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That is pretty much what happened. They said they could send me that check for my "trouble and inconvenience" for my arm injury. When I saw the notation on the check "Full settlement for all claims", I knew I would need help getting this worked out properly ...
So I started to look for a lawyer and 3-4 days later I found one who hit the ground running. He told me to send the check BACK to them marked "VOID", and so I did!!
I never considered depositing/cashing that thing, either.