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Claim deadline: March 24, 2026
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Opt-out deadline: March 10, 2026
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Fairness hearing: March 31, 2026
Mailing address:
Wheeler REIT Settlement
c/o Verita Global LLC
P.O. Box 301170
Los Angeles, CA 90030-1170
To file a claim, investors must provide:
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The last four digits of a Social Security number or a full taxpayer identification number
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Detailed purchase, acquisition and sale records for Wheeler common stock, including trade dates, share counts and total prices
Supporting documents may include broker confirmations, account statements, or other records deemed acceptable by the claims administrator. Claims submitted on behalf of another party must include proof of legal authority.
When Will Payments Be Issued?
Final Approval Still Required
Settlement checks will be mailed after the court grants final approval and any appeals are resolved. No exact payout date has been set.
Why the Lawsuit Was Filed
Allegations and Denials
The class action accused Wheeler’s directors and affiliated funds of breaching fiduciary duties by engaging in transactions that allegedly diluted or depressed the value of the company’s common stock.
Wheeler and the named defendants deny all wrongdoing, but agreed to the settlement to sidestep the expense, uncertainty and delay of prolonged litigation — a compromise that closes one chapter while opening another for investors seeking recovery.
