Jul. 3 at 3:51 PM
$TASK agreed to a
$17.5M settlement with investors over claims it misled them about high employee attrition and inflated Glassdoor ratings.
Who’s eligible?
Anyone who bought and held
$TASK stock between June 11, 2021 and January 19, 2022.
Do I need to sell to qualify?
No — you're eligible if you bought during that period, regardless of whether you sold.
How much is the payout?
Estimated at
$0.45 per share — but typically only 25% of eligible investors file, so it could go up to
$1.80 per share.
Can I still file?
The court has approved the settlement.
When do payouts happen?
Usually 8–12 months after the court grants final approval.
To file your claim: https://11th.com/cases/taskus-investor-settlement
