Wheeler REIT $7.125M Settlement Clears Path for Investor Payouts

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  • The number of valid claims submitted

  • Each claimant’s recognized loss, calculated under a court-approved plan

  • 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

  • Attorneys’ expenses may total up to $665,000

  • Service awards for class representatives may reach $50,000 combined

  • 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.