Wright v. Devon Energy Production Company, L.P.
Wright v. Devon Settlement
22-CV-213-KHR

Welcome to the Wright v. Devon Settlement Website

If You Are or Were an Owner Paid by Devon Energy Production Company, L.P. for Oil-and-Gas Production Proceeds from a Wyoming Well, You Could Be a Part of a Proposed Class Action Settlement

Important Update: The Court granted final approval to the Settlement on August 9, 2024. Copies of the Court's Order and other relevant pleadings are available on the Important Documents page.

What is this lawsuit about?

The Litigation seeks damages for Defendant’s alleged failure to pay statutory interest on allegedly late payments under Wyoming law. Defendant expressly denies all allegations of wrongdoing or liability with respect to the claims and allegations in the Litigation. The Court has made no determination with respect to the merits of any of the parties’ claims or defenses.

Who is included?

The Settlement Class in the Litigation consists of the following individuals and entities:

All non-excluded persons or entities owning interests in Wyoming oil and gas wells who:

  1. received Late Payments from Defendant during the Claim Period for proceeds of Wyoming oil or gas production, or whose proceeds for Wyoming oil or gas production were Late Payments sent to escrow by Defendant during the Claim Period, or whose proceeds from Wyoming oil or gas production were Late Payments held in suspense by Defendant and not escrowed or paid during the Claim Period; and
  2. such Late Payments did not include 18% interest.

The Claim Period means checks or payments made or issued by Defendant dated between and including September 29, 2014, through October 15, 2023, and to amounts held in suspense by Defendant and not escrowed or paid on or before December 31, 2023, subject to the terms of the Settlement Agreement regarding Released Claims.

A list of the persons or entities excluded from the Class can be found in the Notice of Proposed Settlement, which is available for download from the Important Documents page.

What does the Settlement provide?

In settlement of all claims alleged in the Litigation, Defendant has agreed to pay Eleven Million Dollars ($11,000,000.00) in cash. The cash payment is referred to as the “Gross Settlement Fund.” The Gross Settlement Fund, less Plaintiff’s Attorneys’ Fees and Litigation Expenses and Administration, Notice, and Distribution Costs, Case Contribution Award, and any other costs approved by the Court (the “Net Settlement Fund”), will be distributed to final Class Members pursuant to the terms of the Settlement Agreement. The Settlement Agreement also includes Future Benefits for the Settlement Class.

YOUR LEGAL RIGHTS AND OPTIONS

These deadlines may be moved, canceled, or otherwise modified, so please check this site regularly for updates.

Do Nothing, Participate in The Settlement

By taking no action, your interests will be represented by Plaintiff as the Class Representatives and Class Counsel. As a Class Member, you will be bound by the outcome of the Settlement, if finally approved by the Court. If you are entitled to a distribution pursuant to the Allocation Methodology, you will receive your portion of the Net Settlement Amount, and you will be bound by the Settlement Agreement and all orders and judgments entered by the Court regarding the Settlement.

Exclude Yourself
received by July 16, 2024
at 5 p.m. CT / 4 p.m. MT
(Passed)

If you do not wish to be a member of the Settlement Class, then you must exclude yourself from the Settlement Class. If you validly request exclusion, you will not receive any distribution from the Net Settlement Fund, you cannot object to the Settlement, and you will not have released any claim against the Released Parties. You will not be legally bound by anything that happens in the Litigation. For more information, see FAQ 6.

Object
received by July 16, 2024
at 5 p.m. CT / 4 p.m. MT
(Passed)

Any Class Member who wishes to object to the fairness, reasonableness, or adequacy of the Settlement, any term of the Settlement Agreement, the Allocation Methodology, the Plan of Allocation, the request for Plaintiffs’ Attorneys’ Fees and Litigation Expenses and Administration, Notice, and Distribution Costs, or the request for Case Contribution Award to the Class Representatives may file an objection. To be valid, your objection must meet certain requirements. For more information, see FAQ 7.

Retain Your Own Attorney

You have the right to retain your own attorney to represent you at the Final Fairness Hearing, which will be held on August 6, 2024, beginning at 2:00 p.m. MT. If you retain separate counsel, you will be responsible to pay his or her fees and expenses out of your own pocket. For more information about the Hearing, see FAQ 4.

For More Information

Visit this website often to get the most up-to-date information.

Call
1-855-208-4127
Email
info@wright-devon.com
Mail
Wright v. Devon Settlement
c/o JND Legal Administration
PO Box 91398
Seattle, WA 98111