Holley Inc. Securities Settlement, Check If You Qualify City of Fort Lauderdale General Employees’ Retirement System v. Holley Inc., No. 1:23-cv-00148-GNS

There’s $12,750,000 waiting for eligible Holley Inc. investors — if you bought or acquired Holley common stock or warrants between July 21, 2021, and February 6, 2023. Holley and its insurers agreed to pay that amount to settle claims that the company and its executives misled investors about its business. You have until November 19, 2026, to file a claim.

Holley Inc. Securities Settlement — Key Facts

Settlement Amount	$12,750,000
Claim Deadline	November 19, 2026
Who Qualifies	Anyone who purchased or otherwise acquired Holley Inc. (NYSE: HLLY) common stock or warrants between July 21, 2021, and Feb. 6, 2023, and was damaged
Estimated Payout	Pro-rata share of the Net Settlement Fund, based on your Recognized Loss Amount under the Plan of Allocation
Proof Required (Yes/No)	Yes — brokerage statements or confirmation slips showing your trades
Settlement Status	Preliminarily approved; Settlement Hearing set for Nov. 9, 2026
Court & Case Number	U.S. District Court, Western District of Kentucky, Bowling Green Division — No. 1:23-cv-00148-GNS
Law Alleged	Sections 10(b) and 20(a) and Rule 10b-5 of the Securities Exchange Act of 1934
Administrator	Verita Global, LLC
Official Claim Site	veritaconnect.com/HolleySecuritiesSettlement
Last Updated	September 15, 2026

Who Is Holley Inc. and Why Are They Being Sued for Securities Fraud?

Holley Inc. makes automotive aftermarket performance parts and sells through a mix of resellers, distributors, and its own direct-to-consumer website. That dual channel is exactly what’s at the center of this case: plaintiffs say Holley pushed hard into direct-to-consumer sales and discounting, which undercut the pricing its resellers relied on. Because so much of Holley’s revenue ran through those reseller relationships, straining them wasn’t a side issue — it went straight at the company’s core business.

What Did Holley Do to Investors Between July 2021 and February 2023?

The lawsuit accuses Holley, former CEO Tom Tomlinson, former CFO Dominic Bardos, and executive Vinod Nimmagadda of violating Sections 10(b) and 20(a) of the Securities Exchange Act — the core anti-fraud rules that make it illegal to lie or omit key facts when talking about a public company’s financial health. Investors say Holley talked up its growth and reseller relationships while allegedly staying quiet about the damage underneath.

According to the complaint, Holley didn’t disclose that resellers were cutting orders and returning product at levels far above historical norms as the direct-to-consumer push ate into their business. When that reality reached the market, the stock took the hit. Holley denies all of it and hasn’t admitted wrongdoing — that’s standard in a settlement like this — but agreed to pay to put the case behind it.

If you held Holley stock through that stretch and watched the value drop without knowing why, this is the “why.”

Who Qualifies for the Holley Inc. Securities Settlement?

Here’s exactly how to know if this case includes you.

• Investors who bought or otherwise acquired Holley common stock during the class period, whether through a brokerage or a direct purchase
• Anyone holding Holley warrants purchased between July 21, 2021, and February 6, 2023
• Institutions and individuals alike — there’s no minimum share count to file
• Estates and trustees filing on behalf of a deceased Holley shareholder, with proof of authority attached

Who does not qualify:

• Holley’s named defendants, their immediate family, and company officers or directors from the class period
• Anyone who already filed a valid request to be excluded from the class
• Purchases made outside the July 21, 2021, through February 6, 2023, window

Separate claims are required for separate legal entities — an individual’s personal account and their IRA each need their own Proof of Claim, but one corporation with multiple brokerage accounts files just one.

Holley Inc. Investors Outside the U.S. — Are You Still Covered?

This is a federal securities class action, so coverage is nationwide and isn’t limited by state. What matters is where and when you bought the stock or warrants, not where you live — a Holley investor in any state qualifies the same way.

Not sure if you qualify for the Holley Inc. securities settlement? A free consultation with a securities fraud attorney can help before the November 19, 2026 deadline.

How Much Can Holley Inc. Settlement Class Members Get? Up to $12,750,000 Total

There’s no flat per-share number here. Your payout depends on your Recognized Loss Amount — a formula built around how many shares or warrants you bought, what you paid, when you bought them, and whether and when you sold. That amount then gets weighed against every other valid claimant’s losses to calculate your share of the Net Settlement Fund.

More valid claims filed against the fund means smaller checks for everyone. Fewer claims, bigger checks. Distributions under $10 don’t get paid out at all — the administrator skips them rather than cut a check that costs more to process than it’s worth. Payment timing isn’t set: Verita’s own estimate is nine to twelve months of claims processing after the November 19, 2026 deadline, and that’s before any appeals get resolved. Payments over $600 may show up on a 1099. Check with a tax professional.

That processing estimate is worth sitting with. File in November, and a check landing before next fall wouldn’t even be early — it’d be on the fast end of normal.

What Pro-Rata Means for Your Holley Check

Your Recognized Loss gets divided by everyone’s combined Recognized Loss, then multiplied against the total fund. Bigger documented losses relative to the group mean a bigger slice. Good documentation is what actually moves your number.

