Securities Class Action Cases: Quarterly Disbursed Claims – Q4-2022

In Q4-2022, over $710 million was settled and over $510 million was disbursed back to investors. For more information, contact your Financial Recovery Technologies representative or email us.

Top 5 Recently Settled Cases in Q4-2022 (based on settlement fund value)

  1. SIBOR ($155m)
  2. Newell Brands ($102.5m)
  3. Infinity Q Capital ($48m)
  4. GrubHub ($42m)
  5. US Steel ($40m)

Top 5 Disbursed Cases in Q4-2022 (based on settlement fund value)

  1. Crown Resort ($125m)
  2. Symantec ($70m)
  3. Community Health Systems ($53m)
  4. Chicago Bridge & Iron Company ($44m)
  5. Spectrum Brands Holding ($39m)

Q4-2022 Disbursed Cases

Disbursement DateCase NameClaim DeadlineSettlement Fund
10/11/2022IDEANOMICS INC01/19/2022$5,000,000.00
10/13/2022ACLARIS THERAPEUTICS INC12/07/2021$2,650,000.00
10/24/2022MOMO INC07/08/2021$5,000,000.00
10/26/2022COMMUNITY HEALTH SYSTEMS, INC.06/27/2020$53,000,000.00
10/28/2022SYMANTEC CORPORATION,03/10/2022$70,000,000.00
11/07/2022Crown Resorts (Maurice Blackburn)01/25/2022$125,000,000.00
11/09/2022ARCHON CORP03/19/2022$9,200,000.00
11/14/2022TIVITY HEALTH INC.,09/27/2021$7,500,000.00
11/17/2022ODONATE THERAPEUTICS INC05/02/2022$12,750,000.00
11/21/2022ABL (Maurice Blackburn)01/14/2022$28,000,000.00
11/23/2022O’ROURKE DISTRIBUTION FUND11/09/2021$5,763,719.00
11/29/2022LIBERTY HEALTH SCIENCES INC11/22/2021$1,800,000.00
12/01/2022EVENTBRITE INC05/27/2022$19,250,000.00
12/05/2022CHICAGO BRIDGE & IRON COMPANY N.V.,07/01/2022$44,000,000.00
12/07/2022CITIBANK ADR08/12/2019$14,750,000.00
12/09/2022OREXIGEN THERAPEUTICS, INC.,09/09/2021$4,800,000.00
12/09/2022ECHOSTAR CORP11/27/2021$21,000,000.00
12/09/2022TREEHOUSE FOODS, INC.,12/15/2021$27,000,000.00
12/16/2022INNOCOLL HOLDINGS PUBLIC LIMITED COMPANY,06/06/2022$2,755,000.00
12/16/2022PUMA BIOTECHNOLOGY, INC.,01/28/2020
12/21/2022STERLING BANCORP08/10/2021$12,500,000.00
12/23/2022SPECTRUM BRANDS HOLDINGS INC01/25/2022$39,000,000.00

 


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 FRT

SETTLED CLASS ACTIONS  I  INTERNATIONAL OPT-IN  I  ANTITRUST  I  PASSIVE  I  OPT-OUT  I  CLAIMS MONETIZATION

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.

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 do 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.