Picone Advisory Group serves as neutral claims administrator for food products company
After an outbreak of salmonella in beverage products manufactured by two separate companies, Picone Advisory Group was called in to analyze the situation and serve as a neutral claims administrator.
We assisted in the settlement negotiations and developed settlement structures—distributing settlement documentation packages to all approved claimants, collecting settlement documentation and processing settlement payments for all approved claimants.
We issued a final report to the court, plaintiff class members and defendants.
Preserved both defendant companies as ongoing entities saving hundreds of U.S. jobs.