Aug. 29 at 1:26 PM
$SGLY has agreed to settle
$3,000,000 with investors to resolve claims that it falsely promoted a shift from a shipping business to a crypto hardware company.
Who’s eligible?
Anyone who purchased
$SGLY shares between February 2, 2021, and February 24, 2023.
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
$0.85 — but if only ~25% of eligible investors file, the effective payout could increase to
$3.40.
Can I still file?
Yes — claims are currently being accepted.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/singularity-investor-suit?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=08292025_1