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Wilhite v. Expensify Securities Settlement

$0.62–$1.08

Last verified July 13, 2026Source: claimdepotHow 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

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.

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 total settlement fund is $9.5M. 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 Wilhite v. Expensify Securities Settlement?
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 Wilhite v. Expensify Securities Settlement notice real, or a scam?
Claims are filed at expensifysecuritiessettlement.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 Wilhite v. Expensify Securities Settlement be sent?
Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. Payments cannot be issued until the court grants final approval and any appeals are resolved.

Who's involved

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.

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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