MoneyLion Holdings ($ML) $12.75M Investor Settlement
MoneyLion Holdings has agreed to settle $12.75 million with investors to resolve claims that it misled the market about its financial condition, growth prospects, and internal controls following its SPAC merger.
Frequently Asked Questions
All record and beneficial holders of Fusion Acquisition Corp. (FAC) Class A Common Stock who held shares as of the close of the Redemption Deadline on September 17, 2021, and did not redeem their shares, including their heirs, successors, and assigns, and who purchased or sold FAC Class A or MoneyLion common stock between September 18, 2021 and March 28, 2024.
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.
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.