Aug. 5 at 2:13 PM
$SGLY agreed to a
$3M settlement with investors over claims that it falsely promoted a shift from a shipping business to a crypto hardware company.
Who’s eligible?
Anyone who purchased or otherwise acquired
$SGLY stock between February 2, 2021, and February 24, 2023, and were damaged thereby.
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
$0.85 — but if only ~25% of eligible investors file, the effective payout could increase to
$3.40 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/singularity-investor-suit?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=08052025_1
