PR87429

WORCESTER, Mass., Dec. 30, 2020 /PRNewswire=KYODO JBN/ --

-- If You Bought a TelexFree AdCentral or AdCentral Family Package, a $22.5

Million Class Action Settlement May Affect Your Rights

    -- A class action lawsuit brought on behalf of victims of the TelexFree

       pyramid scheme is currently pending.

    -- Plaintiffs allege that they were injured as a result of the Defendants'

       assistance and participation in the TelexFree pyramid scheme. Defendants

       dispute Plaintiffs' claims.

    -- A $22.5 million settlement has now been reached in this litigation

       regarding claims against Fidelity Co-operative Bank ("Fidelity Bank")

       and John Merrill (together, the "Fidelity Bank Defendants" or "Settling

       Defendants").

    -- This is the fourth settlement reached in this litigation. Three

       settlements were previously reached with nine Defendants and three

       related third-parties and have received final approval by the Court.

    -- Your legal rights will be affected whether you act or do not act. The

       complete Notice, available at www.TelexFreeSettlement.com, includes

       information on the Fidelity Bank Defendants' settlement and the lawsuit.

       Please read the entire Notice carefully.

    -- The Court in charge of this case still has to decide whether to approve

       the settlement.

    -- The Notice and additional information translated in a variety of other

       languages is available by visiting www.TelexFreeSettlement.com You may

       also call 877-829-4140 to obtain additional information in a variety of

       other languages. Translators are available upon request.

                      YOUR LEGAL RIGHTS AND OPTIONS

OBJECT BY                               Submit your objection explaining why you disagree

JANUARY 11, 2021                   with the settlement and/or the requested

                                                  attorneys' fees, litigation expenses, and

                                                  incentive awards.

EXCLUDE YOURSELF BY          This is the only option that allows you to

JANUARY 11, 2021                     individually sue the Settling Defendants about the

                                                   claims asserted in this case. You will no longer

                                                   be a member of the Settlement Class and you will

                                                   not receive any funds from this settlement.

GO TO THE HEARING ON         Ask to speak in Court about any aspect of the

FEBRUARY 26, 2021                 settlement and/or the requested attorneys' fees,

                                                  litigation expenses, and incentive awards.

DO NOTHING                            You will remain a member of the Settlement Class.

                                                  You will give up any rights you currently have to

                                                  separately sue the Settling Defendants for the

                                                  conduct that is the subject of the lawsuits.

For More Information visit www.TelexFreeSettlement.com

SOURCE Bonsignore Trial Lawyers, PLLC

CONTACT: Robert Bonsignore, 781-350-0000