Thread: 5% Holdback
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Old 02-12-2018 | 03:41 AM
  #8  
Spicy McHaggis
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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.
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