Jul. 29 at 12:00 PM
$CRNC agreed to pay
$30 million to settle a class-action lawsuit accusing the company of misleading investors about its financial health.
Who’s eligible?
Anyone who bought and held
$CRNC stock between November 16, 2020, and February 4, 2022.
Do I need to sell my shares to qualify?
No — you're eligible if you purchased during that period, regardless of whether you sold or still hold your shares.
How much is the payout?
The payout per share is
$1.12 — but if only ~25% of eligible investors file, the effective payout could increase to
$4.48 per share.
Can I still file?
Yes — late claims are being considered, pending court approval.
When do payouts happen?
Usually 8–12 months after the court grants final approval.
To file your claim: https://11th.com/cases/cerence-investor-settlement
