Feb. 23 at 1:42 PM
$TUPBQ has agreed to settle with investors over claims that it misled them about its ability to manage inflation and protect margins during its turnaround strategy.
Who’s eligible?
Anyone who purchased
$TUPBQ shares between May 5, 2021 and May 4, 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
$1.42 — but normally only about 25% of eligible investors file claims. If that trend holds, the effective payout could rise to approximately
$5.68 per share.
Can I still file?
Late claims are being considered for compensation, subject to approval.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement and processing of valid claims.
To file your claim: https://11th.com/cases/tupperwear-investor-settlement