May. 5 at 10:14 AM
$PHI agreed to a
$3M settlement with investors over claims it hid capital spending budget overruns that impacted financial transparency.
Who’s eligible?
Anyone who bought PLDT ADS/ADR shares between January 1, 2019 and December 21, 2022.
Do I need to sell my shares to qualify?
No — you're eligible if you purchased during that period, regardless of whether you still hold or already sold them.
How much is the payout?
Estimated at
$0.58 per share, but if only 25% of eligible investors file, you could receive up to
$2.32 per share.
Can I still file?
Yes — late claims are being considered, subject to court approval.
When do payouts happen?
Usually 8–12 months after final court approval. The hearing is scheduled for August 5, 2024.
To file your claim: https://11th.com/cases/pldt-investor-settlement
