May. 20 at 5:18 PM
$PHI agreed to a
$3M settlement with investors over claims it hid capital spending budget overruns.
Who’s eligible?
Anyone who bought and held
$PHI ADRs between January 1, 2019 and December 21, 2022.
Do I need to sell to qualify?
No — you're eligible if you bought during that period, even if you still hold the shares.
How much is the payout?
Estimated at
$0.58 per share — but if only 25% of eligible investors file, it could go up to
$2.32 per share.
Can I still file?
Yes — late claims are currently being accepted.
When do payouts happen?
Usually 4–9 months after the court grants final approval.
To file your claim: https://11th.com/cases/pldt-investor-settlement
