Sep. 25 at 12:32 PM
$BIOR has agreed to settle with
$PROG investors by paying
$1 million to resolve claims that it misled them about overbilling issues and financial risks ahead of its IPO.
Who’s eligible?
Anyone who purchased
$PROG shares between June 22, 2020 and August 28, 2020.
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
$0.21 — but if only ~25% of eligible investors file, the effective payout could increase to
$0.84.
Can I still file?
Yes — the settlement has been stipulated and claims are 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/progenity-investor-settlement?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=09252025_1