Jun. 30 at 10:41 AM
$CHGG agreed to a
$55M settlement with investors over claims it misled them about the sustainability of its pandemic-driven growth.
Who’s eligible?
Anyone who bought and held
$CHGG stock between May 5, 2020 and November 1, 2021.
Do I need to sell to qualify?
No — you're eligible if you bought during that period, even if you still hold the shares.
How much is the payout?
It hasn’t been determined yet — but typically only 25% of eligible investors file, so actual payouts could be higher than expected.
Can I still file?
Yes — late claims are currently being accepted.
When do payouts happen?
Usually 8–12 months after the court grants final approval.
To file your claim: https://11th.com/cases/chegg-investors-settlement
