Veon Securities Class Action Settlement 2026, Claim Your Share of the $19.97M Fund Before the April Deadline

If you invested in Veon Ltd. (formerly VimpelCom Ltd.) between 2011 and 2015, you may be eligible for a cash payment from a $19,970,000 class action settlement. As of February 2026, the claims process is officially active, with a strict filing deadline of April 28, 2026.

Veon Ltd. Settlement Overview and Background

The Veon Securities Class Action Settlement (Case No. 1:15-cv-08672-ALC-OTW) resolves long-standing allegations of securities fraud in the U.S. District Court for the Southern District of New York. The lawsuit alleged that Veon made materially false and misleading statements regarding its operations in Uzbekistan, specifically involving an alleged bribery scheme to gain market access.

The settlement was preliminarily approved on January 22, 2026, establishing a $19.97 million gross settlement fund. This fund is designed to compensate investors for financial losses incurred due to the alleged misconduct. While Veon denies all allegations of wrongdoing, the court has moved forward with the distribution process to provide a guaranteed cash benefit to class members this year.

Claim Eligibility and Class Membership

To be considered a “Settlement Class Member” and qualify for a payout, you must meet the following criteria:

• Eligible Securities: You must have purchased or acquired Veon Ltd. American Depositary Shares (ADSs).
• The Class Period: Purchases must have occurred between June 30, 2011, and November 3, 2015, inclusive.
• Retention Requirement: You must have held those specific ADSs through at least March 12, 2014.

If you sold all your shares before March 12, 2014, you are not considered part of the class. Additionally, certain “Excluded Persons,” such as Veon executives and their immediate family members, are ineligible to participate in the fund.

Claim Filing Procedures and Deadlines

The window to secure your portion of the $19.97 million fund is currently open. Here is how to file:

• Filing Deadline: Your Proof of Claim form must be submitted online or postmarked by April 28, 2026.
• Online Submission: Visit the official claims administrator portal at www.strategicclaims.net/VEON to file electronically.
• Documentation Required: You must provide proof of your transactions. This includes brokerage confirmation slips, monthly account statements, or a letter from your broker verifying the number of shares, purchase/sale dates, and prices.
• Submission Methods: While online filing is fastest, you may also mail your claim to: VEON Ltd. Securities Litigation, c/o Strategic Claims Services, P.O. Box 230, Media, PA 19063.

Claim Amounts and Payout Calculations

The amount you receive depends on the “Recognized Loss” formula approved by the court. Lead Plaintiff estimates that the average recovery is approximately $0.069 per damaged share. However, your actual payout will be determined by:

1. The total number of valid claims submitted.
2. The “inflation” in the stock price at the time of your purchase.
3. Whether you sold your shares at a loss or still hold them.

Payouts will be distributed on a pro-rata basis from the Net Settlement Fund (the total fund minus court-approved legal fees and administrative costs). Following the Final Fairness Hearing on May 19, 2026, the court will authorize the distribution of checks to authorized claimants.

What You Must Know

Critical Eligibility Rules

It is vital to understand that this settlement specifically covers American Depositary Shares (ADSs). If you traded other forms of Veon securities not listed on U.S. exchanges, you might not be eligible. Furthermore, if your calculated payout is below the “de minimis” threshold of $10.00, the administrator may not issue a payment due to processing costs.

Common Mistakes Claimants Make

Many investors forfeit their right to recovery because of preventable errors:

• Missing the April 28 Deadline: Late claims are almost always rejected without exception.
• Incomplete Records: Submitting a claim without brokerage statements to prove your purchase price is the #1 cause of “Notice of Rejection.”
• Incorrect Ticker Information: Ensure you are documenting VEON (or the former ticker VIP) correctly in your transaction history.

2026 Settlement Updates

As of February 12, 2026, the claims administrator has begun sending out postcard notices to known shareholders. If you did not receive a notice but believe you are eligible, you should manually download the “Long Notice” from the official website immediately to ensure you don’t miss the upcoming spring deadline.

What to Do Next

How to File Your Claim: Step-by-Step

1. Gather Documents: Log into your brokerage account and download statements from 2011 through 2016.
2. Access the Portal: Navigate to the Strategic Claims Services VEON page.
3. Complete the Schedule: List every purchase and sale of Veon ADSs during the class period.
4. Submit & Save: File the form and save your “Claim ID” for future status checks.

How to Verify Settlement Information

To confirm your eligibility or check the status of a filed claim, use the official resources:

• Official Website: www.strategicclaims.net/VEON
• Phone Support: 1-866-274-4004 (Toll-Free)
• Email: [email protected]

Whether Legal Representation is Needed

The court has already appointed The Rosen Law Firm, P.A. as Lead Counsel to represent the interests of all class members. You do not need to hire your own lawyer to participate in this $19.97 million settlement. However, if you wish to exclude yourself from the settlement to pursue a private lawsuit against Veon, you must submit an “Exclusion Request” by April 28, 2026.

FAQs

What is the Veon Ltd. $19.97 Million Securities Class Action Settlement about?

The settlement resolves a lawsuit alleging that Veon Ltd. misled investors by concealing a bribery scheme in Uzbekistan, which allegedly artificially inflated the stock price between 2011 and 2015.

Am I eligible to claim in the Veon settlement?

You are eligible if you purchased Veon ADSs from June 30, 2011, through November 3, 2015, and held them until at least March 12, 2014.

What is the deadline to file a claim in the Veon settlement?

All claims must be submitted online or postmarked by April 28, 2026.

What documentation do I need to file a claim?

You need brokerage statements or confirmation slips that clearly show the date, price, and number of shares for every purchase and sale made.

How much will I receive from the Veon settlement?

The average estimated recovery is $0.069 per damaged share, but your actual amount depends on the total number of claims and your specific transaction dates.

How do I file a claim in the Veon settlement?

You can file electronically at www.strategicclaims.net/VEON or mail a paper claim form to Strategic Claims Services in Media, PA.

Where can I find more information about the Veon settlement?

The most reliable source is the official administrator website at Strategic Claims Services, which hosts all court-approved documents.

Last Updated: February 12, 2026

Disclaimer: This article is for informational purposes only and does not constitute legal advice.

Don’t let your share of the $19.97 million fund go unclaimed. Submit your documentation today.

Stay informed, stay protected. — AllAboutLawyer.com

Meta Description: Claim your share of the $19.97M Veon Securities Settlement. Learn about the April 28, 2026 deadline, eligibility rules, and how to file your claim for a payout.

About the Author

Sarah Klein, JD, is a licensed attorney and legal content strategist with over 12 years of experience across civil, criminal, family, and regulatory law. At All About Lawyer, she covers a wide range of legal topics — from high-profile lawsuits and courtroom stories to state traffic laws and everyday legal questions — all with a focus on accuracy, clarity, and public understanding.
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