Dec. 4 at 3:26 PM
$GE has agreed to a
$362.5M settlement to resolve claims that it misled investors by overstating its 2017 guidance and concealing financial risks tied to its Power segment.
Who’s eligible?
Anyone who purchased
$GE shares between February 19, 2016 and April 23, 2018.
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
$0.05 — but if only ~25% of eligible investors file, the effective payout could increase to
$0.20.
Can I still file?
Yes — late claims are currently being accepted, subject to approval.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/geaerospace-investor-settlement