Nov. 25 at 3:12 PM
$TALK has agreed to settle with investors over claims that it misled them about advertising costs, customer demand, and financial guidance ahead of its merger.
Who’s eligible?
Anyone who purchased
$TALK shares between June 11, 2020 and November 15, 2021.
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
$0.09 — but if only ~25% of eligible investors file, the effective payout could increase to
$0.36.
Can I still file?
Yes — late claims are currently being accepted, subject to approval.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/talkspace-securities-settlement