How much does the General Electric Securities Litigation Settlement pay?

The total settlement fund is $362.5M. 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 General Electric Securities Litigation Settlement?

This settlement is closed to new claims — the deadline was June 20, 2025. Once a claim deadline passes you generally forfeit your share, even if you qualified.

Is the General Electric Securities Litigation Settlement notice real, or a scam?

JND Legal Administration is the settlement administrator for this case. Claims are filed at generalelectricsecuritieslitigation.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 General Electric Securities 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 April 24, 2025; no payments can be issued before a settlement receives final approval.

Claims closedsecurities

General Electric Securities Litigation Settlement

Last verified September 18, 2026Source: jndHow ClaimWatch verifies cases

This settlement is closed to new claims — the deadline was June 20, 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

General Electric and Jeffrey S. Bornstein allegedly violated federal securities laws by making materially false or misleading statements about GE's financial condition between February 2016 and January 2018. Specifically, they allegedly concealed GE's reliance on intercompany factoring transactions to offset weaknesses in GE Power's cash flows, causing GE common stock to be artificially inflated. The defendants deny all allegations.

Do you qualify?

All persons and entities that purchased or acquired GE common stock between February 29, 2016 and January 23, 2018, inclusive, and were damaged thereby. Excluded are defendants, GE subsidiaries and affiliates, GE officers and directors, entities controlled by defendants, insurance carriers, and anyone who previously requested exclusion from the class.

Who is in the class

All persons and entities that purchased or acquired General Electric Company ("GE") common stock between February 29, 2016 and January 23, 2018, inclusive ("Class Period") and were damaged thereby.

Quoted from the settlement notice.

How to file

Submit a Claim Form online or by mail, postmarked no later than June 20, 2025. You can file through the "File a Claim" tab on the website or download a Claim Form. Contact the Claims Administrator at 1-844-202-9485 or info@GeneralElectricSecuritiesLitigation.com for more information.

Common questions

How much does the General Electric Securities Litigation Settlement pay?: The total settlement fund is $362.5M. 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 General Electric Securities Litigation Settlement?: This settlement is closed to new claims — the deadline was June 20, 2025. Once a claim deadline passes you generally forfeit your share, even if you qualified.
Is the General Electric Securities Litigation Settlement notice real, or a scam?: JND Legal Administration is the settlement administrator for this case. Claims are filed at generalelectricsecuritieslitigation.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 General Electric Securities 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 April 24, 2025; no payments can be issued before a settlement receives final approval.

Who's involved

Counsel for plaintiffs

Sharan Nirmul Kessler Topaz Meltzer & Check, LLP

Parties and counsel from the public court docket. Listing an attorney here isn't an endorsement, and ClaimWatch isn't affiliated with any of them.

In the news

Headlines via NewsAPI. ClaimWatch isn't affiliated with these publications.

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: June 20, 2025
Settlement fund: $362.5M
Class period: February 29, 2016 – January 23, 2018
Exclusion deadline: April 3, 2025
Final hearing: April 24, 2025
Case: Sjunde AP-Fonden, et al. v. General Electric Co., et al.
Case number: 17 Civ 8457 (JMF) (GWG)
Court: U.S. District Court, Southern District of New York
Administrator: JND Legal Administration
Administrator phone: 1-844-202-9485

Official settlement website →

Case status & court docket

Federal court in New YorkMore from New York

U.S. District Court, Southern District of New York

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