Jul. 11 at 5:51 AM
$LOVE reached a
$615K settlement with investors over undisclosed accounting errors that impacted earnings reports.
Who’s eligible?
Anyone who bought and held
$LOVE stock between June 8, 2022 and August 16, 2023.
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.
How much is the payout?
Estimated at
$0.09 per share — but if only ~25% of eligible investors file, the effective payout could rise to
$0.36 per share.
Can I still file?
Yes — late claims are currently being considered, subject to court approval.
When do payouts happen?
Typically 8–12 months after the court grants final approval (hearing scheduled for December 9, 2024).
To file your claim: https://11th.com/cases/lovesac-investor-suit
