Feb. 2 at 3:39 PM
$MYPS has reached a settlement with investors over claims that it misled the market about its financial performance and the expected success of its flagship game, Kingdom Boss.
Who’s eligible?
Anyone who purchased
$MYPS shares between May 14, 2021 and March 1, 2022.
What is this case about?
Investors claim Playstudios overstated the revenue potential of Kingdom Boss, projecting major earnings before later abandoning the game due to severe development failures.
How much is the payout?
The payout per share is
$0.30 — but normally only ~25% of eligible investors file, the effective payout could increase to
$1.20.
Can I still file?
Yes — late claims are being considered for compensation, subject to approval.
What’s the settlement amount?
Playstudios agreed to pay
$6.5 million in cash to resolve these claims.
When is the deadline?
Claims must be submitted by September 2, 2025.
To file your claim: https://11th.com/cases/playstudios-investor-suit
