Securities Class Action Cases: Quarterly Disbursed Claims – Q3-2023

Jenn Rothenberg
October 6, 2023

In Q3-2023, over $995 million settled and over $3.8 billion was disbursed back to investors. For more information, contact your Financial Recovery Technologies representative or email us.

Top 5 Recently Settled Cases in Q3-2023 (based on settlement fund value)

  1. Exelon Corporation ($173m)
  2. Rabobank ($101m)
  3. Libor-Based Financial Instruments ($90m)
  4. RBS Securities Fair Fund ($80.3m)
  5. Myriad Genetics ($77.5m)

Top 3 Claims Admins in Q3-2023 (based on settlement fund value for settled cases)

  1. Epiq (8 Settled Cases = $286.6m)
  2. Gilardi & Co (6 Settled Cases = $245m)
  3. A.B. Data (8 Settled Cases = $195.3m)

Top 5 Disbursed Cases in Q3-2023 (based on settlement fund value)

  1. Valeant Pharmaceuticals ($1.2b)
  2. Petrobras Fair Funds ($933.5m)
  3. Teva Pharmaceutical ($420m)
  4. Euroyen – Laydon v. Mizuho Bank ($206m)
  5. SIBOR ($155.5m)

Q3-2023 Disbursed Cases

Disbursement DateCase NameClaim DeadlineSettlement Fund
9/29/2023PETROBRAS Fair Fund2/28/2022$933,473,797.00
9/29/2023FIAT CHRYSLER AUTOMOBILES NV, Fair Fund1/9/2023$40,000,000.00
9/29/2023WELLCARE HEALTH PLANS INC Fair Fund6/4/2022$32,053,530.00
9/29/2023SANDRIDGE ENERGY, INC.8/19/2022$21,807,500.00
9/29/2023TESLA INC Fair Fund9/17/2022$20,000,000.00
9/29/2023GROUPON INC12/1/2022$13,500,000.00
9/28/2023FIAT CHRYSLER AUTOMOBILES Fair Fund6/4/2022$9,500,000.00
9/28/2023KRATON CORPORATION,3/27/2020$1,500,000.00
9/27/2023BANK OZK10/6/2022$45,000,000.00
9/26/2023FRIEDLAND Fair Fund6/6/2022$4,179,000.00
9/25/2023SIBOR1/20/2023$155,458,000.00
9/23/2023AMERICAN RE CAPITAL, Fair Fund11/15/2021$34,063,856.00
9/22/2023COVETRUS INC12/3/2022$35,000,000.00
9/21/2023YELP INC12/27/2022$22,250,000.00
9/15/2023MINDBODY INC9/27/2022$9,750,000.00
9/7/20232U INC10/29/2022$37,000,000.00
9/6/2023MILLER ENERGY RESOURCES, INC.,8/18/2022$35,000,000.00
9/6/2023AQUA METALS, INC.,1/18/2022$7,000,000.00
8/21/2023HEALTHCARE SERVICES GROUP INC2/7/2022$16,800,000.00
8/16/2023SCANA CORPORATION5/26/2022$63,000,000.00
8/16/2023Tower Research E-Mini DOJ DPA10/24/2022$32,600,000.00
8/10/2023EVOLENT HEALTH INC12/16/2022$23,500,000.00
8/10/2023NEW ORIENTAL EDU & TECH GROUP INC.,10/26/2021$3,150,000.00
8/9/2023LOGITECH INTERNATIONAL S.A. Fair Fund3/29/2022$5,000,000.00
8/7/2023WAGEWORKS, INC.,9/14/2021$30,000,000.00
7/31/2023CV SCIENCES, INC7/15/2022$712,500.00
7/28/2023SCIPLAY CORPORATION12/23/2021$8,275,000.00
7/26/2023IMMUNOMEDICS, INC.,12/6/2022$4,000,000.00
7/26/2023LIBERTY OILFIELD SERVICES INC9/16/2022$3,900,000.00
7/24/2023TEVA PHARMACEUTICAL INDUSTRIES LIMITED5/17/2022$420,000,000.00
7/24/2023CREDIT ACCEPTANCE CORP12/2/2022$12,000,000.00
7/21/2023(EUROYEN) Laydon v. Mizuho Bank, Ltd. et al2/20/2018$206,000,000.00
7/21/2023(EUROYEN) Laydon v. Mizuho Bank, Ltd. et al3/3/2020$71,000,000.00
7/21/2023(EUROYEN) Laydon v. Mizuho Bank, Ltd. et al9/25/2018$30,000,000.00
7/21/2023OPHTHOTECH CORPORATION,7/6/2022$29,000,000.00
7/20/2023HARMAN INTERNATIONAL INDUSTRIES, INC.,12/1/2022$28,000,000.00
7/20/2023FRANCHISE GROUP, INC3/22/2021$5,600,000.00
7/14/2023SCWorx Corp8/9/2022$3,300,000.00
7/13/2023AMC ENTERTAINMENT HOLDINGS INC2/28/2022$18,000,000.00
7/13/2023BOFI HOLDING INC10/13/2022$900,000.00
7/12/2023VALEANT PHARMACEUTICALS INTERNATIONAL, INC.,5/6/2020$1,210,000,000.00
7/11/2023THE REALREAL, INC6/28/2022$11,000,000.00
7/3/2023NIELSEN HOLDINGS PLC,7/15/2022$73,000,000.00
7/3/2023DEUTSCHE BANK AG2/7/2023$26,250,000.00
7/3/2023ALLIED NEVADA GOLD CORPORATION11/7/2020$14,000,000.00

 

Subscribe to FRT’s Quarterly Newsletter

Financial Recovery Technologies’ Shareholder Litigation Insights provides you with the top news in shareholder class actions.  This is your exclusive summary of the latest industry developments related to settled, group, and antitrust actions and recovery opportunities. Click here to subscribe.

 

Learn More

To learn more about how FRT can help your firm maximize recoveries in shareholder class action settlements, contact us at learnmore@frtservices.com.

ABOUT FINANCIAL RECOVERY TECHNOLOGIES
SETTLED  I  NON-US GLOBAL OPT-IN  I  ANTITRUST  I  GLOBAL PASSIVE  I  DIRECT OPT-OUT  I  BUYOUTS

Founded in 2008, Financial Recovery Technologies (FRT) is a 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.

 

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.