Securities Class Action Settlements in 2026
A continuously updated tracker of securities-fraud class action settlements open to investor claims — stock-drop and IPO cases where shareholders who bought during a defined class period may recover a pro rata share of the settlement fund.
When a public company is accused of misleading investors — overstating results, hiding regulatory or product problems, or making false statements that inflated its stock price — shareholders who bought during that period can band together in a securities class action. If the case settles, eligible investors file a claim to recover part of their losses.
Click any open card below to open the full settlement page with the class period, eligibility, deadline, and claim instructions. Closed and expired settlements are shown at the bottom for reference.
$60M Mylan Securities Settlement (MYL)
$55M SolarEdge Technologies Securities Settlement (SEDG)
Closed & Expired Securities Settlements
The settlements below are provided for reference only. Claim deadlines have passed or payouts have already been distributed. You can no longer file a new claim in these matters.
Claims Closed
$65M Snap Inc. Securities Settlement (SNAP)
Claims Closed
$210M FIS Securities Settlement (FIS)
Claims Closed
$740M DiDi IPO Securities Settlement
Claims Closed
$47.5M Olaplex Securities Settlement
Claims Closed
$47M Novavax Securities Settlement (NVAX)
What Is a Securities Class Action?
A securities class action is a lawsuit brought on behalf of everyone who bought a company's stock (or other securities) during a specific period and lost money because the company allegedly made false or misleading statements. Most are brought under the federal securities laws — primarily Section 10(b) of the Securities Exchange Act and SEC Rule 10b-5, which prohibit fraud in connection with the purchase or sale of securities. IPO-related cases are often brought under Sections 11 and 12 of the Securities Act, which target misstatements in a registration statement or prospectus.
How Do Securities Fraud Claims Work?
The theory in most stock-drop cases is straightforward: a company made statements that hid bad news, the stock traded at an inflated price while the truth was concealed, and when the truth came out through a corrective disclosure the price fell — leaving investors who bought during the inflated period with losses. To certify the class and prove damages, plaintiffs typically rely on the fraud-on-the-market presumption, which assumes the market price reflected the alleged misstatements. The Private Securities Litigation Reform Act (PSLRA) sets heightened pleading standards and governs how a lead plaintiff is appointed to represent the class.
Who Is Eligible to File?
Eligibility turns on the class period — the dates between the first alleged misstatement and the corrective disclosure. If you purchased the security during that window, you are generally a class member, whether or not you ever spoke to a lawyer. Investors who sold before the truth came out, or who bought after it was disclosed, are often excluded or recover less, because they were not damaged by the inflation in the same way. Each settlement page on this site lists the exact class period, the eligible securities, and any exclusions the court approved.
How Do I Find Class Action Settlements?
Find all the latest class actions you can qualify for by getting notified of new lawsuits as soon as they are open to claims:How Securities Settlement Payouts Are Calculated
Securities settlements almost never pay a flat amount per person. Instead, the court approves a Plan of Allocation that assigns each class member a Recognized Loss based on when they bought and sold, how many shares, and the price movement attributable to the alleged fraud. The net settlement fund — what remains after court-approved attorneys' fees and administration costs — is then divided pro rata in proportion to each valid claimant's Recognized Loss. Because the fund is fixed, the more valid claims that are filed, the smaller each share becomes. Most plans also set a minimum distribution (often $10) below which no check is mailed.
What Proof You Need to File a Claim
Securities claims always require documentation of your trades. Gather your brokerage trade confirmations and monthly account statements showing the dates, share quantities, and prices of every purchase and sale of the security during (and sometimes shortly after) the class period. If you held the stock in a retirement or managed account, your broker or plan administrator can usually produce a transaction history. The claims administrator uses these records to calculate your Recognized Loss, so accurate, complete trade data is the single most important thing you can submit. If you have lost a Claim ID or notice, use the contact form on the official settlement website rather than guessing.
How to File a Securities Claim
- Confirm you bought the security during the class period listed on the settlement page.
- Pull your brokerage statements and trade confirmations for every purchase and sale in that window.
- Open the official claims administrator website linked from the settlement page and start the claim form.
- Enter your transaction details (or upload broker records) and your Claim ID or Notice ID if you received one in the mail or by email.
- Submit before the filing deadline and keep your confirmation. There is no cost to file your own claim.
Key Terms Glossary
Class Period: The window of dates during which the alleged misstatements inflated the stock price; only purchases in this window are eligible.
Rule 10b-5: The SEC rule under the Securities Exchange Act that prohibits fraud and material misstatements in connection with buying or selling securities.
Recognized Loss: The dollar figure a Plan of Allocation assigns to your trades; your pro rata share of the fund is based on it, not on your actual out-of-pocket loss.
Plan of Allocation: The court-approved formula that divides the net settlement fund among valid claimants.
Lead Plaintiff: The investor (often the one with the largest loss) appointed under the PSLRA to represent the class; absent class members do not need to be the lead plaintiff to file.
Corrective Disclosure: The event — an earnings restatement, regulatory action, or news report — that reveals the truth and typically triggers the stock-price drop.
Sources
• Securities Exchange Act of 1934, Section 10(b) — SEC statute text• SEC Rule 10b-5 (17 CFR § 240.10b-5) — eCFR
• Private Securities Litigation Reform Act of 1995 (PSLRA) — Congress.gov
• Securities Act of 1933, Sections 11 & 12 — SEC statute text
• Investor.gov — Class Action Lawsuits (SEC Office of Investor Education)