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What House Class Members Need to Know

It has come to the firm’s attention that class members in the In re College Athlete NIL Litigation have been contacted by third parties seeking athletes’ signatures on contracts to buy out class members’ settlement claims.

The court approved a process for payment and distribution that does not involve these third parties. Hagens Berman as class counsel is not connected with these companies in any way, and we cannot vouch for their authenticity or intentions. Attorneys at Hagens Berman encourage those who are approached to have a parent, lawyer or trusted advisor help them make this decision.

Please be aware of the following information from our legal team:

  1. Hagens Berman is not endorsing any third-party companies or their practices in this space, and each athlete should speak to an attorney or guardian before signing a contract regarding their claim.
  2. Athletes should be aware of important facts impacting their payment and their ability to make certain representations in contracts:
    1. Payments will be readjusted and recalculated to account for variables including the appeals process, updated data, changes to the claim process and the court’s order on fees and expenses. Amounts could go up or down before they are finalized.
    2. Payment estimates that have been provided to athletes already reflect the deduction of attorneys’ fees that class counsel requested from the court.
  3. The settlement administrator will make secure payments in line with what the athlete requests in their claim form and will not be involved in any dispute or agreement between the athlete and the third party.