Investors Can Still File Late Claims for Apache Corporation $65M Settlement Payouts
Court: S.D. Texas
Case: 4:21-cv-00575
Investors can still file a late claim to receive payouts from the $65M Apache Corporation settlement.
What is this settlement?
In 2016, Apache promoted Alpine High as a promising oil discovery in Texas, but by 2020, the company revealed a $3 billion write-down for the site, erasing two years of profits and cutting dividends by 90%. Causing APA to drop by 93%.
Following this, Apache Corporation was sued by shareholders and has agreed to settle by paying $65M to investors.
What can you do to recover your losses now?
You can submit your claim and be notified of any further updates.
More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed.