Fast Acquisition Corp Stockholders Litigation Settlement
Last verified August 18, 2026Source: jndHow ClaimWatch verifies cases
Closed to new claims. Browse open settlements →
Where this case stands
Final approval hearing held January 22, 2024
Claims closed. The court docket does not yet show a final approval order. Once one is entered, payments usually follow within three to twelve months.
Pending in the Court of Chancery of the State of Delaware (No. 2022-0702-PAF).
- January 22, 2024Final approval hearing
The court hears any objections and decides whether to approve the settlement.
What happened
FAST's directors allegedly breached their fiduciary duty in connection with a December 9, 2021 termination agreement with Fertitta regarding the termination of a merger agreement and a termination fee. Plaintiffs claimed that remaining assets from the termination fee should have been distributed to all Class A stockholders, but the directors' actions would have resulted in the funds going only to Class B Founder Shareholders (including the directors themselves).
Do you qualify?
All holders of FAST Class A Public Shares at the close of business on August 25, 2022. Excluded are the defendants, current and former officers/directors of FAST, their immediate family members, and related entities.
How to file
Contact the Settlement Administrator at 888-256-6155 or info@FASTAcquisitionStockholdersLitigation.com. The settlement has been fully distributed as of July 30, 2025, and the matter is closed. Additional distributions may occur on a rolling basis if net settlement funds remain available.
Common questions
- How much does the Fast Acquisition Corp Stockholders Litigation Settlement pay?
- The settlement fund is $12.5M.Why settlement checks are smaller than the headline number →
- What is the status of the Fast Acquisition Corp Stockholders Litigation Settlement?
- Final approval hearing held January 22, 2024. Claims closed. The court docket does not yet show a final approval order. Once one is entered, payments usually follow within three to twelve months.
- Is the Fast Acquisition Corp Stockholders Litigation Settlement notice real, or a scam?
- JND Legal Administration is the court-appointed administrator. Claims are filed only at fastacquisitionstockholderslitigation.com. Filing is always free, and no administrator asks for payment or a full Social Security number by email or text.How to tell a real settlement notice from a scam →
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Summarised from public settlement documents; confirm terms on the official settlement website. ClaimWatch is not a law firm, and filing a claim is free.