Jul. 24 at 12:18 PM
$TASK reached a settlement 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 bought and held
$TASK stock between June 11, 2021, and January 19, 2022.
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
$0.45 — but if only ~25% of eligible investors file, the effective payout could increase to
$1.80 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/taskus-investor-settlement
