Hey guys, if you missed it, investors can still file a late claim to receive payment from the APA Corp $65M settlement for a few more weeks.
What is this settlement?
In 2016, Apache promoted Alpine High as a promising oil discovery in Texas, but by 2020, the company revealed a $3B 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 investors can do?
If you invested back then and got damaged by it, you can still file a late claim and recover some of your losses.
Hope it helps!
Source: Financial-Stick-8500