Hey guys, I posted about this settlement before, but since they’re accepting claims, I decided to share it again with a little FAQ.
So here's all I know about this agreement:
**Q: What happened?**
A: Nikola was accused of misleading investors about the functionality of its hydrogen-electric trucks, production timelines, pre-orders, and business prospects. After Hindenburg Research published a report questioning these claims in September 2020, $NKLA fell nearly 76%.
**Q: Am I actually eligible?**
A: If you bought $NKLA shares between **2020** and **2021**, you may be eligible. You don’t need to still hold the stock to participate; past losses may count.
**Q: Do I need to sell/lose my shares to get this settlement?**
A: No. You don’t need to still own your $NKLA shares. If your transactions meet the settlement requirements, you may be eligible even if you already sold them.
**Q: Can I file a claim now?**
A: Yes, you can submit your application now. It will be processed once the claims process opens. Check if your eligible and file your claim [here](https://11th.com/cases/nikola-invetor-settlement)
**Q: When do payouts happen?**
A: Typically, within 4–9 months after the claim deadline. The exact timing depends on the court and settlement administration.
Hope this info helps
https://preview.redd.it/u8161pss3xph1.jpg?width=2260&format=pjpg&auto=webp&s=3580c1902f9143524cb87e159132da01d0a56a7c