Securities Class Action Cases: Quarterly Disbursed Claims – Q3-2019

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 DateCase NameClaim DeadlineSettlement Fund
7/1/20109ALLIED NEVADA GOLD CORPORATION10/14/2017$5,875,583
7/9/2019BANCORP, INC.1/13/2017$17,500,000
7/12/2019AMGEN, INC.12/23/2016$95,000,000
7/12/2019SYMBOL TECHNOLOGIES11/29/2018$15,000,000
7/15/2019TIBET PHARMACEUTICALS, INC.1/11/2016$14,000,000
7/19/2019BANCORPSOUTH, INC.8/23/2018$13,000,000
7/25/2019CLOVIS ONCOLOGY, INC.12/11/2017$142,000,000
7/29/2019GLOBAL EAGLE ENTERTAINMENT, INC.1/18/2019$1,100,000
7/31/2019GENERAL MOTORS COMPANY4/27/2016$300,000,000
8/2/2019PLATINUM AND PALLADIUM-$67,153,571
8/12/2019OPUS BANK7/10/2018$17,000,000
8/15/2019ARIAD PHARMACEUTICALS, INC.4/26/2018$3,500,000
8/23/2019NUVASIVE, INC. 10/23/2018$7,900,000
8/26/2019STRAIGHT PATH COMMUNICATIONS, INC.8/2/2018$9,450,000
8/26/2019SUNRUN, INC.3/4/2019$2,500,000
8/20/2019LENDINGCLUB CORPORATION6/25/2018$125,000,000
9/6/2019UTI WORLDWIDE, INC.12/18/2018$13,000,000

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SETTLED CLAIMS  I  PASSIVE GROUP  I  ANTITRUST  I  FUTURE CLAIMS  I  OPT-IN MONITORING  I OPT-OUT MONITORING

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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