Ampio (AMPE) $3M Shareholder Settlement
Ampio (AMPE) agreed to settle $3M with investors to end claims over misrepresenting the efficacy of Ampion in treating individuals with inflammatory conditions.
Case Details:
In 2022, Ampio (AMPE) issued a letter to Shareholders covering the initial results of the investigation initiated on May 16, 2022.
Special Committee's primary findings include that certain former Ampio executive officers and senior staff were aware, at the time of the per-protocol interim analysis in March 2020, that the AP-013 trial did not demonstrate efficacy for Ampion on its co-primary endpoints of pain and function;
These former Ampio executive officers and senior staff did not fully report the results of the AP-013 trial and the timing of unblinding of data from the AP-013 trial.
Frequently Asked Questions
All persons who purchased or otherwise acquired the publicly traded securities of Ampio, during the period from December 29, 2020, through October 31, 2022, inclusive.
No, if you have purchased securities within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your securities.
The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
The final payout amount depends on your specific trades and the number of investors participating in the settlement.
If 100% of investors file their claims - the average payout will be $0.02 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $0.08 per share.
If you're eligible, you can file your claim directly from this case page by clicking the "Collect Payout" button.
More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed — or file manually for this case.
11th.com is an investor recovery company that helps investors track and collect securities class action settlements. We will:
1. Prepare documents for your payout.
2. Audit the claim and make sure you get the maximum possible payout.
3. File a claim with the settlement administration.
4. Correspond with the settlement administration to resolve emerging issues.
5. Deliver payout directly to your brokerage account.
There is no upfront cost, but we will deduct 20% of the recovered amount as a commission for our services.