We are an omnibus account holder but we have not previously been notified of our responsibilities under the provisions of the settlement. What are our options now?
If the total distribution is $1,000.00 or more you have 3 options: Option 1 As the Omnibus account holder, you could use the allocation methodology that was developed for this distribution plan and apply it to your existing accounts. This would ensure that your accounts receive the correct amount. You must notify Navigant Consulting, Inc. in writing that you will distribute the proceeds in accordance with the Plan. Option 2 Provide all the necessary information to the Fund Administrator, Boston Financial, so that we may apply the methodology to your accounts. You have to notify Boston Financial within 30 days of receiving the mailing and provide all information in machine-readable form. Boston Financial would perform the calculation but you would remain responsible for the distribution. Option 3 As the Omnibus account holder you can elect to not distribute the settlement proceeds. All unclaimed funds will then be made available to other shareholders for a secondary distribution. The se
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