Interactive Brokers $5M Securities Class Action Settlement
U. S.
$5,000,000 total fund; pro rata distribution based on individual damages relative to total class damages.
Official site: interactivebrokerssettlement.com
Pending final court approval: you can file a claim now, but payments begin only after the court grants final approval (and any appeals conclude). Final approval is not guaranteed.
Who may qualify
U.S. residents with margin accounts at Interactive Brokers whose accounts were liquidated in whole or part using the Automated Liquidation Algorithm Software between December 18, 2013, and July 14, 2025.
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
- Exclusion deadline
- May 27, 2026 (passed)
- Objection deadline
- May 27, 2026 (passed)
Proof requirements
Proof requirement is currently marked as No.
Review the official claim form before submitting any information.
How to file this claim
- Check whether you received a notice by email or postcard — Interactive Brokers identified class members from its own account records, so receipt of a notice is a strong indicator of eligibility
- Review the estimated payment amount stated in the notice you received
- If your contact information has changed, log in at the settlement website to update it and select your payment method
- If you did not receive a notice but believe you qualify, contact the settlement administrator to request a Unique ID and PIN
- Take no further action if your contact information is current — payment will be issued automatically after final court approval and resolution of any appeals
Watch out for
- Missing the opt-out deadline means you waive the right to pursue independent legal action related to these claims
- If you did not receive a notice and do not contact the administrator, you may be missed even if you are eligible
- Payment will not be issued until after final court approval and any appeals are resolved — timing is not guaranteed
- The net settlement fund is the total fund minus attorneys' fees, litigation costs, the service award, and administration expenses, so individual payments will be less than the gross fund amount
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?
No claim form is needed — Simpluris issues this refund automatically; confirm your eligibility and contact details on the official source.
- Check the official source to confirm you are within the eligible group — the settlement administrator determines eligibility.
- Make sure Simpluris has your current mailing address or payment details if the official source provides a way to update them.
- No claim form is required for an automatic refund; you do not need to pay anyone or submit documents to receive it.
- Watch the payment status on this record and on the official source — payments begin only after the court or program process concludes.
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How we verified this record
- Payout details the official settlement website · Jun 19, 2026
- Eligibility the official settlement website · Jun 19, 2026
- Proof requirement the official settlement website · Jun 19, 2026
- Administrator the official settlement website · Jun 19, 2026
- Court case the official settlement website · Jun 19, 2026
- Payment status the official settlement website · Jun 19, 2026
- Claim deadline queued for re-check
- Official claim link queued for re-check
Every published record clears our source-verification bar; remaining fields are checked one by one on our weekly re-verification pass.
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.
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Eligibility summary
U.S. residents with margin accounts at Interactive Brokers whose accounts were liquidated in whole or part using the Automated Liquidation Algorithm Software between December 18, 2013, and July 14, 2025.
Verified Jun 19, 2026 · against the official settlement website
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Proof requirement
No
Verified Jun 19, 2026 · against the official settlement website
Class members who take no action will automatically receive a cash payment.
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Payment status
Final approval pending
Verified Jun 19, 2026 · against the official settlement website
The Court in charge of this case still has to decide whether to approve the Settlement.
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Estimated payout
$5,000,000 total fund; pro rata distribution based on individual damages relative to total class damages.
Verified Jun 19, 2026 · against the official settlement website
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Administrator
Simpluris
Verified Jun 19, 2026 · against the official settlement website
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Court
United States District Court for the District of Connecticut
Verified Jun 19, 2026 · against the official settlement website
Show all 8 more verified fields
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Objection deadline
May 27, 2026
Verified Jun 19, 2026 · against the official settlement website
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Opt-out deadline
May 27, 2026
Verified Jun 19, 2026 · against the official settlement website
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Automatic refund
Yes — automatic, no claim needed
Verified Jun 19, 2026 · against the official settlement website
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Class period start
December 18, 2013
Verified Jun 19, 2026 · against the official settlement website
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Class period end
July 14, 2025
Verified Jun 19, 2026 · against the official settlement website
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Court case number
3:15-cv-01836
Verified Jun 19, 2026 · against the official settlement website
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No-claim explanation
Class members who take no action will automatically receive a cash payment; Interactive Brokers identified eligible participants using its own records.
Verified Jun 19, 2026 · against the official settlement website
Class members who take no action will automatically receive a cash payment.
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Case name
Batchelar v. Interactive Brokers, LLC, et al.
Verified Jun 19, 2026 · against the official settlement website
Batchelar v. Interactive Brokers, LLC, et al.
Common questions
Is the Interactive Brokers $5M Securities Class Action settlement legitimate?
Yes — the Interactive Brokers $5M Securities Class Action settlement is a real claims process that SettleSignal tracks from its official source. It is administered by Simpluris under case 3:15-cv-01836 in United States District Court for the District of Connecticut. File only through the official settlement website (interactivebrokerssettlement.com); a genuine settlement administrator never charges a fee to file. SettleSignal last checked this record against the official source on June 19, 2026. Always confirm the current details on the official site before filing.
Who may qualify for this settlement?
U.S. residents with margin accounts at Interactive Brokers whose accounts were liquidated in whole or part using the Automated Liquidation Algorithm Software between December 18, 2013, and July 14, 2025.
Do I need proof to claim?
Proof requirement: No. The settlement administrator determines what documentation, if any, is required.
What is the current payment status?
Current payment status: Final approval pending. Payments are issued by the administrator after the court process concludes.
When will Interactive Brokers $5M Securities Class Action Settlement pay out?
Current payment status: Final approval pending. Class-action payouts typically begin only after final approval and any appeals. See our payout timeline guide.
Where is the official Interactive Brokers $5M Securities Class Action Settlement claim form?
No claim form is needed — Class members who take no action will automatically receive a cash payment; Interactive Brokers identified eligible participants using its own records. Never pay a fee to claim a settlement payment.
Where to act
When you are ready, you open the official claim form yourself. SettleSignal does not file claims or determine eligibility.
Class members who take no action will automatically receive a cash payment; Interactive Brokers identified eligible participants using its own records.
Listed on the official settlement website (Simpluris).
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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 19, 2026 — Settlement published after verification.
- June 19, 2026 — Verified field details updated from an official source.