TradeAlgo Text Message Class Action Settlement
People who got repeated TradeAlgo sales texts after opting out or while on the Do Not Call Registry (Feb. 24, 2022–Feb. 24, 2026) can claim up to $50.10. The claim deadline is January 25, 2027.
Settlement fund
$5.25 million
Total settlement fund
Top payout
Up to $50.10
Cut pro rata if fund can't cover $50.10 each after fees and costs
Claim deadline
Jan 25, 2027
73 days remaining
You may be owed money
Get claim instructions and more information directly from the official settlement website. Deadline: Jan 25, 2027.
Do you qualify?
You are a Class Member if ALL of the following apply:
- People who, from February 24, 2022 through February 24, 2026, were sent more than one text message within any 12-month period by or on behalf of TradeAlgo selling its products or services after replying "stop" or a similar opt-out, or while their number was on the National Do Not Call Registry. There are three classes: a nationwide TCPA "STOP" Class, a Florida FTSA "STOP" Class, and a nationwide TCPA "DNC" Class.
Not sure if you qualify? Contact the Settlement Administrator (Kroll Settlement Administration LLC) at (833) 319-1315, Reyes v. TA Fintech Inc. d/b/a TradeAlgo, c/o Kroll Settlement Administration LLC, P.O. Box 5324, New York, NY 10150-5324, or visit tradealgotcpasettlement.com.
What happened
The lawsuit alleges TradeAlgo sent marketing text messages to people after they replied "stop" or while their numbers were on the Do Not Call Registry. This allegedly violated the Telephone Consumer Protection Act and/or the Florida Telephone Solicitation Act.
The defendant denies any wrongdoing. No court has decided who is right.
How to file a claim
1. Confirm you are eligible
People who, from February 24, 2022 through February 24, 2026, were sent more than one text message within any 12-month period by or on behalf of TradeAlgo selling its products or services after replying "stop" or a similar opt-out, or while their number was on the National Do Not Call Registry. There are three classes: a nationwide TCPA "STOP" Class, a Florida FTSA "STOP" Class, and a nationwide TCPA "DNC" Class.
2. Choose your benefits
Claim Settlement Payment: Up to $50.10.
3. File online or by mail
Submit a Claim Form online through the Submit Claim button by 11:59 p.m. ET on January 25, 2027. Or download the paper Claim Form from the Documents page (or call (833) 319-1315 to have one mailed), fill it out, sign it, and mail it postmarked by January 25, 2027. Only one Claim Form per person. Open the claim form.
Key dates
- Dec 9, 2026Opt-out & objection deadlineUpcoming
- Jan 25, 2027Claim filing deadlineUpcoming
- Jan 8, 2027Final Fairness Hearing (9:00 a.m. ET)Upcoming
- TBD after final approvalPayments issued to claimantsPending
Where the money is going
This is a settlement fund of up to $5,250,000 made available by TradeAlgo. The fund pays notice and administrative costs, Court-awarded attorneys' fees and expenses, and any service awards for the Class Representatives, and the rest pays class members who submit valid claims, up to $50.10 each. If the fund is not enough to pay $50.10 per approved claim, the per-person amount is reduced pro rata. Any money left after all distributions is returned to TradeAlgo.
All amounts listed above are pending and subject to final court approval at the Final Approval Hearing. The Court may award less than the amounts requested. Payments may be reduced pro rata depending on the number of valid claims, and any money remaining after distributions is returned to TradeAlgo.
Common questions
How much can I get?
Settlement Class Members who submit a timely, valid, complete, and verified Claim Form will receive up to $50.10 per Settlement Class Member, and the amount will be uniformly reduced on a pro rata basis if the Settlement Fund is insufficient to pay $50.10 for each approved Claim.
Do I need proof to file a claim?
The site says you must submit a timely, valid, complete, and verified Claim Form; it does not state that any supporting documents are required.
What is the deadline to file a claim?
Claim Forms must be submitted online by 11:59 p.m. ET on January 25, 2027, or postmarked on or before January 25, 2027 if submitted by mail.
What if I did not receive a Notice?
The site does not say a Notice is required to file a claim. It says that if you have questions about whether you are in the Settlement Classes, you may call (833) 319-1315 or read the Settlement Website for more information.
Dapeer Law, P.A.
Consumer class action attorneys based in South Florida. We track settlements so you don’t have to.
Similar open settlements
This page is for informational purposes only and does not constitute legal advice. Dapeer Law, P.A. is not the administrator of this settlement and is not affiliated with TA Fintech Inc. d/b/a TradeAlgo, Kroll Settlement Administration LLC (the Settlement Administrator), or Class Counsel Christopher Berman of Shamis & Gentile, P.A.; Scott Edelsberg of Edelsberg Law, P.A.; Garrett Berg of Garrett Berg Law, P.A.; Christopher Gold of Gold Law, PA. The case is Sandra Reyes v. TA Fintech Inc. d/b/a TradeAlgo, Case No. 2026-001915-CA-01, pending in the Circuit Court of the Eleventh Judicial Circuit in and for Miami-Dade County, Florida before the Honorable Robert Watson. Class representatives are Sandra Reyes and Robert Kidd. TradeAlgo denies wrongdoing. This website is attorney advertising. Past results do not guarantee future outcomes.
