Securities · Claims Open

$7.5M Vintage Wine Estates Securities Settlement — VWE Investors Can Claim About $0.79 a Share

Published September 24, 2026

Investors who purchased Vintage Wine Estates, Inc. common stock between October 13, 2021 and February 8, 2023 may qualify to claim a share of the $7.5 million Vintage Wine Estates securities class action settlement, estimated at about $0.79 per affected share before fees. Claims close October 9, 2026; the final approval hearing was held September 22, 2026.

Red wine being poured from a bottle into a glass

Current Status

Claims are open. The deadline is October 9, 2026: online claims must be submitted by 11:59 p.m. Eastern Time that day, and mailed claims must be postmarked by the same date. The court held the final approval hearing on September 22, 2026, but no final approval order had been located as of September 24, 2026, and no payment date has been announced. The opt-out and objection deadline has passed, so filing a claim is the only remaining step for class members.

Status Claims Open
Claim Deadline October 9, 2026 Online by 11:59 p.m. ET · mailed forms postmarked by the same date
Estimated Payout About $0.79 per share Average before fees and expenses · actual amount is pro rata by Recognized Loss
Proof Required Yes Signed Proof of Claim plus brokerage records for VWE transactions · no notice ID

What Changed Recently?

The U.S. District Court for the District of Nevada held the final approval hearing on the $7,500,000 cash settlement of Ezzes v. Vintage Wine Estates, Inc., No. 2:22-cv-01915-GMN-DJA, on September 22, 2026, before Judge Gloria M. Navarro. The claim window stays open through October 9, 2026 regardless of when the court rules.

The lawsuit alleges that Vintage Wine Estates and certain of its executives made false or misleading statements about the company's inventory and cost of goods, and that the stock traded at inflated prices as a result. Plaintiffs point to the company's inventory adjustments in September 2022 and to its announcement on February 8, 2023 that it would restate previously issued financial results, and allege the share price fell as those problems came to light. Defendants deny the allegations and any wrongdoing, and the case settled without any finding that the statements were false.

Vintage Wine Estates filed for Chapter 11 bankruptcy protection in July 2024, and its stock no longer trades on the Nasdaq. The settlement is paid from a fund established in this case; claims go to the court-appointed claims administrator, not to the bankruptcy estate.

Who Qualifies?

The settlement class covers all persons and entities who purchased the publicly traded common stock of Vintage Wine Estates, Inc. between October 13, 2021 and February 8, 2023, both dates inclusive, and who were damaged as a result. The stock traded on the Nasdaq under the ticker VWE during that period.

The defendants and the related persons and entities the settlement notice lists as excluded are not class members, and neither is anyone who submitted a valid request for exclusion by the September 1, 2026 deadline.

How Much Can You Get?

The $7,500,000 settlement amount pays notice and administration costs, taxes, and any attorneys' fees and litigation expenses the court awards before anything is distributed. Lead counsel has asked for fees of up to 33⅓% of the fund and expenses of up to $280,000, which together work out to about $0.29 per affected share.

Plaintiffs estimate the average recovery at about $0.79 per affected share before fees and expenses. That figure is an estimate and an average, not a guaranteed amount. Each authorized claimant receives a pro rata share of the net settlement fund based on their Recognized Loss under the plan of allocation, measured against the total Recognized Losses of all valid claims. The dates on which shares were bought and sold drive the Recognized Loss, so individual payments can be higher or lower than the average.

What Proof or Notice ID Is Required?

The Proof of Claim does not ask for a notice ID or other code from a mailed notice, so an investor who never received one can still file. The form must be signed and must be supported by brokerage documentation — account statements, trade confirmations or a similar broker record — for each Vintage Wine Estates purchase, sale and holding it lists.

Include every transaction the form asks about, including profitable ones. Missing transactions or unsupported entries can make a claim deficient.

What Is the Deadline?

October 9, 2026. Online claims must be submitted by 11:59 p.m. Eastern Time on that date, and mailed claims must be postmarked by October 9, 2026.

The deadline for requests for exclusion and objections was September 1, 2026 and has passed.

How Do You Take Action?

Eligible investors file with the court-appointed claims administrator, Strategic Claims Services, through the official settlement website, Vintage Wine Securities Settlement. The site carries the online claim filing option, the notice and the Proof of Claim form. Filing is free and does not require hiring a lawyer.

To file, identify the beneficial owner of the shares, enter each VWE transaction the form requests, attach the supporting brokerage records, sign the certification and submit before the deadline. Keep a copy of the claim and any confirmation the administrator sends. Non-U.S. claimants may need additional forms listed on the claim form.

What Happens Next?

The court heard the request for final approval, the plan of allocation and lead counsel's fee and expense application on September 22, 2026. Once an approval order is entered, the settlement becomes effective only after the time for appeals runs out or any appeal is resolved.

After the claim deadline, the administrator reviews every claim, calculates Recognized Losses and asks the court to authorize distribution. No distribution date has been announced.

Sources and Verification

The amounts, dates and class definition on this page come from the court-authorized settlement notice and Proof of Claim published on the official settlement website, and from the court record in the case.


This page is informational and is not legal advice.

Questions

Can investors still claim now that Vintage Wine Estates is in bankruptcy?

Yes. The claim process runs through the settlement fund and the court-appointed claims administrator, not through the company's bankruptcy case. Eligible investors file a Proof of Claim with the administrator by October 9, 2026.

Is it too late to opt out of or object to the Vintage Wine Estates settlement?

Yes. The deadline for requests for exclusion and objections was September 1, 2026. Class members who did not opt out are bound by the settlement if it is approved, and filing a claim is the only step still open to them.

Why is the Vintage Wine Estates payment only an estimate?

The roughly $0.79 figure is an average across affected shares before fees and expenses. Each authorized claimant receives a pro rata share of the net settlement fund based on their own Recognized Loss under the plan of allocation, compared with the total Recognized Losses of all valid claims, so individual amounts can be higher or lower.

Does a Vintage Wine Estates claim need a notice ID?

No. The Proof of Claim does not ask for a code from a mailed notice. It does need to be signed and supported by brokerage documentation, such as account statements or trade confirmations, for the Vintage Wine Estates transactions being claimed.

For more class actions keep scrolling below.
Settlement Amount $7,500,000
Case Title Ezzes v. Vintage Wine Estates, Inc.
Case Number 2:22-cv-01915-GMN-DJA
Court U.S. District Court for the District of Nevada
Final Approval Hearing September 22, 2026 Held — no final approval order located as of September 24, 2026
Administrator Strategic Claims Services

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