Claims closedsecurities
Mattel Securities Litigation Settlement
Last verified July 17, 2026Source: jndHow ClaimWatch verifies cases
Closed to new claims since June 8, 2022. Browse open settlements →
Where this case stands
Payments distributed November 22, 2023
The court approved the settlement and the administrator has reported sending payments to class members who filed valid claims.
Before Judge Mark C. Scarsi, U.S. District Court (No. 2:19-CV-10860-MCS-(PLAx)).
- December 24, 2019Case filed
- May 2, 2022Final approval hearing
The court hears any objections and decides whether to approve the settlement.
- May 18, 2022Case closed by the court
- June 8, 2022Claim deadline
Claims had to be submitted by this date.
- November 22, 2023Payments distributed
- June 17, 2024Appeal filed
Payments wait until the appeal is resolved.
What happened
Mattel allegedly violated federal securities laws by making false and misleading statements and omitting material facts about its internal controls and financial results. Specifically, the company allegedly concealed misstatements in its third and fourth quarter 2017 financial statements. Mattel has agreed to settle for $98 million without admitting wrongdoing.
Do you qualify?
The class consists of all persons and entities who purchased or otherwise acquired Mattel common stock from August 2, 2017 to August 8, 2019, inclusive, and were damaged thereby. A subclass (PwC SubClass) covers those who purchased stock from February 27, 2018 to August 8, 2019.
How to file
The deadline to submit Claim Forms was June 8, 2022, and the processing of claims has concluded. Claims are no longer being accepted. Contact the Claims Administrator at 1-877-379-5987 or Info@MattelSecuritiesLitigation.com for information about already-approved claims and distributions.
Common questions
- How much does the Mattel Securities Litigation Settlement pay?
- The settlement fund is $98M.Why settlement checks are smaller than the headline number →
- What is the claim deadline for the Mattel Securities Litigation Settlement?
- Closed to new claims — the deadline was June 8, 2022.
- What is the status of the Mattel Securities Litigation Settlement?
- Payments distributed November 22, 2023. The court approved the settlement and the administrator has reported sending payments to class members who filed valid claims.
- Is the Mattel Securities Litigation Settlement notice real, or a scam?
- JND Legal Administration is the court-appointed administrator. Claims are filed only at mattelsecuritieslitigation.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 →
- Who are the attorneys in the Mattel Securities Litigation Settlement?
- For the plaintiffs: Jonathan D. Uslaner (Bernstein Litowitz Berger and Grossmann LLP); Richard D Gluck (Seltzer Caplan McMahon Vitek); Nicholas R. Gersh (Dechert LLP); Lauren Michelle Cruz (Bernstein Litowitz Berger & Grossmann LLP). For Mattel, Inc.: Timothy Perla (WilmerHale LLP); John W. Spiegel (Munger Tolles and Olson LLP); D. Scott Carlton (Paul Hastings LLP); Rowley Rice (Munger Tolles and Olson LLP). From the public court docket.
Who's involved
Plaintiffs
- New Orleans Employees Retirement System
- DeKalb County Employees Retirement System
- Houston Municipal Employees Pension System
Defendants
- PriceWaterHouseCoopers LLP(Consol Defendant)
- Ynon Kreiz(Consol Defendant)
- Margaret H. Georgiadis(Consol Defendant)
- Kevin Farr
- Joshua Abrahams
- Joseph J. Euteneuer
- Mattel, Inc.
Counsel for plaintiffs
- Jonathan D. UslanerBernstein Litowitz Berger and Grossmann LLPRepresents DeKalb County Employees Retirement System, New Orleans Employees Retirement System15 tracked cases · $253M in disclosed settlementsjonathanu@blbglaw.com · (310) 819-3472
- Richard D GluckSeltzer Caplan McMahon VitekRepresents DeKalb County Employees Retirement System, New Orleans Employees Retirement System2 tracked cases · $113M in disclosed settlementsgluck@scmv.com · (619) 685-3003
- Nicholas R. GershDechert LLPRepresents DeKalb County Employees Retirement System, New Orleans Employees Retirement Systemnicholas.gersh@dechert.com · (212) 649-8755
- Lauren Michelle CruzBernstein Litowitz Berger & Grossmann LLPRepresents DeKalb County Employees Retirement System, New Orleans Employees Retirement System3 tracked cases · $129M in disclosed settlementsLauren.Cruz@blbglaw.com · (310) 712-6600
- Matthew W. TraylorBernstein Litowitz Berger and Grossmann LLPRepresents DeKalb County Employees Retirement System, New Orleans Employees Retirement SystemMatthew.Traylor@blbglaw.com · (212) 554-1454
