Jan. 20 at 3:24 PM
$BEKE has agreed to settle with investors over claims that it misled the market about the number of stores and agents on its platform and overstated revenue and transaction volume in connection with its
$2.3B secondary offering.
Who’s eligible?
Anyone who purchased
$BEKE shares between November 19, 2020 and March 11, 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
$0.53 — but normally only ~25% of eligible investors file, the effective payout could increase to
$2.12.
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/ke-investor-settlement
