Securities Class Action Cases: Quarterly Disbursed Claims – Q1-2018
By Allison Gosman, Senior Marketing Specialist, Financial Recovery Technologies
In Q1-2018, over $1 billion of settlement funds were distributed across 40 settlements, an increase of over 40% from the $737m distributed in Q4-2017. For more information, contact your Financial Recovery Technologies representative or email us.
Top 5 Recently Settled Cases in Q1-2018 (in terms of settlement fund value)
- ComScore, Inc. ($110m)
- J.P. Morgan ($74.5m)
- Marvell Technology Group Limited ($72.5m)
- Terraform Global, Inc. ($57m)
- Focus Media Fair Fund ($55.6m)
Top 5 Disbursed Cases in Q1-2018 (in terms of settlement fund value)
- J.P. Morgan Chase & Company ($150m)
- Cliffs Natural Resources ($84m)
- Treasury Wine Estates ($49m)
- Allco Australia ($40m)
- Penn West Petroleum Limited ($26.5m)
Q1-2018 Disbursed Cases
| Disbursement Date | Case Name | Claim Deadline | Settlement Fund |
|---|---|---|---|
| 3/19/2018 | Bankrate, Inc. | 1/21/2017 | $20,000,000.00 |
| 3/13/2018 | JPMORGAN CHASE & COMPANY | 6/13/2016 | $150,000,000.00 |
| 3/9/2018 | VIVENDI, S.A. | 5/9/2013 | $0.00 |
| 2/26/2018 | ALLCO Australia | 6/30/2017 | $40,000,000.00 |
| 2/26/2018 | UNIVERSAL TRAVEL GROUP, INC. | 3/18/2017 | $4,075,000.00 |
| 2/23/2018 | CLIFFS NATURAL RESOURCES, INC. | 8/8/2016 | $84,000,000.00 |
| 2/20/2018 | CORPORATE RESOURCE SERVICES, INC. | 12/2/2017 | $1,650,000.00 |
| 2/14/2018 | TIBET PHARMACEUTICALS, INC. | 2/27/2017 | $2,075,000.00 |
| 2/13/2018 | COLONIAL BANCGROUP, INC. | 7/27/2015 | $7,900,000.00 |
| 2/13/2018 | NEUSTAR, INC. | 2/3/2016 | $2,625,000.00 |
| 2/9/2018 | HORTONWORKS, INC., | 8/18/2017 | $1,100,000.00 |
| 2/8/2018 | PENN WEST PETROLEUM LIMITED | 11/14/2016 | $26,500,000.00 |
| 2/8/2018 | METLIFE, INC., | 4/6/2017 | $9,750,000.00 |
| 2/6/2018 | PHOTOMEDEX, INC. | 9/10/2015 | $1,500,000.00 |
| 2/1/2018 | TREASURY WINE ESTATES | $49,000,000.00 | |
| 2/1/2018 | A10 NETWORKS, INC, | 2/10/2017 | $9,837,500.00 |
| 1/31/2018 | CASTLIGHT HEALTH, INC. | 11/1/2016 | $9,500,000.00 |
| 1/26/2018 | VITESSE SEMICONDUCTOR CORP | 11/24/2008 | $7,750,000.00 |
| 1/5/2018 | ITT EDUCATIONAL SERVICES, INC. | 3/3/2016 | $12,537,500.00 |
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U.S. CLAIMS I GLOBAL GROUP LITIGATION I ANTITRUST I LITIGATION MONITORING I BUYOUTS
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