US DOJ appoints Full Tilt Claims Administrator

In August of last year, PokerStars settled with the DOJ and as a part of that deal forfeited us$ 547 million to the United States government to repay victims in the United States. “The Garden City Group brings a track record of handling the administration of some of the country’s largest and most complicated settlements,” said Manhattan U.S. Attorney Preet Bharara. “With their selection, we take a significant step forward in the process of compensating victims of the Full Tilt Poker scheme.”

According to a press release issued by the DOJ: “GCG is a class-action settlement and bankruptcy administration company that has provided comprehensive legal administration services for nearly three decades. GCG has worked on numerous complex administrations, including the Gulf Coast Claims Facility; the Deepwater Horizon Economic and Property Damage Settlement; the Visa Check/MasterMoney Antitrust Litigation; the WorldCom Securities Litigation; and the IPO Securities Litigation.”

While further information regarding the repayment process was not available, the press release did state that a dedicated website, www.FullTiltPokerClaims.com, had been established by the GCG to help facilitate victim compensation and that the “victim claims process will begin shortly.”