Eagle Road Oil Oklahoma earthquakes class action Settlement reviews

Eagle Road Oil Class Action Settlement: Addressing the Consequences of Earthquakes in Oklahoma

Oklahoma is no stranger to seismic activity, but the impact of two significant earthquakes in 2016 caught the attention of affected individuals and led to legal action against Eagle Road Oil. The earthquakes, a 5.8 magnitude quake in Pawnee and a 5.0 magnitude quake near Cushing, resulted in substantial property damage and prompted allegations that the company’s wastewater disposal practices were to blame.

The plaintiffs in the case sought accountability from Eagle Road Oil, claiming that the disposal of fracking wastewater directly caused the earthquakes and subsequent property damage. In response, Eagle Road Oil has agreed to a class action settlement of $850,000 to address these allegations. While the company has not admitted any wrongdoing, this settlement serves as a resolution to the legal dispute.

Understanding the Class Action Settlement

The purpose of the Eagle Road Oil class action settlement is to provide compensation to individuals and entities who owned property in Oklahoma and suffered damages as a result of the Pawnee and Cushing earthquakes. The settlement offers eligible class members the opportunity to recover cash payments based on their proximity to Pawnee and the damages incurred.

The settlement divides claimants into four zones, determined by the distance from Pawnee:

• Zone A: Claimants with damaged properties within 25 miles of Pawnee.
• Zone B: Claimants with damaged properties between 25 and 50 miles from Pawnee.
• Zone C: Claimants with damaged properties between 50 and 100 miles from Pawnee.
• Zone D: Claimants with damaged properties over 100 miles from Pawnee.

The settlement fund will be distributed among these zones, with Zone A claimants having the strongest legal claim and receiving the largest portion of the settlement fund. Zone B, C, and D claimants will also receive payments, albeit in smaller proportions.

Eligibility and Filing a Claim

To be eligible for the Eagle Road Oil class action settlement, individuals and entities must have owned property in Oklahoma since November 15, 2014, and suffered damages due to either the Pawnee earthquake on September 3, 2016, or the Cushing earthquake on November 6, 2016.

To participate in the settlement, eligible class members must submit a valid claim form by December 29, 2022. The claim form requires documentation of the damages incurred, providing evidence of the impact caused by the earthquakes. It is essential to meet the deadline and provide accurate information to ensure a smooth claims process.

The settlement website, PawneeEarthquakeSettlement.com, serves as the platform for submitting claims and accessing detailed information regarding the settlement. Class members should review the terms and requirements outlined on the website to ensure compliance and maximize their chances of receiving compensation.

Conclusion

In conclusion, the Eagle Road Oil class action settlement aims to address the property damage caused by the earthquakes in Pawnee and Cushing, Oklahoma. While Eagle Road Oil has not admitted any wrongdoing, the company has agreed to pay $850,000 to resolve the allegations brought against them.

The settlement provides an opportunity for eligible individuals and entities who owned property in Oklahoma and suffered damages as a result of the earthquakes to receive compensation. The amount of compensation will vary based on the proximity of the property to Pawnee, with Zone A claimants having the strongest legal claim and receiving a larger portion of the settlement fund.

To participate in the settlement, class members must submit a valid claim form by the specified deadline and provide documentation of the damages incurred. It is important to note that submitting a fraudulent claim can harm other eligible class members and is subject to penalties.

The final approval hearing for the Eagle Road Oil settlement is scheduled for Sept. 15, 2022. Following the approval, eligible claimants will receive their respective payments based on the zone in which their damaged property is located.

By seeking resolution through this class action settlement, affected individuals and entities have the opportunity to hold Eagle Road Oil accountable for the alleged consequences of their wastewater disposal practices. The settlement serves as a means to provide compensation and address the property damage caused by the earthquakes.

It is crucial for eligible individuals to review the terms and requirements of the settlement, as outlined on the official settlement website, PawneeEarthquakeSettlement.com, in order to understand the process of filing a claim and receiving the appropriate compensation.

As the final approval hearing approaches, eligible class members are encouraged to take the necessary steps to participate in the settlement and seek the compensation they deserve for the damages they have experienced.

 

Summary

The Eagle Road Oil class action settlement addresses the aftermath of two significant earthquakes that occurred in Oklahoma in 2016. These earthquakes, one in Pawnee and another near Cushing, resulted in extensive property damage and led to legal action against Eagle Road Oil. Plaintiffs alleged that the company’s disposal of fracking wastewater directly caused the earthquakes.

Although Eagle Road Oil has not admitted any wrongdoing, the company has agreed to a $850,000 class action settlement to resolve the claims. The settlement aims to provide compensation to individuals and entities who owned property in Oklahoma and suffered damages as a result of the earthquakes. Eligible class members can recover cash payments based on their proximity to Pawnee and the extent of their damages.

The settlement divides claimants into four zones, with Zone A claimants having the strongest legal claim and receiving the largest portion of the settlement fund. Zone B, C, and D claimants will also receive payments, although in smaller proportions. To participate in the settlement, eligible class members must submit a valid claim form by the deadline, along with documentation of the damages they incurred.

It is crucial for class members to review the terms and requirements outlined on the settlement website, PawneeEarthquakeSettlement.com, in order to understand the process and ensure compliance. By doing so, they can maximize their chances of receiving compensation and hold Eagle Road Oil accountable for the alleged role their wastewater disposal practices played in causing the earthquakes.

As the final approval hearing for the settlement approaches, eligible class members should approach the claims process with integrity. Submitting a fraudulent claim not only risks penalties but also harms other eligible class members. The settlement offers a chance for affected individuals and entities to seek resolution and financial relief for the damages they have suffered.

The Eagle Road Oil class action settlement serves as a significant step towards addressing the consequences of the earthquakes in Pawnee and Cushing, Oklahoma. While the company denies liability, this settlement provides an opportunity for those affected to seek compensation and alleviate the financial burdens caused by the seismic events. By participating in the settlement, eligible class members can seek the compensation they deserve and contribute to the resolution of this legal dispute.