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Dear Faculty, Staff, Parents, and Friends of AOA,
Andrews Osborne Academy (AOA) is pleased to announce that the academy is one of the recent organizations to be awarded Cy Pres funds from Dworken and Bernstein, Co., L.P.A. The school will be presented a $50,000 check on Thursday, May 31st at a formal check presentation ceremony proceeding the Field Day Event at 8 a.m. on the steps of the Osborne Building.
Below is an excerpt from a press release distributed earlier today.
"We are honored to be the recipient of Ohio Lawyers Give Back funds," says Charles Roman, head of school at Andrews Osborne Academy. "Such a significant donation allows us to offer additional financial aid packages to students who would otherwise not be able to attend an independent school. This is a wonderful way to give back to our community and we thank Dworken and Bernstein for helping to make that a reality," adds Roman.
About Ohio Lawyers Give Back:
Ohio Lawyers Give Back was founded by Dworken & Bernstein Co., L.P.A. to promote the use of cy pres in class action settlements. When a class action is settled, plaintiff and defendant agree to a fund amount to pay all class members. Since many class members have moved, passed-away, or can't be found, millions of settlement dollars go unclaimed. That settlement money is intended to benefit the class-rather than revert to the wrongdoing defendant-so the ancient doctrine of cy pres is now being used to distribute the unclaimed money to charities and non profits.
Over $25 million dollars has already been distributed, just by the sponsors, a single law firm. Dworken & Bernstein Co., L.P.A. has been a member of the legal and business community in Northeastern Ohio since 1959. In its second century of practice, Dworken & Bernstein has a reputation of focusing on its clients but also the community.
I hope you can join us for the formal check presentation before the kick-off of Field Day tomorrow. Please stay for the Field Day activities -- we can always use parent volunteers -- and don't forget to come back for the picnic lunch at 11:45 a.m. The AOAPA will also be closing out their auction and we have a lot of fun activities planned for everyone!
Warmest regards,
Chuck
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