Scott G. Kormos, et al. v Playtika Holding UK II Limited Settlement
If you owned Playtika Holding Corp. common stock as of 11:59 p.m. EDT on October 3, 2022, you are automatically included in a proposed $24.75 million class action settlement and could receive a cash distribution—no claim form required. Review the details below and visit the official settlement website to protect your rights.
Visit Official Settlement WebsiteWho Is Eligible?
- All record holders and beneficial owners of Playtika Holding Corp. (“Playtika”) common stock as of 11:59 p.m. EDT on October 3, 2022.
- Excludes certain persons and entities associated with the defendants as described in the Notice.
What Does the Settlement Provide?
- Cash payment of $24,750,000 to be distributed pro rata among eligible Class Members.
- No claim form—payments will be sent automatically after the Court grants final approval and any appeals are resolved.
Key Dates
- Objection deadline: January 6 2026
- Notice of intention to appear: January 6 2026
- Final approval hearing: January 21 2026 at 1:30 p.m. EST
Background of the Litigation
Plaintiffs alleged that controlling shareholder Playtika Holding UK II Limited (“PHUKII”) engineered an August 2022 self-tender offer—up to $600 million at $11.58 per share—to entrench its majority control, breaching fiduciary duties owed to minority shareholders. Defendants deny all wrongdoing and liability. After arm’s-length mediation on July 24 2025 and subsequent negotiations, the parties agreed to the present settlement, subject to Court approval.
How to Exercise Your Rights
- Do nothing: You remain in the Class and will receive a payment if the settlement is approved.
- Object: Submit your written objection to the Court so it is received by January 6 2026.
- Attend the hearing: File a notice of intention to appear by January 6 2026 if you want to speak at the January 21 2026 hearing.
Important Documents
Download the Full Notice (PDF)Need Help?
Contact the Settlement Administrator:
- Playtika Securities Settlement, 1650 Arch Street Suite 2210, Philadelphia PA 19103
- Phone: (844) 643-4844
- Email: info@PlaytikaSecuritiesSettlement.com
Frequently Asked Questions
Do I need to submit a claim to receive money from the Playtika settlement?
No. Eligible Class Members will automatically receive a pro rata cash payment; no claim form is required.
How much will each shareholder receive from the Scott G. Kormos v Playtika settlement?
The exact per-share amount depends on the number of eligible shares but will come from the $24.75 million fund after Court-approved deductions.
Can I exclude myself from the settlement?
The settlement does not provide an option to request exclusion; all eligible shareholders are bound unless the Court denies approval.
When will payments be issued?
Payments will be distributed after the Court grants final approval on January 21 2026 (or later) and any appeals are resolved. Please be patient.
How do I object to the Playtika Holding UK II Limited settlement?
Send a written objection to the Court so it is received by January 6 2026. Detailed instructions are in the Notice linked above.