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The number of valid claims submitted
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Each claimant’s recognized loss, calculated under a court-approved plan
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Court-authorized deductions, including attorneys’ fees, expenses, taxes and administrative costs
Distributions will be made pro rata, meaning awards may be adjusted if total claims exceed available funds.
Only investors who experienced a net overall loss on Wheeler stock transactions during the class period are eligible for compensation. Claims resulting in calculated payments of less than $10 will not receive a distribution.
Fees, Costs and Service Awards
Where the Money Goes
From the $7.125 million fund:
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Attorneys’ fees may reach up to $1.995 million
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Attorneys’ expenses may total up to $665,000
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Service awards for class representatives may reach $50,000 combined
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Settlement administration costs are included, though not yet specified
The remaining balance will be distributed to eligible investors.
How to File a Claim
Deadlines and Documentation
Class members may submit claims online or by downloading and mailing a completed PDF form to the settlement administrator.
