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)
- Wells Fargo – Case No. 3:16-CV-05479-JST ($1b)
- Kraft Heinz ($450m)
- Wells Fargo – Case No. 3:18-cv-03948-JD ($300m)
- Cardinal Health ($109m)
- Grupo Televisa ($95m)McKesson Corp ($141m)
Top 3 Claims Admins in Q2-2023 (based on settlement fund value for settled cases)
- Epiq (4 Settled Cases = $1.056b)
- Gilardi & Co (8 Settled Cases = $539m)
- JND (2 Settled Cases = $468m)
Top 5 Disbursed Cases in Q2-2023 (based on settlement fund value)
- Steinhoff Dutch Foundation ($865m)
- Luckin Coffee ($175m)
- Novastar Mortgage ($165m)
- Stamps.com ($100m)
- Altria Group ($90m)
Q2-2023 Disbursed Cases
| Disbursement Date | Case Name | Claim Deadline | Settlement Fund |
|---|---|---|---|
| 06/20/2023 | SASOL LTD | 07/05/2022 | $24,000,000.00 |
| 06/16/2023 | AMYRIS INC | 10/25/2022 | $13,500,000.00 |
| 06/14/2023 | CONNECTURE INC | 08/25/2022 | $2,800,000.00 |
| 06/12/2023 | EXACTECH INC | 07/05/2022 | $5,600,000.00 |
| 06/09/2023 | MICROCHIP TECHNOLOGY INC. | 07/20/2022 | $9,000,000.00 |
| 06/05/2023 | CANOPY GROWTH CORP | 06/14/2022 | $13,000,000.00 |
| 06/01/2023 | CPI AEROSTRUCTURES INC | 09/26/2022 | $3,600,000.00 |
| 05/30/2023 | RECRO PHARMA, INC. | 10/08/2022 | $1,400,000.00 |
| 05/26/2023 | LUCKIN COFFEE INC | 03/15/2022 | $175,000,000.00 |
| 05/24/2023 | NAVIENT CORP | 04/13/2022 | $35,000,000.00 |
| 05/23/2023 | FUQI INTERNATIONAL, INC. | 11/24/2017 | $1,100,000.00 |
| 05/22/2023 | DAIMLER AG | 02/07/2021 | $19,000,000.00 |
| 05/22/2023 | INTERSECT ENT INC | 11/18/2021 | $1,900,000.00 |
| 05/19/2023 | ENDO INTERNATIONAL PLC | 11/14/2019 | $50,000,000.00 |
| 05/17/2023 | ARRAY BIOPHARMA INC. | 08/17/2021 | $8,500,000.00 |
| 05/12/2023 | ALTRIA GROUP INC | 04/05/2022 | $90,000,000.00 |
| 05/10/2023 | STEINHOFF DUTCH FOUNDATON | 05/15/2022 | $865,000,000.00 |
| 05/09/2023 | BRISTOW GROUP INC | 07/06/2021 | $6,250,000.00 |
| 05/08/2023 | ATERIAN INC | 08/10/2022 | $1,300,000.00 |
| 05/02/2023 | GRANA Y MONTERO S.A.A. | 01/13/2021 | $20,000,000.00 |
| 05/02/2023 | NAVIENT CORPORATION | 03/22/2022 | $7,500,000.00 |
| 04/28/2023 | GENERAL ELECTRIC CAPITAL CORP | 09/14/2020 | $5,000,000.00 |
| 04/24/2023 | VEECO INSTRUMENTS INC | 03/22/2022 | $15,000,000.00 |
| 04/24/2023 | INTRUSION INC | 10/31/2022 | $3,250,000.00 |
| 04/24/2023 | NMC HEALTH PLC | 07/15/2022 | $300,000.00 |
| 04/24/2023 | NMC HEALTH PLC | 03/05/2022 | $190,000.00 |
| 04/24/2023 | NMC HEALTH PLC | 10/30/2021 | $120,000.00 |
| 04/21/2023 | RELIQ HEALTH TECHNOLOGIES INC | 07/21/2022 | $2,500,000.00 |
| 04/17/2023 | NOVASTAR MORTGAGE, INC | 09/06/2017 | $165,000,000.00 |
| 04/17/2023 | JIANPU TECHNOLOGY INC | 04/28/2022 | $7,500,000.00 |
| 04/14/2023 | RESTORATION ROBOTICS, INC | 10/23/2021 | $4,175,000.00 |
| 04/10/2023 | DIPLOMAT PHARMACY INC | 04/27/2022 | $15,500,000.00 |
| 04/07/2023 | QUALITY DISTRIBUTION, INC | 12/17/2021 | $3,250,000.00 |
| 04/05/2023 | STAMPS.COM INC | 02/02/2022 | $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 www.frtservices.com.
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