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 DateCase NameClaim DeadlineSettlement Fund
3/19/2018Bankrate, Inc.1/21/2017$20,000,000.00
3/13/2018JPMORGAN CHASE & COMPANY6/13/2016$150,000,000.00
3/9/2018VIVENDI, S.A.5/9/2013$0.00
2/26/2018ALLCO Australia6/30/2017$40,000,000.00
2/26/2018UNIVERSAL TRAVEL GROUP, INC.3/18/2017$4,075,000.00
2/23/2018CLIFFS NATURAL RESOURCES, INC.8/8/2016$84,000,000.00
2/20/2018CORPORATE RESOURCE SERVICES, INC.12/2/2017$1,650,000.00
2/14/2018TIBET PHARMACEUTICALS, INC.2/27/2017$2,075,000.00
2/13/2018COLONIAL BANCGROUP, INC.7/27/2015$7,900,000.00
2/13/2018NEUSTAR, INC.2/3/2016$2,625,000.00
2/9/2018HORTONWORKS, INC.,8/18/2017$1,100,000.00
2/8/2018PENN WEST PETROLEUM LIMITED11/14/2016$26,500,000.00
2/8/2018METLIFE, INC.,4/6/2017$9,750,000.00
2/6/2018PHOTOMEDEX, INC.9/10/2015$1,500,000.00
2/1/2018TREASURY WINE ESTATES$49,000,000.00
2/1/2018A10 NETWORKS, INC,2/10/2017$9,837,500.00
1/31/2018
CASTLIGHT HEALTH, INC.11/1/2016$9,500,000.00
1/26/2018VITESSE SEMICONDUCTOR CORP11/24/2008$7,750,000.00
1/5/2018ITT EDUCATIONAL SERVICES, INC.3/3/2016$12,537,500.00

About FRT

U.S. CLAIMS  I  GLOBAL GROUP LITIGATION  I  ANTITRUST  I  LITIGATION MONITORING  I  BUYOUTS

Founded in 2008, Financial Recovery Technologies (FRT) is the leading technology-based services firm that helps the investment community identify eligibility, file claims and collect funds made available in securities and other class action settlements. Offering the most comprehensive range of claim filing and monitoring services available, we provide best-in-class eligibility analysis, disbursement auditing and client reporting, and deliver the highest level of accuracy, accountability and transparency available. For more information, go to www.frtservices.com.

This communication and the content found by following any link herein are being provided to you by Financial Recovery Technologies (FRT) for informational purposes only and does not constitute advice. All material presented herein is believed to be reliable but FRT makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. Opinions expressed in this communication may change without prior notice. Firms should always seek legal and financial advice specific to their unique situation and objectives.

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Ally GosmanAlly Gosman

Sr. Marketing Specialist

Andrew LaskyAndrew Lasky

Legal Product Specialist

Jenn RothenbergJenn Rothenberg

VP of Marketing

Mike LangeMike Lange

Securities Litigation Counsel

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