This claims administration website was updated on February 12, 2022
We have concluded adjudicating all Claim Forms and are currently in the appeals process (The Procedure for Reference). As a result, the Distribution to Authorized Claimants is now anticipated to occur in April-May, 2022. We apologize for the delay.
Pursuant to the Court approved Plan of Allocation, once the Administrator determines that a Claimant is an Authorized Claimant, the respective number of his, her or its Qualified Shares and his, her or its Maximum Entitlement (September Disclosure) and/or Maximum Entitlement (November Disclosure), and the Pro Rata Distribution (September Disclosure) from the Compensation Fund (September Disclosure) and the Pro Rata Distribution (November Disclosure) from the Compensation Fund (November Disclosure), the Administrator shall advise the Claimant of the Administrator’s decision by posting it on the Claimant’s online claim file https://portal.fsdsecuritiesclassaction.com.
If you have requested to file after the Claims Bar Deadline of June 21, 2021, the Referee is currently reviewing your request and will advise accordingly by direct email communication.
If you requested a Procedure for Reference (an appeal of the Claim Administrator’s Claim Determination), the Referee is currently reviewing your request and will advise accordingly by direct email communication.
It is too early to calculate the Pro Rata payment amount until all References are processed. We will not be in a position to calculate each Authorized Claimant’s Pro Rata payment until after all the Claim Forms have a final Claim Determination.
Thereafter, we will file a Motion to the Court seeking authorization to make Distributions to Authorized Claimants. The timeline for the Court’s response will be determined by the Court.
It is important that Class Members check the website or the pop-up message when you log into the portal to review the status of your Claim on a regular basis for updates in regards to the claims administration. www.fsdsecuritiesclassaction.com.
In the meantime, please be well.