Dec. 5 at 2:06 PM
$GPN has agreed to a
$3.6M settlement with investors to resolve claims that it misled them about unauthorized membership fees charged by its subsidiary, Active Network.
Who’s eligible?
Anyone who purchased
$GPN shares between October 31, 2019 and October 18, 2022.
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
$0.03 — but if only ~25% of eligible investors file, the effective payout could increase to
$0.12.
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/globalpayments-investor-settlement
