Securities Class Action Cases: Quarterly Disbursed Claims – Q3-2017
By Jenn Rothenberg, VP of Marketing
In Q3-2017, over $1.92 billion of settlement funds were distributed, across 37 settlements. For more information, contact your Financial Recovery Technologies representative or email us.
Top 5 Recently Settled Cases in Q3-2017 (in terms of settlement fund value)
- J.P. Morgan RMBS Bulk Settlement Practice Fair Fund ($222m)
- Clovis Oncology, Inc. ($142m)
- J.C. Penney Company, Inc. ($97.5m)
- Ocwen Financial Corporation ($56m)
- Amedisys, Inc. ($43.7m)
Top 5 Disbursed Cases in Q3-2017 (in terms of settlement fund value)
- Elan Corporation ($601m)
- Yukos Corporation ($337m)
- Genworth Financial Inc. ($219m)
- J.P. Morgan Chase Fair Fund ($200m)
- Weatherford International Ltd. ($120m)
Q3-2017 Disbursed Cases
| DISBURSEMENT DATE | CASE NAME | CLAIM DEADLINE | SETTLEMENT FUND |
|---|---|---|---|
| 09/27/2017 | FOCUS MEDIA HOLDING LIMITED | 08/01/2014 | $3,700,000.00 |
| 09/25/2017 | KIOR, INC. | 04/03/2017 | $4,500,000.00 |
| 09/22/2017 | MAGNACHIP SEMICONDUCTOR CORPORATION | 12/21/2016 | $23,500,000.00 |
| 09/21/2017 | JP MORGAN CHASE FAIR FUND | 09/04/2015 | $200,000,000.00 |
| 09/19/2017 | NAVISTAR INTERNATIONAL CORPORATION | 09/16/2016 | $9,100,000.00 |
| 09/18/2017 | AUTHENTEC | 12/21/2016 | $10,000,000.00 |
| 09/12/2017 | BIOSCRIP, INC | 07/12/2016 | $10,900,000.00 |
| 09/11/2017 | Municipal Derivatives Antitrust Litigation | $100,514,500.00 | |
| 09/07/2017 | KELLERMAN MUNICIPAL BOND | 04/21/2017 | $7,825,000.00 |
| 09/06/2017 | ELAN CORPORATION PLC, | 07/16/2016 | $601,832,697.00 |
| 09/01/2017 | HEWLETT PACKARD COMPANY | 10/31/2015 | $100,000,000.00 |
| 08/31/2017 | ELECTRONIC GAME CARD, INC. | 11/28/2016 | $1,755,000.00 |
| 08/28/2017 | CLIFFS NATURAL RESOURCES INC., | 06/14/2016 | $10,000,000.00 |
| 08/24/2017 | NQ MOBILE, INC., | 03/31/2016 | $5,100,000.00 |
| 08/23/2017 | DORAL FINANCIAL CORPORATION, | 08/29/2016 | $7,000,000.00 |
| 08/14/2017 | ANADARKO PETROLEUM CORPORATION | 11/08/2014 | $12,500,000.00 |
| 08/11/2017 | JOHNSON & JOHNSON | 12/24/2013 | $22,900,000.00 |
| 08/11/2017 | GALENA BIOPHARMA, INC. | 04/16/2016 | $19,000,000.00 |
| 08/10/2017 | POWERWAVE TECHNOLOGIES, INC. | 05/02/2016 | $8,200,000.00 |
| 08/09/2017 | YUKOS CORPORATION | 05/30/2016 | $337,000,000.00 |
| 08/09/2017 | GROUPON, INC., | 08/26/2016 | $45,000,000.00 |
| 08/09/2017 | RUBICON TECHNOLOGY, INC., | 05/17/2016 | $2,500,000.00 |
| 08/08/2017 | JBI, INC. | 04/17/2015 | $2.00 |
| 08/08/2017 | CHELSEA THERAPEUTICS INTERNATIONAL, LTD, | 09/04/2016 | $0.00 |
| 08/04/2017 | WEATHERFORD INTERNATIONAL LTD., | 12/09/2015 | $120,000,000.00 |
| 08/03/2017 | LONGWEI PETROLEUM INV HLD LTD. | 10/05/2016 | $1,340,000.00 |
| 07/31/2017 | PHYSICIANS FORMULA HOLDINGS, INC. | 03/13/2017 | $5,600,000.00 |
| 07/28/2017 | MAVENIR SYSTEMS | 10/12/2016 | $3,000,000.00 |
| 07/28/2017 | ALTAIR NANOTECHNOLOGIES, INC. | 05/30/2016 | $1,500,000.00 |
| 07/24/2017 | OCEAN POWER TECHNOLOGIES, Inc. | 10/31/2016 | $3,000,000.00 |
| 07/24/2017 | VELTI PLC | 01/18/2017 | $750,000.00 |
| 07/24/2017 | CHINA INTEGRATED ENERGY, INC. | 06/15/2015 | $400,000.00 |
| 07/18/2017 | CRM HOLDINGS, LTD | 03/18/2015 | $1,950,000.00 |
| 07/17/2017 | GENWORTH FINANCIAL, INC. | 08/22/2016 | $219,000,000.00 |
| 07/14/2017 | BAJA MINING CORPORATION | 08/04/2016 | $11,000,000.00 |
| 07/06/2017 | INTRALINKS HOLDINGS, INC. | 11/30/2015 | $14,000,000.00 |
| 07/06/2017 | CHINA-BIOTICS, INC. | 08/27/2015 | $1,400,000.00 |
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