May. 27 at 2:09 PM
Update on the
$5.87 million VNET Group (
$VNET) deadline is August 20, 2026
If you bought shares between March 23, 2022 and February 17, 2023, you are likely eligible for the
$5.87 million recovery fund.
This settlement resolves claims that VNET Group misled investors regarding it hid the founder’s margin-loan default, the risk his pledged shares could be seized, and the resulting threat to the company’s control structure and financing. The stock dropped 32% following the disclosure, and now the company is paying back to impacted shareholders (
$0.075 per share).
File your claim here: https://11th.com/cases/vnet-investor-suit