May. 8 at 12:21 PM
$TS agreed to a
$9.5M settlement with investors over claims tied to undisclosed bribery allegations involving its CEO.
Who’s eligible?
Anyone who bought and held
$TS stock between May 1, 2014 and December 5, 2018.
Do I need to sell my shares to qualify?
No — you're eligible if you purchased during that period, whether or not you sold later.
How much is the payout?
Estimated at
$0.12 per share, depending on how many investors file. The total fund is
$9.5 million.
Can I still file?
Yes — late claims are currently being accepted, subject to court approval.
When do payouts happen?
Usually 8–12 months after final approval, which occurred on October 19, 2023.
To file your claim: https://11th.com/cases/tenaris-investors-settlement