Every dollar amount and date on this page is quoted from the official settlement document.
TerraForm Power Merger $83.75M Securities Settlement
Court case: IN RE TERRAFORM POWER, INC. MERGER STOCKHOLDERS LITIGATION
TerraForm Power class A shareholders whose stock was exchanged in the July 31, 2020 Brookfield merger share an $83.75 million securities settlement.
Official eligibility wordingRecord and beneficial holders of TerraForm Power, Inc. Class A common stock whose shares were exchanged in the July 31, 2020 merger with Brookfield affiliates. 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 or beneficial holder of TerraForm Power, Inc. class A common stock whose shares were exchanged in the July 31, 2020 merger with Brookfield.
- Estimated payoutTERP Class A common stock held at merger closing on July 31, 2020
- Objection deadlineJune 5, 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 — you cannot exclude yourself from the settlement or pursue separate litigation against the defendants for the same claims
- The objection deadline has already passed, so you can no longer formally object to the settlement terms
- Payment timing depends on court final approval and resolution of any appeals — no payment will issue until those steps are complete
- For shares held through a broker in street name, your broker will receive the distribution from DTCC and then pass it to you — delays at the broker level are possible
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
2 official sources linked to this record.
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Eligibility summary Quoted in the official eligibility wording above ↑
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Proof requirement
No
Eligible Class Members do not have to submit a claim form to receive a payment from the Settlement.
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Payment status
Final approval pending
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Estimated payout
TERP Class A common stock held at merger closing on July 31, 2020
Payments will be made on a pro rata basis with each Eligible Class Member eligible to receive a pro rata payment equal to the product of (i) the number of Eligible Shares held by the Eligible Class Member and (ii) the Per-Share …
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Administrator
TerraForm Stockholder Litigation, c/o Settlement Administrator (Angeion Group), 1650 Arch Street, Suite 2210, Philadelphia, PA 19103
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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
June 5, 2026
Objection Deadline: June 5, 2026. Objections must be filed such that they are received no later than June 5, 2026.
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Automatic refund
Yes — automatic, no claim needed
Eligible Class Members do not have to submit a claim form to receive a payment from the Settlement.
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Class period end
July 31, 2020
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Court case number
C.A. No. 2022-0097-KSJM
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No-claim explanation
Non-opt-out class certified under Delaware Court of Chancery Rules 23(b)(1) and 23(b)(2); payment distributed automatically to eligible shareholders via same mechanism as original merger consideration
Eligible Class Members do not have to submit a claim form to receive a payment from the Settlement.
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Case name
IN RE TERRAFORM POWER, INC. MERGER STOCKHOLDERS LITIGATION
Where to act
No claim form is needed — TerraForm Stockholder Litigation, c/o Settlement Administrator (Angeion Group), 1650 Arch Street, Suite 2210, Philadelphia, PA 19103 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.
