Sep. 4 at 5:35 PM
$TASK has agreed to settle
$17,500,000 with investors to resolve claims that it misled them about high employee attrition, inflated Glassdoor ratings, and undisclosed operational and regulatory risks that impacted its business following the IPO.
Who’s eligible?
Anyone who purchased
$TASK shares between June 11, 2021, and January 19, 2022.
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
$0.45 — but if only ~25% of eligible investors file, the effective payout could increase to
$1.80.
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/taskus-investor-settlement?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=09042025_1
