Securities Class Action Cases: Quarterly Disbursed Claims – Q3-2020
In Q3-2020, over $342 million of settlement funds were distributed across 24 settlements. For more information, contact your Financial Recovery Technologies representative or email us.
Top 5 Recently Settled Cases in Q3-2020 (in terms of settlement fund value)
- Zimmer Biomet Holdings, Inc. ($50m)
- Santander Consumer USA Holdings, Inc. ($47m)
- Logfin Fair Fund ($22.86m)
- Amaya, Inc. ($22.43m)
- Impinj, Inc. ($20m)
Top 5 Disbursed Cases in Q3-2020 (in terms of settlement fund value)
- Focus Media Fair Fund ($55.627m)
- Sandisk Corporation ($50m)
- Volskwagen AG ($48m)
- Blackrock Wells Fargo Trustee Class Action ($43m)
- Green Mountain Coffee Roasters, Inc. ($36.5m)
Q3-2020 Disbursed Cases
| Case | Jurisdiction | Deadline | Core Claims |
|---|---|---|---|
| Wirecard AG (against Ernst & Young) | Germany | 4/15/2021 (soft deadline) | The company’s former auditors certified financials that included $2B cash that apparently never existed. |
| Glencore plc | UK | 5/30/2021 (soft deadline) | The company allegedly engaged in bribery of foreign government officials. |
| Bayer AG | Germany | 5/31/2021 (soft deadline) | Investors claim the company misrepresented the risks from personal injury suits against an entity it acquired for its Roundup weed killer. |
| Daimler AG | Germany | 5/31/2021 (soft deadline) | The company allegedly used emission defeat devices in manufactured vehicles. |
| Vale SA | Brazil | 5/31/2021 (soft deadline) | The company used dangerous dam techniques at its mines, one of which suffered catastrophic failure, killing more than 259 people and releasing 12 million cubic meters of tailings into the environment. |
| VW Bonds | Germany | 5/31/2021 (soft deadline) | The company allegedly used emission defeat devices in manufactured vehicles. |
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