HyreCar (HYRE) $1.9 Million Shareholder Settlement
HyreCar (HYRE) settles $1.9 million with investors to end litigation over hiding failure to pay valid insurance claims.
Frequently Asked Questions
All persons and entities that purchased or otherwise acquired the publicly traded common stock of HyreCar from May 13, 2021 through August 10, 2021, both dates inclusive, and were damaged thereby.
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 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 $0.2 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $0.8 per share.
The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.
11thestate is an investor recovery company, we help investors to track and collect securities class action settlements. We will:
Prepare documents for your payout
Audit the claim and make sure you get the maximum possible payout
File a claim with the settlement administration
Correspond with the settlement administration to resolve emerging issues
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.