Every dollar amount and date on this page is quoted from the official settlement document.
M.D.C. Holdings $25M Securities Class Action Settlement
Court case: Building Trades Pension Fund of Western Pennsylvania v. Larry Mizel and David Mandarich
MDC Holdings shareholders whose stock was exchanged at $63.00 per share on April 19, 2024 share a $25 million securities settlement.
Official eligibility wordingAll record holders and beneficial owners of MDC common stock whose shares were exchanged for $63.00 per share in cash on April 19, 2024 in connection with the acquisition of MDC by SHRH. Checked against the official settlement source by SettleSignal on June 19, 2026.
Key facts
- Who may qualify You may qualify if you were a record holder or beneficial owner of MDC common stock whose shares were exchanged for $63.00 per share in cash on April 19, 2024.
- Estimated payoutEach member receives: (their eligible shares) x (Net Settlement Fund / total eligible shares).
- Objection deadlineMay 28, 2026 (passed)
- Proof requiredNo
- What you needNothing to file — payment is sent automatically to people the administrator identifies. No proof is required.
- CourtCourt of Chancery of the State of Delaware
How hard is this claim to file?
Watch out for
- This is a non-opt-out class — class members cannot exclude themselves from the settlement or its releases.
- Payment will not be issued until after the court resolves any appeals and grants final approval; no specific payment date is guaranteed.
- Attorneys' fees and litigation expenses of up to 25% of the settlement fund, plus a service award to the plaintiff, will be deducted before distribution to class members.
- Shares held through a broker (street name) will be paid through DTCC participants and then your broker — not directly to you by the settlement administrator.
- Class members who wished to object to the settlement, plan of allocation, or fee application had a deadline of May 28, 2026 to file written objections.
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
- Payout details
- Eligibility
- Proof requirement
- Administrator
- Court case
- Payment status
- 2 fields queued for re-check
1 official source linked to this record.
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Eligibility summary Quoted in the official eligibility wording above ↑
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Proof requirement
No
If you are eligible to receive a payment from the Net Settlement Fund, you do not have to submit a claim form in order to receive your payment.
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Payment status
Final approval pending
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Estimated payout
Each member receives: (their eligible shares) x (Net Settlement Fund / total eligible shares).
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Administrator
Angeion Group
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Court
Court of Chancery of the State of Delaware
Show all 6 more verified fields
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Objection deadline
May 28, 2026
OBJECT TO THE SETTLEMENT BY SUBMITTING A WRITTEN OBJECTION SO THAT IT IS RECEIVED NO LATER THAN MAY 28, 2026.
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Automatic refund
Yes — automatic, no claim needed
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Class period end
April 19, 2024
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Court case number
2024-1138-NAC
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No-claim explanation
Payments are made automatically in the same manner class members received the original transaction consideration; no claim form is needed.
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Case name
Building Trades Pension Fund of Western Pennsylvania v. Larry Mizel and David Mandarich
BUILDING TRADES PENSION FUND OF WESTERN PENNSYLVANIA, Plaintiff, v. LARRY MIZEL and DAVID MANDARICH, Defendants.
Where to act
No claim form is needed — Angeion Group issues this refund automatically; confirm your eligibility and contact details on the official source.
No claim needed — payment is automatic
If you qualify, the settlement pays you automatically. There's nothing to file — just keep an eye on your mail or account around the payment date.
