Oct. 21 at 1:05 PM
$KPLT has agreed to a
$2.X.5M settlement to resolve claims that it misled investors about sales prospects, e-commerce performance, and consumer behavior following its merger with FinServ.
Who’s eligible?
Anyone who purchased
$KPLT shares between June 15, 2021, and August 9, 2021.
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
$0.09 — but if only ~25% of eligible investors file, the effective payout could increase to
$0.36.
Can I still file?
Yes — claims are currently being accepted, including late claims, until December 19, 2024.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/katapult-investor-suit?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=10212025_1
