How much does the Build Realty RICO and Fiduciary Duty Settlement pay?

Estimated payout: $1,600–$20,000. The total settlement fund is $1.3M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.

What is the claim deadline for the Build Realty RICO and Fiduciary Duty Settlement?

This settlement is closed to new claims — the deadline was August 4, 2025. Once a claim deadline passes you generally forfeit your share, even if you qualified.

Do I need proof of purchase for the Build Realty RICO and Fiduciary Duty Settlement?

Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.

Is the Build Realty RICO and Fiduciary Duty Settlement notice real, or a scam?

Build Realty, Inc. is the settlement administrator for this case. Claims are filed at buildrealtyclassaction.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.

When will payments from the Build Realty RICO and Fiduciary Duty Settlement be sent?

Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for October 16, 2025; no payments can be issued before a settlement receives final approval.

Claims closedfinance

Build Realty RICO and Fiduciary Duty Settlement

$1,600–$20,000

This settlement is closed to new claims — the deadline was August 4, 2025. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →

What happened

The plaintiffs contend that the defendants violated the federal Racketeer Influenced and Corrupt Organizations Act (RICO Act) and breached fiduciary duties while engaging in a property-flipping business. The defendants deny all allegations. A settlement has been reached to resolve the dispute.

Do you qualify?

Class members are residents of Ohio and Kentucky who invested in real property and were named as beneficiaries to a trust created through a real estate transaction engaged in by, through, or with any of the defendants during the class period (February 1, 2013 through May 24, 2019). Excluded are the defendants, their officers, employees, agents, directors, lawyers, immediate family members, judges, court staff, and entities owned or controlled by excluded individuals.

How to file

Submit a Claim Form by August 4, 2025, by following the instructions on the settlement website. You must provide information about your real property investment and trust beneficiary status during the class period. The exact documentation required will depend on your claim.

Common questions

How much does the Build Realty RICO and Fiduciary Duty Settlement pay?: Estimated payout: $1,600–$20,000. The total settlement fund is $1.3M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
What is the claim deadline for the Build Realty RICO and Fiduciary Duty Settlement?: This settlement is closed to new claims — the deadline was August 4, 2025. Once a claim deadline passes you generally forfeit your share, even if you qualified.
Do I need proof of purchase for the Build Realty RICO and Fiduciary Duty Settlement?: Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.
Is the Build Realty RICO and Fiduciary Duty Settlement notice real, or a scam?: Build Realty, Inc. is the settlement administrator for this case. Claims are filed at buildrealtyclassaction.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
When will payments from the Build Realty RICO and Fiduciary Duty Settlement be sent?: Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for October 16, 2025; no payments can be issued before a settlement receives final approval.

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New to class actions?

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

Claim deadline: August 4, 2025
Estimated payout: $1,600–$20,000
Settlement fund: $1.3M
Proof required: Yes
Class period: February 1, 2013 – May 24, 2019
Exclusion deadline: July 7, 2025
Final hearing: October 16, 2025
Case: Compound Property Management LLC, et al. v. Build Realty, Inc. d/b/a Greenleaf Funding, et al.
Case number: 1:19-cv-133
Court: United States District Court for the Southern District of Ohio Western Division
Administrator: Build Realty, Inc.

Official settlement website →

Case status & court docket

Federal court in OhioMore from Ohio

United States District Court for the Southern District of Ohio Western Division

Active — filed February 20, 2019

February 27, 2026
Final approval
OPINION AND ORDER: The Court GRANTS the Motion for Final Approval of Class Action Settlement (Doc. 261), and ACCEPTS the proposed settlement agreement. Finally, the Court GRANTS the Motion for Attorneys' Fees, Expenses, and Class Representative Service Awards (Doc. 260). Specifically, the Court AW
October 16, 2025
Fairness hearing
Minute Entry for proceedings held before Judge Douglas R. Cole: Final Approval Hearing held on 10/16/25. Bill Markovits and Dylan Gould and Chris Finney appeared for Plaintiffs with Jonathan Hoffman (Ratio Models, Inc.); Alex Rodger appeared for the Bailey and Build Defendants; Joseph Brunner and Vi
October 2, 2025
Final approval
MOTION for Settlement (Final Approval of Class Action Settlement) by Plaintiffs Compound Property Management LLC, Leone1, LLC, Pyramid Investment Group, LLC, R&G Cincy Investments, LLC, Ratio Models, LLC. (Attachments: # 1 Exhibit 1: Declaration of W.B. Markovits in Support of Pls.' Motion for Final
March 31, 2025
Fairness hearing
OPINION AND ORDER granting 257 Plaintiffs' Unopposed Motion for Preliminary Approval of Class Action Settlement and Release, and PRELIMINARILY APPROVES the proposed settlement agreement as modified. Final Fairness Hearing set for 10/16/25 at 11:00 AM in Courtroom 805 before Judge Douglas R. Cole. SO
March 4, 2025
Preliminary approval
Supplemental Memorandum Supporting re 257 Unopposed MOTION for Settlement (Preliminary Approval of Class Action Settlement) and Memorandum in Support filed by Plaintiffs Compound Property Management LLC, Leone1, LLC, Pyramid Investment Group, LLC, R&G Cincy Investments, LLC, Ratio Models, LLC. (Mark
February 25, 2025
Preliminary approval
NOTATION ORDER re 257 Plaintiffs' Unopposed Motion for Preliminary Approval of Class Action Settlement: Class counsel is directed to file, on or before 3/12/25, additional briefing addressing whether a proposed settlement agreement that provides identical payments to each class member, without consi

View the full court docket on CourtListener →

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