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 DATECASE NAMECLAIM DEADLINESETTLEMENT FUND
09/27/2017FOCUS MEDIA HOLDING LIMITED08/01/2014 $3,700,000.00
09/25/2017KIOR, INC.04/03/2017 $4,500,000.00
09/22/2017MAGNACHIP SEMICONDUCTOR CORPORATION 12/21/2016
$23,500,000.00
09/21/2017JP MORGAN CHASE FAIR FUND 09/04/2015
$200,000,000.00
09/19/2017NAVISTAR INTERNATIONAL CORPORATION 09/16/2016
$9,100,000.00
09/18/2017AUTHENTEC 12/21/2016
$10,000,000.00
09/12/2017BIOSCRIP, INC 07/12/2016
$10,900,000.00
09/11/2017 Municipal Derivatives Antitrust Litigation $100,514,500.00
09/07/2017KELLERMAN MUNICIPAL BOND 04/21/2017
$7,825,000.00
09/06/2017ELAN 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 CORPORATION05/30/2016 $337,000,000.00
08/09/2017
GROUPON, INC.,08/26/2016 $45,000,000.00
08/09/2017RUBICON 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
07/24/2017OCEAN POWER TECHNOLOGIES, Inc.10/31/2016$3,000,000.00
07/24/2017VELTI PLC
01/18/2017$750,000.00
07/24/2017CHINA INTEGRATED ENERGY, INC.06/15/2015 $400,000.00
07/18/2017CRM HOLDINGS, LTD 03/18/2015 $1,950,000.00
07/17/2017GENWORTH FINANCIAL, INC.08/22/2016$219,000,000.00
07/14/2017BAJA MINING CORPORATION 08/04/2016$11,000,000.00
07/06/2017INTRALINKS HOLDINGS, INC.11/30/2015$14,000,000.00
07/06/2017CHINA-BIOTICS, INC. 08/27/2015$1,400,000.00

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