Apr. 24 at 1:54 PM
$ALFIQ agreed to settle
$1.7M with investors on allegations over false and misleading Registration Statements for the IPO about Alfi’s financial results, and internal control.
The deadline has passed but you can still file for a late claim.
1. Q. Do I need to sell/lose my shares to get this settlement?
A. No, you are eligible if you purchased during the class period.
2. Q. How much money do I get per share?
A. The average sum is
$0.19 per share but, usually, only 25% of all shareholders claim it so you can get 2.5x more than this
3. Q. Who can claim this settlement?
A. "If during the period between May 4, 2021
and March 11, 2022, inclusive (the “Settlement Class Period”), you purchased or otherwise acquired Alfi, Inc. (“Alfi” or the “Company”) common stock and/or warrants (“Alfi Securities”), including Alfi Securities purchased or otherwise acquired pursuant and/or traceable to the Registration Statement issued in connection with Alfi’s initial public offering on or about May 4,2021 (the “IPO” or “Offering”), and were damaged thereby"
4. Q. Lawyers will get all the money for this I won't get anything at the end of the day.
A. Lawyers already are getting paid, you'll lose only the money you don't claim.
Link:https://11thestate.com/cases/alfi-shareholder-settlement