FMO Stockholders Litigation Settlement
This settlement is closed to new claims. 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
Defendants, including Guggenheim Funds Investment Advisors and its officers and directors, allegedly caused the Fiduciary/Claymore Energy Infrastructure Fund (FMO) to over-leverage its assets in breach of their fiduciary duties. Plaintiff alleged they pursued a March 2022 merger with Kayne Anderson Energy Infrastructure Fund to avoid personal liability for tax expenses FMO had incurred, rather than pursuing a liquidation in stockholders' best interests.
Do you qualify?
All holders of FMO common shares of beneficial interest as of the closing of the Merger on March 7, 2022, whose shares were converted into shares of KYN common stock. Excluded are defendants, trustees, officers, directors, and partners of FMO, their immediate family members, and certain affiliated entities.
How to file
Eligible class members do not need to submit a claim form to receive a distribution. If you are eligible, your distribution will be paid to you directly. For more information, contact the Settlement Administrator at 1-855-208-4128 or info@FMOStockholdersLitigation.com.
Common questions
- How much does the FMO Stockholders Litigation Settlement pay?
- The total settlement fund is $18.8M. 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.
- Do I need proof of purchase for the FMO Stockholders Litigation Settlement?
- No. You can file without a receipt or proof of purchase. You attest that you qualify and submit basic details, though claims are still subject to review and submitting a false claim is a crime.
- Is the FMO Stockholders Litigation Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at fmostockholderslitigation.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 FMO Stockholders Litigation 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 July 9, 2024; no payments can be issued before a settlement receives final approval.
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.
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