Mindbody Merger Litigation Settlement
Last verified September 18, 2026Source: jndHow ClaimWatch verifies cases
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
Mindbody, Inc. was acquired by affiliates of Vista Equity Partners Management, LLC on February 15, 2019. Lead Plaintiffs allege that defendants Eric Liaw and Richard Stollmeyer breached their fiduciary duties in approving the merger and caused Mindbody to issue a false and misleading proxy statement. The settling defendants (Liaw and IVP Entities) have agreed to pay $27,000,000 to resolve claims against them.
Do you qualify?
The Class consists of all holders of Mindbody common stock as of the closing of the merger on February 15, 2019, whether beneficial or of record. Excluded are defendants, officers, directors, partners of Mindbody, Vista, or IVP Entities, their immediate family members, and related trusts or entities.
What you can claim
Read from the official settlement notice. Confirm the terms that apply to you on the administrator's site before filing.
Settlement distribution
Eligible class members receive a direct distribution from the net settlement fund without needing to submit a claim form.
Who is in the class
All holders of Mindbody common stock as of the closing of the merger with affiliates of Vista on February 15, 2019 ("Closing"), whether beneficial or of record, including their legal representatives, heirs, successors in interest, transferees and assignees of all such foregoing holders.
Quoted from the settlement notice.
How to file
Eligible Class Members do not need to submit a claim form. Distributions are being paid directly to eligible shareholders on a rolling basis, with the first distribution occurring in February 2025 and subsequent distributions in October 2025 and ongoing as funds become available.
Common questions
- How much does the Mindbody Merger Litigation Settlement pay?
- The total settlement fund is $27M. 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 Mindbody Merger 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 Mindbody Merger Litigation Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at mindbodymergerlitigation.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 Mindbody Merger 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 June 8, 2022; 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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