How much of the total assessment is being refunded to previous fund members?
On December 21, 2007, the Receiver refunded $11,000,000.20 to Caduceus fund members who had paid either a portion or the entirety of the levied assessments. This $11,000,000.20 refund represented 73.3424% of the $14,998,140 in assessment principal and interest previously collected from fund members. On December 23, 2009, the Receiver refunded $3,998,139.80 to Caduceus fund members who had paid either a portion or the entirety of the levied assessments. This $3,998,139.80 refund represented the remaining 26.6576% of the $14,998,140 in assessment principal and interest previously collected from fund members.
