hearing goes smoothly the proposed settlement will proceed, starting with the appointment of a Claims Administrator.

The Claims Administrator will then set up a website, through which Jeunesse victims will be able to file claims through.

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