Ameritrade Merger Litigation
Checked October 15, 2026 against the official notice · Edited by Ferhat Abdullahoglu
Free to check. We remind you before deadlines. You file on the official site.
This settlement is for individuals who held Ameritrade common stock between November 25, 2019, and October 6, 2020. Eligible class members will receive a pro rata cash payment from a $31.5 million settlement fund, which can go up or down depending on the number of eligible shares.
Who qualifies
- Between November 25, 2019 and October 6, 2020.
“All record holders and beneficial holders of Ameritrade common stock who held such stock at any point during the period from and including November 25, 2019, the date of the definitive merger agreement between Ameritrade and The Charles Schwab Corporation (the “Merger Agreement”), through and including October 6, 2020…”From the court-approved notice
What you can get
Pro rata cash payment
pro rata
Proof: None
These are the amounts the settlement publishes. Shares of a fund depend on how many people file: what pro rata means.
How to file
There's nothing to file: class members are paid automatically once the settlement is final.
Key dates
When settlements pay, and what can delay it.
Is this settlement legit?
Yes. It's a court-approved class action settlement in the Court of Chancery of the State of Delaware (case C.A. No. 2020-0360-PAF), run by JND Legal Administration. The official site is ameritrademergerlitigation.com. You never pay to file a claim. How to check a settlement notice.
Related settlements
ClaimWell summarizes the official notice so it's easier to read. It isn't legal advice; the official settlement site is the authority on who qualifies and what each claim pays.