Pokorny v. Quixtar Class Action Settlement
Former Quixtar IBOs have been receiving a notice in the mail regarding the Pokorny v. Quixtar Class Action Settlement. Basically, a bunch of ex-IBO’s (Jeff Pokorny, Larry Blenn and Kenneth Busiere) sued Quixtar and certain BSM companies (i.e. tools companies), arguing that they violated several state and federal laws, including:
- Recruiting IBOs in an illegal scheme
- Misrepresenting the amounts of profits that IBOs could earn
- Persuading IBOs to buy overpriced products and business support materials
The settlement exists to avoid the cost and risk of going to trial. If you were an IBO between January 1, 2003 and February 21, 2012, you have a right to a cash payment or free products. Agreeing to be part of the settlement class means that you cannot sue Quixtar nor tools companies regarding these claims in the future. You can also object to the settlement, but you would still be part of the Class — and as a result, cannot sue in the future.
The final option — the one that keeps retains your ability to sue Quixtar and BSMs in the future — is to exclude yourself from the settlement by writing a letter to:
Quixtar Settlement Exclusions/Objections
PO Box 8035
Faribault, MN 55021-9435
Include your name, address, phone number, and a note saying you want to be excluded from the settlement.
More information about the class action lawsuit can be found here: http://quixtarclass.com