Potential Compensation for Oklahoma Residents Affected by Earthquakes: What You Need to Know

Compensation for Oklahoma Earthquake Damage

If you have experienced property damage due to earthquakes in Oklahoma, particularly from the significant seismic events that occurred on or after January 19, 2019, it is critical to pay attention to a recent announcement from Poynter Law Group. The firm indicates that you may qualify for financial compensation as part of a class action settlement.

Background of the Settlement

The class action lawsuit relates to seismic disturbances, including the notable 5.1 magnitude earthquake near Prague, Oklahoma, which occurred on February 2, 2024. This earthquake, along with others occurring during the defined Settlement Class Period (January 19, 2019, until the effective date), has prompted legal action against certain companies accused of improperly managing wastewater disposal wells, which allegedly contributed to these earthquakes.

Settlement Amount

A total of $555,000 has been earmarked for those who meet the eligibility criteria, underlining the seriousness with which these claims are treated. The defendants in this case—Spess Oil Company, Circle 9 Resources, and Culbreath Oil & Gas Co., Inc.—will officially resolve any claims related to earthquake damages that fit within the specified timeline.

Who is Eligible?

If you owned or had a vested interest in residential or commercial properties located in Oklahoma during the Settlement Class Period and sustained damages due to earthquakes, you may be eligible for compensation. It is essential to verify that the damage you experienced falls within the scope defined by the settlement conditions.

How to File a Claim

To receive a payout from the settlement, you must file a Claim Form before January 25, 2026. This form can be conveniently filled out online via the official settlement website: www.OklahomaEarthquakesLawsuits2024.com. There is also an option to print the form and send it in via mail.

Important Resources

For those looking for additional information, the settlement website offers comprehensive details about the severity and common types of claims being processed. If you require immediate assistance or have questions, you can reach out to the Settlement Administrator at 1-888-777-6403.

Class Counsel, Scott Poynter, can also be contacted for further inquiries at [email protected] or through his office at 501-812-3943. It is advisable to act promptly and review the necessary materials carefully to ensure your application is submitted correctly and on time.

Conclusion

This opportunity offers potential relief for many Oklahoma residents who have suffered due to natural disasters exacerbated by human activities. As deadlines approach, it’s vital to gather the necessary documents and stay informed about these proceedings to secure the compensation you deserve for the damages occurred.

For ongoing updates or changes in the settlement process, keep an eye on the official website and stay engaged with local news that may provide more insights into this crucial development for earthquake-affected individuals in Oklahoma.