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 CORPORATION12/21/2016
$23,500,000.00
09/21/2017JP MORGAN CHASE FAIR FUND09/04/2015
$200,000,000.00
09/19/2017NAVISTAR INTERNATIONAL CORPORATION09/16/2016
$9,100,000.00
09/18/2017AUTHENTEC12/21/2016
$10,000,000.00
09/12/2017BIOSCRIP, INC 07/12/2016
$10,900,000.00
09/11/2017Municipal Derivatives Antitrust Litigation$100,514,500.00
09/07/2017KELLERMAN MUNICIPAL BOND04/21/2017
$7,825,000.00
09/06/2017ELAN CORPORATION PLC,07/16/2016$601,832,697.00
09/01/2017HEWLETT PACKARD COMPANY10/31/2015
$100,000,000.00
08/31/2017ELECTRONIC GAME CARD, INC. 11/28/2016
$1,755,000.00
08/28/2017CLIFFS NATURAL RESOURCES INC., 06/14/2016
$10,000,000.00
08/24/2017NQ MOBILE, INC.,
03/31/2016$5,100,000.00
08/23/2017DORAL FINANCIAL CORPORATION,
08/29/2016$7,000,000.00
08/14/2017ANADARKO PETROLEUM CORPORATION11/08/2014$12,500,000.00
08/11/2017
JOHNSON & JOHNSON12/24/2013$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
08/04/2017WEATHERFORD INTERNATIONAL LTD., 12/09/2015
$120,000,000.00
08/03/2017LONGWEI PETROLEUM INV HLD LTD.10/05/2016$1,340,000.00
07/31/2017PHYSICIANS FORMULA HOLDINGS, INC. 03/13/2017$5,600,000.00
07/28/2017MAVENIR SYSTEMS10/12/2016$3,000,000.00
07/28/2017ALTAIR 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 CORPORATION08/04/2016$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

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.

Jenn Rothenberg

VP of Marketing