Dec. 24 at 1:56 PM
$AXSM has agreed to settle with investors over claims that it misled them about regulatory risks related to its migraine drug AXS-07.
Who’s eligible?
Anyone who purchased
$AXSM shares between December 30, 2019 and April 22, 2022.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
The payout per share is
$0.46 — but if only ~25% of eligible investors file, the effective payout could increase to
$1.84.
Can I still file?
Yes — claims are currently being accepted.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/axsome-investor-settlement
