Bonsignore Trial Lawyers, PLLC announces a settlement has been reached in the In re: TelexFree Securities Litigation

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If You Bought a TelexFree AdCentral or AdCentral Family Package, a $22.5 Million Class Action Settlement May Affect Your Rights

WORCESTER, Mass., Dec. 29, 2020 /PRNewswire/ --

• A class action lawsuit brought on behalf of victims of the TelexFree pyramid scheme is currently pending.
• Plaintiffs allege that they were injured as a result of the Defendants' assistance and participation in the TelexFree pyramid scheme. Defendants dispute Plaintiffs' claims.
• A $22.5 million settlement has now been reached in this litigation regarding claims against Fidelity Co-operative Bank ("Fidelity Bank") and John Merrill (together, the "Fidelity Bank Defendants" or "Settling Defendants").
• This is the fourth settlement reached in this litigation. Three settlements were previously reached with nine Defendants and three related third-parties and have received final approval by the Court.
• Your legal rights will be affected whether you act or do not act. The complete Notice, available at www.TelexFreeSettlement.com, includes information on the Fidelity Bank Defendants' settlement and the lawsuit. Please read the entire Notice carefully.
• The Court in charge of this case still has to decide whether to approve the settlement.
• The Notice and additional information translated in a variety of other languages is available by visiting www.TelexFreeSettlement.com You may also call 877-829-4140 to obtain additional information in a variety of other languages. Translators are available upon request.

For More Information visit www.TelexFreeSettlement.com

SOURCE Bonsignore Trial Lawyers, PLLC