Wilhite v. Expensify Securities Settlement
$0.62–$1.08
Last verified July 13, 2026Source: claimdepotHow ClaimWatch verifies cases
Closed to new claims. Browse open settlements →
Where this case stands
Claims closed
Payments follow final court approval and the end of any appeals, typically twelve to twenty-four months after the claim deadline.
Pending in the Federal Court.
What happened
Expensify, Inc. and underwriter defendants allegedly made misrepresentations and omissions of material fact in Expensify's registration statement filed in connection with its November 10, 2021 initial public offering. Defendants admit no wrongdoing but agreed to settle to avoid the costs and uncertainties of further litigation.
Do you qualify?
Anyone who purchased Expensify, Inc. common stock pursuant to or traceable to Expensify's registration statement filed in conjunction with its initial public offering on November 10, 2021.
What the settlement pays
Average recovery estimated at approximately $0.85 per share before deductions of fees, expenses, and costs. Recovery varies based on purchase/sale dates and prices.
Paid from a $9.5M settlement fund. Individual amounts depend on how many valid claims are filed.
How to file
Submit a Proof of Claim and Release form by the court-approved deadline. The form can be filed online or by mail and must include documentation of your stock purchases. See the settlement website for the specific deadline and submission details.
Common questions
- How much does the Wilhite v. Expensify Securities Settlement pay?
- Estimated payout: $0.62–$1.08. The settlement fund is $9.5M.Why settlement checks are smaller than the headline number →
- Do I need proof of purchase for the Wilhite v. Expensify Securities Settlement?
- Yes. This settlement asks for documentation with the claim; expensifysecuritiessettlement.com lists what is accepted.
- What is the status of the Wilhite v. Expensify Securities Settlement?
- Claims closed. Payments follow final court approval and the end of any appeals, typically twelve to twenty-four months after the claim deadline.
- Is the Wilhite v. Expensify Securities Settlement notice real, or a scam?
- Claims are filed only at expensifysecuritiessettlement.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 Wilhite v. Expensify Securities Settlement?
- For the plaintiffs: Adam M. Apton (Levi & Korsinsky, LLP). From the public court docket.
Who's involved
Counsel for plaintiffs
- Adam M. AptonLevi & Korsinsky, LLP16 tracked cases · $45.8M in disclosed settlements
Other cases these firms appear in
- Dexcom Personal Injury Class Action · Levi & Korsinsky LLP
- Sanchez v. Utz Quality Foods Class Action · Levi & Korsinsky LLP
- Govil v. Home Depot Class Action · Levi & Korsinsky LLP
- Rosado-Wright v. Apple Inc. Fraud Class Action · Levi & Korsinsky LLP
From the public court docket, contact details as filed; not an endorsement.
In the news
- Expensify expands expense integration with Uber for BusinessThefly.com · December 2, 2025
- Expensify reports Q3 EPS (3c), consensus 5cThefly.com · November 6, 2025
- Expensify: Tough To Argue With Solid Cash FlowBiztoc.com · September 19, 2025
- Expensify launches receipt integration with DoorDash for BusinessThefly.com · August 27, 2025
Headlines via NewsAPI.
Guides:Why is my settlement check so small?How long a settlement takes to pay outIs this settlement notice real, or a scam?
Summarised from public settlement documents; confirm terms on the official settlement website. ClaimWatch is not a law firm, and filing a claim is free.