Enter the class action amount as though you did receive a 1099-B, as investment income, to complete your return. Be sure to enter dates that would reflect short term holding period (less than one year. Enter zero as the selling price and the loss as the cost basis. Also you can label it as 'Class Action Settlement'.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"