Jul. 31 at 6:02 AM
$PRU agreed to settle
$35M with shareholders to end claims for overstating reserves sufficiency in life policy business.
Who’s eligible?
Anyone who bought and held
$PRU stock during the class period.
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 your shares.
How much is the payout?
The payout per share is
$1.57 — but if only ~25% of eligible investors file, the effective payout could increase to
$6.28 per share.
Can I still file?
Yes — late claims are being considered, pending court approval.
When do payouts happen?
Usually 8–12 months after the court grants final approval.
To file your claim: https://11th.com/cases/prudential-investor-settlement