Veon Ltd. Securities Settlement
Veon Ltd. Securities Settlement
Veon Ltd. has agreed to pay nearly $20 million into a settlement fund to resolve claims that the company misled investors regarding its operations and internal controls in Uzbekistan, specifically that they concealed a bribery scheme occurring in Uzbekistan.
Total Settlement Amt:
$19,970,000
Overview
Veon Ltd. (formerly VimpelCom Ltd.) has agreed to pay $19,970,000 to resolve claims that the company violated federal securities laws by making materially false and misleading statements regarding its internal controls and telecommunications operations in Uzbekistan. Specifically, the complaint alleged that the company concealed a bribery scheme used to secure business in Uzbekistan, which artificially inflated the price of its American Depositary Shares (ADSs).
Eligibility
You may be eligible for benefits if you are a person or entity who purchased Veon Ltd. ADSs between June 30, 2011 and November 3, 2015 and held those shares until at least March 12, 2014.
You purchased Veon Ltd. ADSs between June 30, 2011, and November 3, 2015
You held those shares through at least March 12, 2014
The share of the Settlement Fund paid to class members depends on several factors, including: when you purchased VEON Ltd. ADSs, the price at the time of purchase, whether you sold VEON Ltd. ADSs and at what amount, the Recognized Losses, and various administrative and court costs
File Your Claim by 04/28/2026
Submit your claim to receive a portion of the settlement fund of nearly $20 million
Frequently Asked Questions
Our mission is to help people get the compensation they deserve. We are providing this information and a direct link to the official site to ensure you don't miss out on money you may be owed. However, this will mean that claims submitted for this settlement will not be reviewed, monitored, or have additional support from ClaimsHero.
No. For this claim, we are directing you to the official claims administrator website. There are no fees from ClaimsHero. This is different from our full-service representation campaigns, where we work on a contingency basis, review and monitor the status of your claim, and only get paid if your claim is successful.
Our goal is to raise awareness and guide you to the official claims website. We do not review your claim, handle your documents, monitor the status of your claim, contact you if there are any needed revisions or updates, or represent you in this specific matter. Our goal is to ensure you are provided a path to make your claim.
You must file your claim directly on the official settlement website, which is managed by the court-appointed claims administrator. The only place to submit your claim is through the link provided above.
All questions about your claim must be directed to the claims administrator. Because we simply provide a path to the claims administrator’s website to submit, our support team does not have access to your submission details. You can find their contact information on the official website through the link provided above.
If you have more questions, please visit the official website of this settlement and contact the claims administrator.
