Sea Limited 2023 Securities Litigation
This settlement is closed to new claims — the deadline was June 23, 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
Sea Limited issued materially false and misleading statements regarding the Company's Garena digital entertainment and Shoppe e-commerce business segments during the class period. The defendants deny all allegations, but agreed to settle for $46 million without admitting wrongdoing.
Do you qualify?
Anyone who purchased or acquired Sea Limited's publicly-traded American Depositary Shares (ADSs) during the period from November 15, 2022 through August 14, 2023. Excluded are the defendants, company officers and directors, their families, and anyone with a controlling interest held by a defendant.
How to file
Submit a Proof of Claim form by June 23, 2025 (postmarked or received if not postmarked, or submitted online). The form is available on the settlement website. Proof of purchase documentation is required to support your claim.
Common questions
- How much does the Sea Limited 2023 Securities Litigation pay?
- The total settlement fund is $46M. 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 Sea Limited 2023 Securities Litigation?
- This settlement is closed to new claims — the deadline was June 23, 2025. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Do I need proof of purchase for the Sea Limited 2023 Securities Litigation?
- Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.
- Is the Sea Limited 2023 Securities Litigation notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at sealimited2023securitieslitigation.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 Sea Limited 2023 Securities Litigation 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 1, 2025; 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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