In Q3-2019, over $918 million of settlement funds were distributed, across 18 settlements, a 65% increase from Q2-2019. For more information, contact your Financial Recovery Technologies representative or email us.
Top 5 Recently Settled Cases in Q3-2019 (in terms of settlement fund value)
- Sunedison, Inc. ($74m)
- Endo International, Plc. ($50m)
- RH, Inc. ($50m)
- Sandisk Corp. ($50m)
- Devry Education Group, Inc. ($27.5m)
Top 5 Disbursed Cases in Q3-2019 (in terms of settlement fund value)
- General Motors Company ($300m)
- Clovis Oncology, Inc. ($142m)
- Lendingclub Corporation ($125m)
- Amgen, Inc. ($95m)
- Manulife Ontario ($69m)
Q3-2019 Disbursed Cases
|Disbursement Date||Case Name||Claim Deadline||Settlement Fund|
|7/1/20109||ALLIED NEVADA GOLD CORPORATION||10/14/2017||$5,875,583|
|7/15/2019||TIBET PHARMACEUTICALS, INC.||1/11/2016||$14,000,000|
|7/25/2019||CLOVIS ONCOLOGY, INC.||12/11/2017||$142,000,000|
|7/29/2019||GLOBAL EAGLE ENTERTAINMENT, INC.||1/18/2019||$1,100,000|
|7/31/2019||GENERAL MOTORS COMPANY||4/27/2016||$300,000,000|
|8/2/2019||PLATINUM AND PALLADIUM||-||$67,153,571|
|8/15/2019||ARIAD PHARMACEUTICALS, INC.||4/26/2018||$3,500,000|
|8/26/2019||STRAIGHT PATH COMMUNICATIONS, INC.||8/2/2018||$9,450,000|
|9/6/2019||UTI WORLDWIDE, INC.||12/18/2018||$13,000,000|
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