How to File Your Holley Inc. Settlement Claim — Step by Step

1. Go to the official claim portal at veritaconnect.com/HolleySecuritiesSettlement
2. Enter your name, contact information, and whether you’re filing as an individual or an entity
3. List every Holley stock or warrant transaction during the class period — purchase dates, share counts, and prices
4. Upload supporting documentation: brokerage confirmation slips or monthly statements. Stock certificates alone won’t work
5. Submit online, or mail a signed paper form to Holley Securities Settlement, Claims Administrator, c/o Verita Global, P.O. Box 301170, Los Angeles, CA 90030-1170
6. Save your confirmation and watch for contact from Verita if anything needs clarifying

Filing takes longer than most claim forms — expect 20 to 30 minutes if your brokerage records are organized, more if you need to track down old statements.

Should Holley Inc. Class Members Opt Out or Object Before October 19, 2026?

What Opting Out of the Holley Settlement Actually Means

Opting out means you get no payment from this $12.75 million fund, but you keep your right to sue Holley and the other defendants on your own. Most people shouldn’t do this without talking to a securities lawyer first, since it trades a documented, court-supervised recovery for a lawsuit you’d have to bring and fund yourself. The opt-out deadline is October 19, 2026.

How to Object to the Holley Settlement

Objecting means you stay in the class, can still file a claim, and tell the court in writing why you think the deal, the Plan of Allocation, or the attorneys’ fee request falls short. Objections must go to the U.S. District Court for the Western District of Kentucky in Bowling Green and to Lead Counsel, all received no later than October 19, 2026.

Talk to a class action lawsuit attorney before October 19, 2026 if you’re weighing either option.

Holley Inc. Securities Settlement — Key Dates, 2026

Milestone	Date
Court Certifies the Class	August 3, 2026
Exclusion Deadline	October 19, 2026
Objection Deadline	October 19, 2026
Notice of Intent to Appear Deadline	October 19, 2026
Settlement Hearing	November 9, 2026, 9:30 a.m. CT
Claim Filing Deadline	November 19, 2026
Expected Payment Date	UNVERIFIED — administrator estimates 9-12+ months of processing after the claim deadline, pending court and appeal timing

Holley Inc. Securities Settlement — Frequently Asked Questions, No. 1:23-cv-00148-GNS

Do I need a lawyer to file a Holley Inc. settlement claim? 

No. Filing is free through Lead Counsel, Robbins Geller Rudman & Dowd LLP, and you can submit your own Proof of Claim online. A securities fraud attorney is worth calling if your trading history is complicated or spans multiple accounts.

Is the Holley Inc. securities settlement legitimate? 

Yes. It’s a court-supervised settlement in City of Fort Lauderdale General Employees’ Retirement System v. Holley Inc., pending before Judge Greg N. Stivers in the Western District of Kentucky, administered by Verita Global, LLC. The court granted preliminary approval before the Settlement Hearing was scheduled for November 9, 2026.

When will Holley Inc. settlement payments be sent? 

No date is set. Verita estimates nine to twelve months of claims processing after the November 19, 2026 deadline, and that clock doesn’t start until any appeals of the final approval are resolved.

What if I missed the Holley claim deadline? 

The Notice doesn’t guarantee late claims will be accepted. File online by November 19, 2026 to avoid the question altogether.

Will my Holley settlement payment go on a 1099?

 Possibly. Payments over $600 may generate a 1099. Ask a tax professional how a securities settlement recovery affects your specific return.

Do I need my exact Holley trade records, or can Verita look them up for me? 

You need your own records. Verita doesn’t hold investor stock records — it only handles notice and claims. Contact your brokerage for confirmation slips or account statements if you don’t have them saved.

What specific claims does Holley allegedly violate? 

The lawsuit alleges violations of Sections 10(b) and 20(a) and Rule 10b-5 of the Securities Exchange Act of 1934, tied to statements about reseller relationships, pricing, the direct-to-consumer business, and M&A activity.

Sources Used in This Holley Inc. Securities Article

• Official Settlement Site — Home and Settlement Notice: https://www.holleysecuritiessettlement.com/
• Official Settlement Site — FAQs: https://www.holleysecuritiessettlement.com/frequently-asked-questions.aspx
• Official Settlement Site — Court Documents: https://www.holleysecuritiessettlement.com/court-documents.aspx
• Official Claim Portal: https://veritaconnect.com/HolleySecuritiesSettlement/
• Holley Inc. SEC Form 10-Q, litigation disclosure: https://www.sec.gov/Archives/edgar/data/0001822928/000182292826000068/hlly-20260628.htm

Researched and written by Israr Ahmad, legal content researcher and founder of AllAboutLawyer.com. All facts verified against the official settlement website (holleysecuritiessettlement.com), Holley Inc.’s SEC filings, and court records for Case No. 1:23-cv-00148-GNS on September 15, 2026. Last Updated: September 15, 2026.

This article is for informational purposes only and does not constitute legal advice. Laws vary by state and individual circumstances differ. For advice about your specific situation, consult a qualified attorney.