Turquoise Hill Securities Litigation Settlement
Last verified September 11, 2026Source: jndHow ClaimWatch verifies cases
This settlement is closed to new claims — the deadline was September 24, 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
Rio Tinto and two executives made material misrepresentations and omissions about Turquoise Hill Resources' business, including statements about the development of the Oyu Tolgoi mine in Mongolia and related delays and cost overruns. Investors alleged they were damaged by these misstatements during the class period.
Do you qualify?
Anyone who purchased or otherwise acquired Turquoise Hill common stock, call options on Turquoise Hill common stock (or sold put options), or entered into swaps replicating a purchase of Turquoise Hill common stock in domestic transactions or on U.S. exchanges between July 17, 2018 and July 31, 2019, inclusive, and were damaged thereby. Excluded are defendants, their family members, officers/directors of Rio Tinto/Turquoise Hill, and their affiliates.
How to file
The deadline to submit a Claim Form was September 24, 2025. The Court approved final settlement on October 23, 2025, and approved the distribution plan on March 2, 2026. Distributions began on April 2, 2026 on a rolling basis for authorized claimants. Contact the Claims Administrator at (855) 779-3513 or info@TurquoiseHillSecuritiesLitigation.com for more information.
Common questions
- How much does the Turquoise Hill Securities Litigation Settlement pay?
- The total settlement fund is $138.8M. 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.
- What is the claim deadline for the Turquoise Hill Securities Litigation Settlement?
- This settlement is closed to new claims — the deadline was September 24, 2025. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Is the Turquoise Hill Securities Litigation Settlement notice real, or a scam?
- JND Legal Administration is the settlement administrator for this case. Claims are filed at turquoisehillsecuritieslitigation.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 Turquoise Hill 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 October 15, 2025; no payments can be issued before a settlement receives final approval.
Who's involved
Plaintiffs
- Nicholas Lion(Consolidated Plaintiff)
- Anthony Franchi
Defendants
- Jean-Sebastien Jacques
- Arnaud Soirat
- Rio Tinto International Holdings Limited
- Rio Tinto Limited
- Rio Tinto PLC
- Luke Colton
- Brendan Lane
- Ulf Quellmann
+ 1 more
Counsel for plaintiffs
Counsel for defendants
- Sarah Heaton ConcannonQuinn Emanuel Urquhart & Sullivan
- Jomaire CrawfordQuinn Emanuel Urquhart & Sullivan (NYC)
- Evan ForbesQuinn Emanuel Urquhart & Sullivan, LLP
- Cohl K. LoveKirkland & Ellis LLP
- Sam ClevelandQuinn Emanuel Urquhart & Sullivan
- Neil Thomas PhillipsQuinn Emanuel Urquhart & Sullivan, LLP
- Michael LinnemanQuinn Emanuel Urquhart & Sullivan, LLP
- Gregory Frederick LauferPaul Weiss (NY)
- Hope Delaney SkibitskyQuinn Emanuel Urquhart & Sullivan, LLP
- Richard Corey WorcesterQuinn Emanuel Urquhart & Sullivan, LLP
- Renita SharmaQuinn Emanuel Urquhart & Sullivan, LLP
- Leigha EmpsonQuinn Emanuel Urquhart & Sullivan LLP
- Jesse BernsteinQuinn Emanuel Urquhart & Sullivan, LLP
- Robert Neil KravitzPaul, Weiss, Rifkind, Wharton & Garrison LLP (NYC)
- Richard A. RosenPaul Weiss (NY)
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.
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.
More securities settlements
View all →Biogen Securities Litigation Settlement
Biogen Inc. investors allege securities violations related to the company's stock during a specific period. Biogen has settled this class action litigation for $18.9 million without admitting wrongdoing.
Wayland Group Corp. Securities Class Action Settlement
Wayland Group Corp. (formerly Maricann Group Corp.) is the subject of a securities class action settlement. Investors who purchased the company's shares, units, and warrants during the class period are eligible to receive compensation.
NJ Bureau of Securities Settlement with Credit Suisse
Credit Suisse allegedly violated New Jersey Securities Law by making materially false and misleading statements regarding RMBS trust certificates and engaging in fraudulent practices. On October 24, 2022, the court entered a consent order requiring Credit Suisse to pay $300 million in restitution to investors. Credit Suisse neither admitted nor denied the allegations.
Stitch Fix Securities Litigation Settlement
Stitch Fix, Inc. is settling a securities class action alleging that investors were harmed by statements or omissions regarding the company. The company has agreed to pay $32 million to resolve all claims in the action, pending court approval.