Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Securities Class Action

Securities fraud litigation history and active cases

In Litigation

0

Settlement

0

Closed

1

Total Settlement

$19.5M

TechnipFMC plc (FTI) Class Action Lawsuit (August 2017)

Closed

4:17cv2368 • August 3, 2017

Class Period Start

January 16, 2017

Class Period End

July 31, 2019

PSLRA Deadline

October 2, 2017

Case Allegations

10b5

Statutes of Repose

Jan 16, 2020

Country

United States

Court

Federal Court

Settlement Information

Please note that for cases in the settlement stage, claims are handled by the claims administrator and NOT Levi & Korsinsky. Any information or documentation previously provided to us does not constitute submission of a claim. If you need to file a claim, check the status of a claim, or have questions regarding distribution of settlement funds, please contact the claims administrator below.

Claim Deadline

May 15, 2021

Settlement Fund

$19,500,000

Settlement Status

Disbursed

Settlement Class

All persons or entities that purchase or otherwise acquired TechnipFMC Common Stock in the United States, including but not limited to shares acquired through the merger of FMC Technologies Inc., FMC Technologies SIS Limited and Technip S.A.) between January 16, 2017 and July 24, 2017, both dates inclusive.

Claim Administrator

JND Legal Administration
TechnipFMC Securities Litigation c/o JND Legal Administration P.O. Box 91369 Seattle, WA 98111
+1 877-545-0232
[email protected]

Hearing Date

March 19, 2021

Opt-out Deadline

February 26, 2021

Settlement Note

Download here

Proof Of Claim

Download here

Docket History

Jan 21, 2022

Disbursement Approved

The court has approved the distribution of settlement funds to eligible class members. Investors with approved claims may receive payments from the settlement. If you have questions about your claim or payment, contact the claims administrator.

Mar 22, 2021

Final Approval of Settlement

The court has granted final approval of the settlement. Eligible investors who submit valid claims may receive a payment once the claims review and distribution process is completed.

Dec 16, 2020

Proof of Claim Form

To receive your portion of the recovery (if you are eligible), you must submit this form to the claims administrator by the deadline indicated on the form itself. If you do not submit this form in time, you will not be entitled to compensation. If you have questions about how to complete the form, you should contact the claims administrator.

Dec 16, 2020

Preliminary Approval of Settlement

The court has granted preliminary approval of a proposed settlement. This means the settlement can move forward for further consideration, but it has not yet received final approval. Potential class members will generally receive notice explaining the settlement, their rights, and any deadlines for submitting a claim, objecting to the settlement, or choosing not to participate.

Sep 24, 2020

Scheduling Order

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