May. 5 at 10:13 AM
$ASTE agreed to a
$13.7M settlement with investors over claims it hid production issues in its wood pellet business and downplayed their impact on financial results.
Who’s eligible?
Anyone who bought
$ASTE stock between July 26, 2016 and October 23, 2018.
Do I need to sell my shares to qualify?
No — you're eligible if you purchased during that period, even if you still hold your shares.
How much is the payout?
Estimated at
$1.15 per share, but if only 25% of eligible investors file, the payout could be as high as
$4.60 per share.
Can I still file?
Yes — late claims are being considered, subject to court approval.
When do payouts happen?
Payouts typically take 8–12 months after the final approval hearing, scheduled for September 5, 2024.
To file your claim: https://11th.com/cases/astec-investor-settlement