Sep. 16 at 11:14 AM
$LTCH has agreed to settle with investors by paying
$1.95 million to resolve claims that it misled them by failing to properly report hardware sales, which caused inaccurate revenue reporting in 2021 and early 2022.
Who’s eligible?
Anyone who purchased
$LTCH shares between June 7, 2021 and October 30, 2023.
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.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/latch-investor-settlement?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=09162025_1