Kristen Breitweiser

Well, the problem is in the actual purchase agreements, again, according to the SEC documents, the underlying purchase agreements of the Iranian judgments of these military families

The second line of collateral security guaranteeing the rate of return between 13% and I think 62% is this fund that was created by the Department of Justice.

What?

Guaranteeing the profits to the hedge funds.

The fund is a guarantor?

Yes.

The third line of collateral security, according to the SEC documents, is the law firm's receivables.

So that means if the fund doesn't churn and burn and provide that profit, then the lawyer's receivables get raided so that the hedge fund investors make their return.

So you can see there that there's an impetus, a drive for the attorneys not to want that third line to get tapped.

They want the money to come from the fund because then it's not coming out of the attorney's pocket, right?

So that's why the widows and kids, in my opinion, were not allowed to go into this fund and be compensated for our Iran judgments, even though we are the nation's largest group of victims of terrorism, the 9-11 widows and kids.

We're blocked in this fund.

We're not allowed in.

Takes us three years to get the widows and kids in.

We get into the fund and the law is written by Senator Menendez with the support of Senator Schumer and others so that the money is split in a way that continues to maximize the profits to the hedge fund, okay?

Then two years later,

Because the widows and kids were wrongfully excluded from being compensated in this fund in 2015, we were owed a catch-up payment.

I came up with the name.

It was a lump sum catch-up payment.

I'm like, you wrongfully excluded us.