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Former President Gerald R. Ford recalls that when he was a University of Michigan student in the 1930s , he used to stroll past the large lot on State and Hill streets that soon will become the new home of the school that bears his name . They were : the $ 2.7 billion settlement paid to shareholders in the AOL Time Warner class action , the $ 1.1 billion Royal Ahold NV settlement and two separate $ 1.1 billion settlements resulting from two Nortel Networks class action cases . In 1995 , he accepted the presidency of the Battle Creek-based W.K . Under the terms of the Court-Approved Plan of Allocation , when all Class Members have received payment for all their claims , any money remaining in the Settlement Fund will be distributed on a pro-rata basis to Class Members who have already made claims and received payments under the claims process . Judge John Gleeson appointed a Special Master to mediate this dispute and this mediation resulted in the following proposed settlement . Richardson is president emeritus of Johns Hopkins University and was for 10 years president of the W.K . Judge Giambastiani concluded that Kumpf 's service as an armed Nazi SS guard " unquestionably establishes by clear and convincing evidence that he was actively and personally involved in the persecution of others .