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2017 CBOT Wheat Futures Class Action

866-588-5528

This official website is maintained by the Settlement Administrator retained and supervised by Class Counsel for the Settlement Class Members in the action consolidated within Dennis v. The Andersons Inc., Case No. 1:20-cv-04090 pending in the United States District Court for the Northern District of Illinois Eastern Division. 

FAQ

Answer:

The Class certified by the Court is defined as all persons or entities who purchased:

  1. A long position in Chicago Board of Trade (“CBOT”) soft red winter (“SRW”) wheat December 2017 or March 2018 futures contracts;
  2. A long position in CBOT call options on CBOT soft red winter wheat March 2018 futures contracts; or
  3. A short position in CBOT put options on CBOT soft red winter wheat March 2018 futures contracts—and subsequently liquidated the position through an offsetting market transaction at any point during the period of November 30 through December 14, 2017, inclusive (the “Class Period”), except that sales of CBOT March 2018 futures contracts made after December 14, 2017, qualify for inclusion in the Class only to the extent they were made in liquidation of a long position in the CBOT March 2018 contract which was initiated prior to December 14, 2017.

Answer:

If you are still not sure if you are included, you may contact the Settlement Administrator for more information.  If you have reason to believe that you are a member of the Settlement Class and wish to remain a member of the Settlement Class, you do not need to do anything at this time.

Defendants Cargill Incorporated and The Andersons, Inc. have agreed to settle the claims in this lawsuit, and to individually pay $5 million each.

The Court will consider whether to approve the Settlements as fair, reasonable, and adequate at the Settlement Hearing on November 12, 2026.

The option to exclude yourself from the Settlement Class passed February 3, 2026. If you did not exclude yourself previously, you are a Class Member and cannot ask to be excluded now.

If you are a Class Member and have not excluded yourself, you are eligible to file a Claim Form to receive your share of money from the Net Settlement Fund. Claim Forms must be submitted online at the Settlement Website on or before 11:59 p.m. Central time on December 14, 2026, OR postmarked by December 14, 2026 and mailed to:


2017 CBOT Wheat Futures Class Action
c/o A.B. Data, Ltd.
P.O. Box 173107
Milwaukee, WI 53217

Please keep all data and documentation related to your eligible CBOT Wheat Futures or Options. Having data and documentation may be important to substantiating your Claim Form.


If you do not file a Claim Form, you will not receive any payments from the Net Settlement Fund.

At this time, it is not known precisely how much each Authorized Claimant will receive from the Net Settlement Fund. The amount of your payment will be determined by the Distribution Plan, if it is approved, or by such other plan of distribution that is approved by the Court.

You remain a Class Member. That means you cannot sue, continue to sue, or be part of any other lawsuit against Defendants or the Released Parties, or any other Person, based on the Settled Claims.

You will still remain a Settlement Class Member if you fit the Settlement Class description. However, if you do not submit a timely and valid Claim Form, you will not receive any payment from the Net Settlement Fund.  You will still be bound by Court rulings and will not be able to start a lawsuit, continue with a lawsuit, or be a part of any other lawsuit against Defendants or any of the other Released Parties on the basis of the Settled Claims.

Answer:

You do not need to hire your own lawyer.  The Court appointed Lowey Dannenberg, P.C., 44 South Broadway, Suite 1100, White Plains, New York 10601, and Kirby McInerney LLP, 211 West Wacker Drive, Suite 550, Chicago, Illinois 60606, as “Class Counsel” to represent the Class. To participate in the class action, you do not have to pay Class Counsel or anyone else. Instead, if Class Counsel recovers money or benefits for the Class, they will ask the Court for an award of attorneys’ fees and costs to be paid from any such recovery whether by judgment award or settlement fund. You may hire your own lawyer to appear in Court for you, but if you do, you are responsible for paying that lawyer.

Answer:

If you have questions related to this lawsuit, your rights, or wish to review other documents related to this lawsuit, you may visit www.2017CBOTWheatFuturesClassAction.com or call 866-588-5528.