I got the same letter and refund check...
Want to know the kicker?
I never filled out a refund request (in any form).
They are FORCING REFUNDS for batch1.
Expect your letter whether you want it or not. We now get to enjoy the forced 90% loss of investment plus the tax hit.
They are creating evidence for the legal retaliation. They will use that to argument in court they were complying with the FTC rules.