Nov. 5 at 3:53 PM
$LTCH has agreed to a settlement to resolve claims that it misled investors by failing to report certain hardware sales, resulting in inaccurate revenue for 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 — claims are currently being accepted, including late claims (claim deadline pending court approval).
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=11052025