Oct. 16 at 11:56 AM
$HYW (now
$STEC) has agreed to a
$1M settlement to resolve claims arising from its March 2021 IPO.
Who’s eligible?
Anyone who purchased
$HYW shares between March 25, 2021, and March 19, 2024.
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
$0.33 — but if only ~25% of eligible investors file, the effective payout could increase to
$1.X.32.
Can I still file?
Yes — claims are currently being accepted, including late claims, until August 31, 2025.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/hywin-investor-settlement?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=10162025_1