Mass Tort / Class Action Settlement Administration

Global Settlement Management

One of Gentle Turner & Sexton’s most significant areas of practice involve its service as Claims Administrator for the Monsanto PCB Settlement in Anniston, Alabama, and as Escrow Agent and Special Master for Multi-District Litigation.

Below are a few of the Firm’s general duties as the Claims Administrator for the Monsanto PCB Settlement:

  • Determination of a claimant payment matrix.
  • PCB blood testing.
  • Determination of claimant eligibility for benefits and issue payment checks.
  • Handling all tax, financial and accounting aspects of the settlement fund.

Below are a few of the Firm’s general duties as the Escrow Agent in MDL 926:

  • Claims payment and administration services for class actions.
  • Issuing and reissuing claimant benefit payments.
  • Paying vendors and professionals providing goods and services to Settlement Funds.
  • Oversight of Settlement Fund investments.
  • Preparing monthly, quarterly and annual financial reports of
    • A) Payments made to and from the various funds and
    • B) Investment results of the various funds.
  • Quarterly and Annual Financial Statements, Annual Income Tax Returns and Annual Fiduciary Financial Accounting for the Court.
  • Projecting the periodic replenishment amounts needed by the Settlement Funds to pay claimants and vendors.
  • Tax planning for the Settlement Funds.

Special Master

The Firm also serves as Special Master to the Protogen sling MDL, resolving disputed settlement amounts.