12 fields cited Claim window closed Proof needed

Brooge Energy Limited, Nicolaas Lammert Paardenkooper, and Lina Saheb

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.

⛔ 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 →
Potential payment
$20

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

Payments come from a Fair Fund built from civil penalties and accrued interest. Individual distributions are at least $20.00 — your exact amount depends on your eligible loss relative to all other valid claimants.

No public claim form 📅 Add deadline to calendar

Official site: www.broogeenergyfairfund.com

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Who may qualify

You 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.

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.

This summary is based on available official settlement sources. The settlement administrator determines eligibility and payment approval.

New to the terms? Plain-English: claim deadline, proof of purchase, administrator, pro rata.

Important dates

Claim deadline
July 26, 2025 (closed)

Proof requirements

Proof requirement is currently marked as Yes.

Review the official claim form before submitting any information.

What you need

Proof 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 to file this claim

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.

  1. Go to www.BroogeEnergyFairFund.com and download or complete the online Claim Form.
  2. Pull together your brokerage records — trade confirmations or account statements — showing all BROG purchases and sales during December 20, 2019 through December 21, 2023.
  3. Fill in your transaction history on the Claim Form so the administrator can calculate your Eligible Loss Amount; proof is required, so attach supporting documents.
  4. Submit online at www.BroogeEnergyFairFund.com, or mail a physical form to: SEC v Brooge Energy Fair Fund, c/o Rust Consulting, Inc., Fund Administrator - 8793, P.O. Box 2599, Faribault, MN 55021-9599.
  5. Make sure your submission arrives by July 26, 2025 — that is the hard deadline for all Claim Forms.
  6. Questions? Call 1 (888) 558-0547 or email [email protected].

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.

How do I file a claim for this settlement?

This record no longer has an open public claim form — confirm the current status and any next steps on the official source.

  1. Confirm you are within the eligible group described in the official notice — the settlement administrator determines eligibility.
  2. Gather any documents the official form asks for — this settlement marks proof as Yes.
  3. Open the official claim form or settlement website run by Rust Consulting, Inc..
  4. Submit accurate information through the official settlement administrator or government source before July 26, 2025.
  5. Save your confirmation number if one is provided, then watch the payment status for distribution updates.

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How we verified this record

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

Checked fields are matched against a named official source and re-checked on a schedule. We show the authority and the date, never our internal evidence link.

  • Claim deadline

    July 26, 2025

    Verified Jun 17, 2026 · against the official settlement website

    All Claim Forms are due by July 26, 2025.
  • Eligibility summary

    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.

    Verified Jun 17, 2026 · against the official settlement website

  • Proof requirement

    Yes

    Verified Jun 17, 2026 · against the official settlement website

    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

    Verified Jun 17, 2026 · against the official settlement website

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

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

    Verified Jun 17, 2026 · against the official settlement website

    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.

    Verified Jun 17, 2026 · against the official settlement website

Show all 5 more verified fields
  • Official claim URL

    www.broogeenergyfairfund.com

    Verified Jun 17, 2026 · against the official settlement website

  • Class period start

    December 20, 2019

    Verified Jun 17, 2026 · against the official settlement website

  • Class period end

    December 21, 2023

    Verified Jun 17, 2026 · against the official settlement website

  • Court case number

    3-21816

    Verified Jun 17, 2026 · against the official settlement website

  • Case name

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

    Verified Jun 17, 2026 · against the official settlement website

Common questions

Is the Brooge Energy Limited, Nicolaas Lammert Paardenkooper, and Lina Saheb settlement legitimate?

Yes — the Brooge Energy Limited, Nicolaas Lammert Paardenkooper, and Lina Saheb settlement is a real claims process that SettleSignal tracks from its official source. It is administered by Rust Consulting, Inc.. File only through the official settlement website (www.sec.gov); a genuine settlement administrator never charges a fee to file. SettleSignal last checked this record against the official source on June 17, 2026. Always confirm the current details on the official site before filing.

Who may qualify for this settlement?

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.

What is the claim deadline?

The claim deadline is July 26, 2025. Confirm the current deadline on the official settlement source before filing.

Do I need proof to claim?

Proof requirement: Yes. The settlement administrator determines what documentation, if any, is required.

What is the current payment status?

Current payment status: Claim period open. Payments are issued by the administrator after the court process concludes.

When will Brooge Energy Limited, Nicolaas Lammert Paardenkooper, and Lina Saheb pay out?

Current payment status: Claim period open. Class-action payouts typically begin only after final approval and any appeals. See our payout timeline guide.

Where is the official Brooge Energy Limited, Nicolaas Lammert Paardenkooper, and Lina Saheb claim form?

The official claim form is hosted by the settlement administrator, Rust Consulting, Inc.. Use the 'Open official claim form' button on this page — never pay a fee to file.

When is the deadline to file?

July 26, 2025. Miss it and you are out — there is no late-filing option once the fund closes.

Do I need proof of my trades?

Yes. You will need brokerage records — account statements or trade confirmations — showing when you bought and sold BROG and what your loss was.

How much will I receive?

At least $20.00 if your eligible loss meets the minimum threshold. Your exact amount depends on the size of your loss compared to all other claimants in the fund.

Where do I file?

Go to broogeenergyfairfund.com — that is the official, court-approved site for this fund.

Where to act

When you are ready, you open the official claim form yourself. SettleSignal does not file claims or determine eligibility.

No public claim form

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

Listed on the official settlement website (Rust Consulting).

Disclaimer

This service summarizes publicly available settlement information and links to official settlement sources. We are not a law firm, do not provide legal advice, do not submit claims on your behalf, and do not determine eligibility or payout approval. Only file a claim if the information you provide is accurate.

Change log

  • June 18, 2026 — Settlement published after verification.
  • June 17, 2026 — Verified field details updated from an official source.