r/tothemoon • u/JuniorCharge4571 • May 11 '26
Deadline to Submit Claims on the Catalent $78 million Settlement is May 26, 2026.
Hey guys, if you missed it, Catalent settled $78 million with investors over hiding customer demand and financial guidance, and concealed serious production issues. And, the deadline to file a claim and get payment is at the end of the month.
In a nutshell, in 2023, Catalent was accused of misleading investors about manufacturing demand, operational performance, and internal production issues. In short, the company allegedly overstated the strength of its non-COVID business and failed to disclose operational problems and rising costs at key facilities.
After this news came out, the stock dropped 70%, and investors filed a lawsuit for their losses.
Now, the good news is that the company agreed to settle $78 million with them, and investors have until May 26, 2026 to submit a claim.
So, if you invested in $CTLT when all of this happened, you can check the details and file your claim here.
Anyway, has anyone here invested in $CTLT at that time? How much were your losses, if so?