Jul. 20 at 5:08 PM
Everything You Need to Know About the
$15.95M
$SPPI /
$ASRT Settlement Payout:
Q: What happened?
A: Spectrum Pharmaceuticals (
$SPPI) agreed to a
$15.95 million settlement over claims that it misled investors about the effectiveness and FDA approval prospects of its lead drug candidates, Poziotinib and Rolontis. Investors alleged the company concealed poor clinical results, manufacturing issues, and regulatory risks while continuing to present the drugs as being close to approval.
Q: Am I actually eligible?
A: If you bought
$SPPI shares between 2018 and 2021, you’re likely eligible. You don’t need to still hold the stock to claim; past losses count
Q: When do payouts happen?
A: Typically, within 4–9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
Q: I missed the deadline. Is it too late?
A: You may still be able to file a late claim but acceptance depends on final approval by the court.
Check if you eligible and file your claim: https://11th.com/cases/spectrum-investor-settlement
