Pulsz.com Settlement: Claim Your Share of the Fund

If you've engaged in purchases on Pulsz.com or Pulszbingo.com while in Kentucky, you might be eligible for a portion of a class action settlement. This settlement addresses allegations against Yellow Social Interactive Ltd. regarding the sale of virtual coins, which the company has denied. As a potential class member, you have the opportunity to claim an award from the settlement fund. This comprehensive guide will provide you with all the necessary details to understand your rights and the steps you need to take.

Who Benefits? Those who qualify as a class member.

How much can I get? Class members are entitled to a share of the settlement award.

Important Dates

• Fairness Hearing: The fairness hearing took place on December 11, 2023.
• Deadline to File a Claim: The deadline to submit a claim was January 29, 2024.

Eligibility Criteria for Class Members

To be considered a class member, you must have spent $5.00 or more within a 24-hour period on Pulsz.com from October 2, 2020, to November 3, 2022, or on Pulszbingo.com from July 20, 2022, to February 9, 2023. It's essential to have detailed records of your transactions to establish your claim.

• Residents of the Commonwealth of Kentucky who made qualifying purchases on the Platforms.

There are no exclusions mentioned for class members, indicating that all who meet the criteria are eligible to participate in the settlement.

Understanding the Awards

Class members are entitled to a share of the settlement fund. The amount you may receive will depend on the total dollar amount of your in-game purchases and the number of claims submitted.

• Higher Spend, Higher Share: Those who spent more will receive a higher percentage back.
• Proportional Distribution: The distribution is designed to be fair and proportional to the amount spent by each claimant.

The Heart of the Settlement: Virtual Coins

The settlement centers on the sale of virtual coins on Pulsz.com and Pulszbingo.com. These platforms allowed users to engage in in-game purchases, which are now the focal point of the class action settlement.

Is Proof Required to Claim the Reward?

Yes, claimants are required to provide proof of their in-game purchases to qualify for an award.

How to Claim Your Award

To claim your award, you must have submitted a properly completed claim form by the deadline. For future reference, claims could have been submitted via the official settlement website at Pulsz Platforms Settlement Claim Form.

Analysis of the Settlement Fund

The settlement fund was created to compensate class members for their purchases. The allocation of the fund is based on a tiered system, reflecting the amount spent by each claimant. The exact formula for distribution considers the total purchases made by each class member relative to the overall amount claimed.

The Rationale Behind the Settlement

The class action settlement was initiated to address allegations of improper sale of virtual coins by Yellow Social Interactive Ltd. The company has denied these claims and any wrongdoing but agreed to the settlement to avoid the uncertainties of ongoing litigation. This agreement allows class members to receive compensation and the company to move forward without the cloud of legal uncertainty.

This comprehensive overview aims to inform potential class members about their rights and the details of the Pulsz.com class action settlement. If you believe you are a class member and have not filed a claim, it is recommended to stay informed about any future settlements or legal actions that may pertain to your rights.