Mar. 6 at 12:02 PM
$PARAA /
$VIACA has agreed to settle with investors over claims that the company misled them about its financial ties to Archegos Capital.
Who's eligible?
Anyone who purchased
$PARAA /
$VIACA shares between March 24, 2021 and March 4, 2025.
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
$1.11 — but normally only ~25% of eligible investors file, the effective payout could increase to around
$4.44.
Can I still file?
If you bought
$PARAA /
$VIACA between March 24, 2021 and March 4, 2025, you can submit a late claim for consideration.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/viacom-investor-settlement