May. 8 at 12:02 PM
$PRU agreed to a
$35M settlement with investors over claims it understated liabilities and overstated reserves in its Individual Life segment.
Who’s eligible?
Anyone who bought and held
$PRU stock between June 5, 2019 and August 2, 2019.
Do I need to sell my shares to qualify?
No — you're eligible if you purchased during that period, regardless of whether you sold or still hold.
How much is the payout?
Estimated at
$1.57 per share, depending on how many investors file a claim.
Can I still file?
Yes — late claims are being accepted, subject to court approval.
When do payouts happen?
Usually 8–12 months after final approval, which is scheduled for June 13, 2024.
To file your claim: https://11th.com/cases/prudential-investor-settlement