Frequently Asked Questions

  1. What is the current status of Bell v. Disner?
  2. What is the nature of the case?
  3. What is Class Counsel authorized to do?
  4. If the Receiver is successful in establishing liability against the Class Defendants, what happens next?
  5. Can I contact the Receiver directly in an effort to settle claims against me?


  1. What is the current status of Bell v. Disner?

    This litigation is pending and active. The Receiver filed this lawsuit on February 28, 2014. Certain named defendants moved to dismiss the complaint on grounds that the Receiver did not have jurisdiction over the cause of action, and also on grounds that the complaint was defective. The Court denied the defendants’ motions.

    On motion by the Receiver, the Court certified a class action of net winner defendants on February 10, 2015. On September 14, 2015, the Court appointed J. Kevin Edmundson to act as class counsel.

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  2. What is the nature of the case?

    The Bell v. Disner lawsuit involves allegations that ZeekRewards was effectively a ponzi scheme, and any payments made to “net winners” should be returned to the receivership estate. The Receiver alleges that the “net winners” should be ordered to return funds to the receivership estate under fraudulent transfer and constructive trust theories.

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  3. What is Class Counsel authorized to do?

    Class counsel’s authority derives from the Order Appointing Class Counsel. In essence, class counsel has the authority to defend the “net winner” class against the Receiver’s claims of fraudulent transfer and constructive trust. Class counsel is authorized to direct the work of an expert forensic accounting firm to verify and question, as appropriate, the conclusion that Zeek Rewards was effectively a ponzi scheme.

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  4. If the Receiver is successful in establishing liability against the Class Defendants, what happens next?

    If the Court rules in favor of the Receiver on liability in the Bell v Disner litigation, the Receiver may, and presumably will, seek to obtain specific monetary judgments against the net winners.

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  5. Can I contact the Receiver directly in an effort to settle claims against me?

    Yes. As spelled out in the Order Appointing Class Counsel, and other communications from the Receiver, the Receiver has expressed a willingness to consider voluntary settlements on the Receiver’s claims with ZeekRewards’ net winners and others against whom the Receiver has claims. To date, there have been numerous settlements approved by the Court in which net winners and the Receiver agreed on an amount to be repaid, often with payment terms that allowed the net winner to repay the agreed amount over a number of months. Notwithstanding the appointment of Class Counsel, members of the Net Winner Class and the Receiver are still permitted to discuss a potential settlement of the Receiver’s claims against them even though they have become members of the Net Winner Class.

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You can also find additional information about Bell v. Disner case through the Receiver’s website at www.zeekrewardsreceivership.com.



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