Originally Posted by
sleeves
Did ALPA win or lose the lawsuits? Anyone know?
I heard (yeah don't remember where) it was "settled". Not sure if that means won or lost.
My 5% number sure seems smaller than what it was before.
Figuring out what 5% of tranche 1 is then comparing it to the remaining amount, I lost about $350. That's a decrease of about ~1% from the total Overall Lump Sum Payment. It was a little less than one percent, but I can only count on my fingers and toes.
The total collective considered earnings are $2.46 billion, so the total cost of the lawsuit, however it was decided, would be about $2.3 million if that ~1% deduction is distributed as an percentage evenly across the board.