Jun. 3 at 2:17 PM
[FAQ] Everything You Need to Know About the
$9.5M Expensify (
$EXFY) Settlement
Q: What happened?
A: Expensify agreed to a
$9.5 million settlement to resolve claims that investors were not given an accurate picture of the company's growth trends and business conditions leading up to its November 2021 IPO. After the company reported disappointing results and slower growth following the offering, the stock price declined and investors filed suit.
Q: Am I actually eligible?
A: If you purchased or otherwise acquired Expensify (
$EXFY) common stock between November 15 2021 and November 30 2023 you're likely eligible. You do not need to still own the shares to participate.
Q: How much will I actually get?
A: The current estimated payout is approximately
$0.85 per share. The final amount depends on your trading history and the total number of valid claims submitted. If fewer investors file claims, the payout per share could be higher.
Q: When do payouts happen?
A: Typically, distributions occur 4–9 months after the claims process is completed, although timing depends on court procedures and settlement administration.
Q: Is my data safe with 11th Estate?
A: Security is our top priority. We use bank-level encryption and are SOC2-compliant. We only process the trade data required for the court audit, and your personal financial credentials stay private.
Q: What is the fee?
A: We work on a 20% success fee. We handle the math, the paperwork, and the filing. If you don't get a payout, you don't pay us a cent.
Q: How do I start?
A: Just click the link below to submit your claim through our secure portal.
https://11th.com/cases/expensify-investors-lawsuit
