May. 6 at 2:15 PM
[FAQ] Everything you need to know about the
$9.5 million
$GSX Settlement
Q: What happened?
A: GSX Techedu has agreed to a settlement with investors to resolve claims that it overstated enrollment numbers and revenue, misleading the market about the strength of its online education business. You can review the details and submit a claim: https://11th.com/cases/gsx-investor-settlement
Q: Am I actually eligible?
A: If you bought
$GSX shares between June 6, 2019 and October 20, 2020, you’re likely eligible. You don’t need to still hold the stock to claim; past losses count
Q: How much will I actually get?
A: The current estimated payout is
$0.2 per share. The final amount depends on how many people file; if fewer people claim, the payout per share can actually increase for those who did
Q: When do payouts happen?
A: Typically, within 4–9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
Q: Is my data safe with 11th Estate?
A: Security is our top priority. We use bank-level encryption and are SOC2-compliant. We only process the trade data required for the court audit, and your personal financial credentials stay private.
Q: What is the fee?
A: We work on a 20% success fee. We handle the math, the paperwork, and the filing. If you don't get a payout, you don't pay us a cent.
Q: How do I start?
A: Just click the link below to submit your claim through our secure portal.