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SEC v. Sam M. Antar, et al.

CIVIL ACTION NO. 93-3988 (HAA) United States District Court for the Southern District of New York

Heffler Claims Group was appointed as the Distribution Agent in the SEC v Sam M. Antar, et al. Civil Action No. 93-3988 (HAA) in the United States District Court for New Jersey. On October 21, 2005, Heffler Claims Group distributed $6 million to over 7,700 class members. On March 18, 2009, the firm distributed over $6.75 million to over 7,500 class members in a subsequent distribution of both unclaimed and additional Disgorgement Funds. These distributions were based on claimants who filed in the following two actions: Heffler Claims Administration was appointed to facilitate the Proof of Claim calculation and distribution of the Securities and Exchange Commission v. Eddie Antar, et al. Civil Action No. 89-3773 (JCL) in 1997 and 1998. The two distributions from this litigation entailed over 10,700 claimants receiving distributions with the total combined check amounts of over $55 million. In April, 1993, Heffler Claims Administration mailed approximately 54,000 Notices and Proof of Claim forms to class members in the In Re Crazy Eddie Securities Litigation Action, 87 CIV. 0033 (EHN). The firm received 13,608 claim forms and distributed 11,093 checks to court approved claimants in 1996.

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