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Brooge Energy Settlement defendant
Evidence-verified Closed Jul 26, 2025 Proof needed

Every dollar amount and date on this page is quoted from the official settlement document.

Brooge Energy Limited, Nicolaas Lammert Paardenkooper, and Lina Saheb

This settlement is closed. The claim deadline was July 26, 2025. It’s listed here for reference — the claim window has closed. Browse settlements open for claims →

If you bought Brooge Energy (BROG) stock between December 2019 and December 2023 and lost money, the SEC has a Fair Fund set up to pay you back from civil penalties collected in an enforcement action. Real money, real deadline.

Official eligibility wording

Investors who purchased or acquired Brooge Energy Limited common stock (NYSE: BROG) during December 20, 2019 through December 21, 2023, with an eligible loss amount resulting in a distribution payment of at least $20.00. Checked against the official settlement source by SettleSignal on June 17, 2026.

Key facts

  • Who may qualify You may qualify if you purchased or acquired Brooge Energy Limited common stock (NYSE: BROG) at any point between December 20, 2019 and December 21, 2023, and your eligible loss is large enough that your individual distribution would be at least $20.00.
  • Estimated payoutFair Fund (civil penalties plus accrued interest); minimum individual distribution $20.00
  • Claim deadlineJuly 26, 2025 (closed)
  • Proof requiredYes
  • What you needProof is required. You will need to document your purchases, sales, and resulting losses in BROG stock — brokerage statements or trade confirmations are the standard evidence.

How hard is this claim to file?

If you bought Brooge Energy (BROG) stock between December 20, 2019 and December 21, 2023 and took a loss, you need to file a claim to get money from the SEC's Fair Fund — nothing arrives automatically. Your calculated loss has to work out to a distribution of at least $20.00, so small positions may fall below the cutoff.

Watch out for

  • The deadline is July 26, 2025 — late claims will not be accepted.
  • Your loss calculation must produce a distribution of at least $20.00 or you receive nothing; check your position size before spending time on the claim.
  • Only common stock purchased or acquired on NYSE under ticker BROG during December 20, 2019 through December 21, 2023 qualifies — trades outside that window do not count.
  • Use only www.BroogeEnergyFairFund.com or the official mailing address above; scam sites mimicking SEC fund portals do exist.
  • The Fund Administrator is Rust Consulting, Inc. — any other entity contacting you about this fund should be treated with suspicion.

We prepare — you file on the official site yourself. This is not legal advice and is not an eligibility decision; the administrator and court decide.

Verify it yourself

How we verified this record

How we verify records →

Fully field-verified 8 / 8 fields checked against the official settlement website on June 17, 2026
  • Claim deadline
  • Payout details
  • Eligibility
  • Proof requirement
  • Administrator
  • Official claim link
  • Court case
  • Payment status

1 official source linked to this record.

Every check below was verified against the official settlement website on June 17, 2026.

  • Claim deadline

    July 26, 2025

    All Claim Forms are due by July 26, 2025.
  • Proof requirement

    Yes

    Your approved transactions must calculate to an Eligible Loss Amount as calculated under the Plan and the Distribution Payment must equal or exceed $20.00.
  • Payment status

    Claim period open

    All Claim Forms are due by July 26, 2025.
  • Estimated payout

    Fair Fund (civil penalties plus accrued interest); minimum individual distribution $20.00

    The Commission ordered the Respondents to pay $5,200,000 in civil penalties. The Respondents have paid in full. The Fair Fund has been deposited in a Commission-designated account.
  • Administrator

    Rust Consulting, Inc.

Show all 5 more verified fields
  • Official claim URL

    www.broogeenergyfairfund.com

  • Class period start

    December 20, 2019

  • Class period end

    December 21, 2023

  • Court case number

    3-21816

  • Case name

    In the Matter of Brooge Energy Limited, Nicolaas Lammert Paardenkooper, and Lina Saheb

Where to act

No public claim form

The claim deadline (Jul 26, 2025) has passed — this settlement is closed to new claims. Listed for reference.

SettleSignal summary card for Brooge Energy Limited, Nicolaas Lammert Paardenkooper, and Lina Saheb — $20, claim by July 26, 2025. Accepted official evidence on file.