World Aquatics, formerly known as FINA, has agreed to a $4.6 million settlement to resolve allegations that it violated antitrust laws by preventing swimmers from participating in International Swimming League (ISL) events.
Max Claim:
Depending on est. losses
Shields, et al. v. Fédération Internationale de Natation is a class action lawsuit alleging that World Aquatics, formerly known as FINA, prevented swimmers from participating in events organized by the International Swimming League (ISL), limiting their opportunities to earn appearance fees and prize money. World Aquatics denies the claims alleged in the lawsuit but agreed to a settlement of $4.6 million to compensate eligible swimmers.
The amount awarded to each eligible swimmer will be based on the estimated amounts each swimmer would have earned in prize money and appearance fees for the canceled events in 2018 and 2019. Additionally, World Aquatics will not maintain or enforce any rule, policy, or practice that restricts or penalizes any swimmer's participation in otherwise acceptable events simply because they are affiliated with an organization other than World Aquatics.
You may be eligible if you signed a contract with the International Swimming League (ISL) to participate in the ISL's December 2018 event in Turin, Italy or to participate in ISL events in the 2019 season.
Swimmers who had contracts to compete in the canceled December 2018 ISL event in Turin, Italy.
Swimmers who had contracts for the 2019 ISL season.
Payment amounts will be based on the estimated amounts that each swimmer would have earned in prize money and appearance fees for participating in the canceled events, after deducting costs and attorneys' fees.
A settlement fund of $4,627,084 has been established to compensate eligible swimmers.
The fund will be distributed to class members based on the amounts that is estimated they would have received in prize money and appearance fees, after deductions for costs and attorneys' fees.
Submit your claim through the official settlement website to receive your portion of the settlement.
Our mission is to help people get the compensation they deserve. We are providing this information and a direct link to the official site to ensure you don't miss out on money you may be owed. However, this will mean that claims submitted for this settlement will not be reviewed, monitored, or have additional support from ClaimsHero.
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You must file your claim directly on the official settlement website, which is managed by the court-appointed claims administrator. The only place to submit your claim is through the link provided above.
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If you have more questions, please visit the official website of this settlement and contact the claims administrator.