- Brenna D NelinsonBernstein Litowitz Berger & Grossmann LLPRepresents DeKalb County Employees Retirement System, New Orleans Employees Retirement Systembrennanelinson@quinnemanuel.com · (212) 554-1400
- Michael D BlatchleyBernstein Litowitz Berger and Grossmann LLPRepresents New Orleans Employees Retirement System10 tracked cases · $98M in disclosed settlementsmichaelb@blbglaw.com · (212) 554-1400
- Hannah RossBernstein Litowitz Berger and Grossmann LLPRepresents New Orleans Employees Retirement System2 tracked cases · $129M in disclosed settlementshannah@blbglaw.com · (212) 554-1400
- Avi JosefsonBernstein Litowitz Berger and Grossmann LLPRepresents New Orleans Employees Retirement System9 tracked cases · $180M in disclosed settlementsavi@blbglaw.com · (312) 373-3800
- John Rizio-HamiltonBernstein Litowitz Berger and Grossmann LLPRepresents Houston Municipal Employees Pension System, DeKalb County Employees Retirement System, New Orleans Employees Retirement System14 tracked cases · $333.5M in disclosed settlementsjohnr@blbglaw.com · (212) 554-1400
- Jacob A WalkerBlock and Leviton LLPRepresents Houston Municipal Employees Pension System8 tracked cases · $348.1M in disclosed settlementsjake@blockesq.com · (617) 398-5600
Counsel for defendants
- Timothy PerlaWilmerHale LLPRepresents PriceWaterHouseCoopers LLPtimothy.perla@wilmerhale.com · (617) 526-6696
- John W. SpiegelMunger Tolles and Olson LLPRepresents Mattel, Inc., Joseph J. Euteneuer, Kevin Farr, Margaret H. Georgiadis, Ynon Kreiz, PriceWaterHouseCoopers LLPjohn.spiegel@mto.com · (213) 683-9100
- D. Scott CarltonPaul Hastings LLPRepresents Joshua Abrahams2 tracked cases · $98M in disclosed settlements defendedscottcarlton@paulhastings.com · (213) 683-6000
- Rowley RiceMunger Tolles and Olson LLPRepresents Mattel, Inc., Joseph J. Euteneuerrowley.rice@mto.com · (213) 683-9100
- Brian Rivas BoesseneckerMunger Tolles and Olson LLPRepresents Mattel, Inc., Joseph J. Euteneuer, Kevin Farr, Margaret H. Georgiadis2 tracked cases · $109M in disclosed settlements defendedbrian.boessenecker@mto.com · (213) 683-9580
- Joseph Neill MontoyaPaul Hastings LLPRepresents Joshua Abrahamsjosephmontoya@paulhastings.com · (213) 683-6000
- Michael W MottweilerPaul Hastings LLPRepresents Joshua Abrahamsmichaelmottweiler@paulhastings.com · (213) 683-6000
- Thomas A ZaccaroHueston Hennigan LLPRepresents Joshua Abrahams2 tracked cases · $98M in disclosed settlements defendedtzaccaro@hueston.com · (213) 788-4039
- Matthew T MartensWilmer Cutler Pickering Hale and Dorr LLPRepresents PriceWaterHouseCoopers LLP2 tracked cases · $98M in disclosed settlements defendedmatthew.martens@wilmerhale.com · (202) 663-6000
- Joshua A VittorWilmer Cutler Pickering Hale and Dorr LLPRepresents PriceWaterHouseCoopers LLPjoshua.vittor@wilmerhale.com · (213) 443-5375
- Jenny PelaezWilmerHale LLPRepresents PriceWaterHouseCoopers LLPjpelaez@kslaw.com · (213) 443-5368
- John Michael GildersleeveMunger Tolles and Olson LLPRepresents Mattel, Inc., Joseph J. Euteneuer, Kevin Farr, Margaret H. Georgiadis, Ynon Kreiz, PriceWaterHouseCoopers LLPjohn.gildersleeve@mto.com · (213) 683-9100
- Lauren Claire BarnettMunger Tolles and Olson LLPRepresents Mattel, Inc., Joseph J. Euteneuer, Kevin Farr, Margaret H. Georgiadis, Ynon Kreiz, PriceWaterHouseCoopers LLPlauren.barnett@lw.com · (213) 683-9100
- Achyut Jayant PhadkeMunger Tolles and Olson LLPRepresents Mattel, Inc., Joseph J. Euteneuer, Margaret H. Georgiadis, Ynon Kreiz, PriceWaterHouseCoopers LLPachyut.phadke@mto.com · (415) 512-4000
Other cases these firms appear in
- Driven Brands Securities Litigation Settlement · Bernstein Litowitz Berger & Grossmann LLP
- Viacom Archegos Securities Litigation Settlement · Bernstein Litowitz Berger & Grossmann LLP
- Morgan Stanley Racketeering Class Action · Bernstein Litowitz Berger & Grossmann LLP
- Lowe's Companies Personal Injury Class Action · Bernstein Litowitz Berger & Grossmann LLP
- Energy Transfer Securities Litigation Settlement · Seltzer Caplan McMahon Vitek
From the public court docket, contact details as filed; not an endorsement.
In the news
- Mattel shareholder pushes company to explore saleRetail Dive · May 8, 2026
- Mattel price target lowered by $7 at DA Davidson, here's whyThefly.com · February 11, 2026
- Mattel, Nintendo announce launch of Little People My MarioThefly.com · February 9, 2026
- Mattel just downgraded at Goldman Sachs, here's whyThefly.com · January 9, 2026
Headlines via NewsAPI.
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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.