Securities Class Action Cases: Quarterly Disbursed Claims – Q2-2023

In Q2-2023, over $2.3 billion settled and over $1.6 billion was disbursed back to investors. For more information, contact your Financial Recovery Technologies representative or email us.

Top 5 Recently Settled Cases in Q2-2023 (based on settlement fund value)

  1. Wells Fargo – Case No. 3:16-CV-05479-JST ($1b)
  2. Kraft Heinz ($450m)
  3. Wells Fargo – Case No. 3:18-cv-03948-JD ($300m)
  4. Cardinal Health ($109m)
  5. Grupo Televisa ($95m)McKesson Corp ($141m)

Top 3 Claims Admins in Q2-2023 (based on settlement fund value for settled cases)

  1. Epiq (4 Settled Cases = $1.056b)
  2. Gilardi & Co (8 Settled Cases = $539m)
  3. JND (2 Settled Cases = $468m)

Top 5 Disbursed Cases in Q2-2023 (based on settlement fund value)

  1. Steinhoff Dutch Foundation ($865m)
  2. Luckin Coffee ($175m)
  3. Novastar Mortgage ($165m)
  4. ($100m)
  5. Altria Group ($90m)

Q2-2023 Disbursed Cases

Disbursement DateCase NameClaim DeadlineSettlement Fund
06/20/2023SASOL LTD07/05/2022$24,000,000.00
06/16/2023AMYRIS INC10/25/2022 $13,500,000.00
06/14/2023CONNECTURE INC08/25/2022$2,800,000.00
06/12/2023EXACTECH INC07/05/2022$5,600,000.00
06/09/2023MICROCHIP TECHNOLOGY INC.07/20/2022$9,000,000.00
06/05/2023CANOPY GROWTH CORP 06/14/2022$13,000,000.00
06/01/2023CPI AEROSTRUCTURES INC09/26/2022$3,600,000.00
05/30/2023RECRO PHARMA, INC.10/08/2022$1,400,000.00
05/26/2023LUCKIN COFFEE INC03/15/2022$175,000,000.00
05/24/2023NAVIENT CORP04/13/2022$35,000,000.00
05/23/2023FUQI INTERNATIONAL, INC.11/24/2017$1,100,000.00
05/22/2023DAIMLER AG02/07/2021$19,000,000.00
05/22/2023INTERSECT ENT INC11/18/2021$1,900,000.00
05/19/2023ENDO INTERNATIONAL PLC11/14/2019$50,000,000.00
05/17/2023ARRAY BIOPHARMA INC.08/17/2021$8,500,000.00
05/12/2023ALTRIA GROUP INC04/05/2022$90,000,000.00
05/10/2023STEINHOFF DUTCH FOUNDATON05/15/2022$865,000,000.00
05/09/2023BRISTOW GROUP INC07/06/2021$6,250,000.00
05/08/2023ATERIAN INC08/10/2022$1,300,000.00
05/02/2023GRANA Y MONTERO S.A.A.01/13/2021$20,000,000.00
05/02/2023NAVIENT CORPORATION03/22/2022$7,500,000.00
04/28/2023GENERAL ELECTRIC CAPITAL CORP09/14/2020$5,000,000.00
04/24/2023VEECO INSTRUMENTS INC03/22/2022$15,000,000.00
04/24/2023 INTRUSION INC10/31/2022$3,250,000.00
04/24/2023NMC HEALTH PLC07/15/2022$300,000.00
04/24/2023NMC HEALTH PLC03/05/2022$190,000.00
04/24/2023NMC HEALTH PLC10/30/2021$120,000.00
04/21/2023RELIQ HEALTH TECHNOLOGIES INC07/21/2022$2,500,000.00
04/17/2023 NOVASTAR MORTGAGE, INC09/06/2017$165,000,000.00
04/17/2023JIANPU TECHNOLOGY INC04/28/2022$7,500,000.00
04/14/2023 RESTORATION ROBOTICS, INC10/23/2021$4,175,000.00
04/10/2023DIPLOMAT PHARMACY INC 04/27/2022$15,500,000.00
04/07/2023 QUALITY DISTRIBUTION, INC12/17/2021$3,250,000.00
04/05/2023STAMPS.COM INC02/02/2022$100,000,000.00


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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

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