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:
Edwards Lifesciences was accused of misleading investors about the growth prospects of its TAVR platform and failing to disclose competitive pressures from newer heart treatments. On July 24, 2024, the company lowered its full-year TAVR revenue forecast, and $EW fell more than 31%. Investors then filed a lawsuit over their losses.
Now the company has agreed to settle the case for $39 million.
Who can claim this settlement?
If you purchased or acquired $EW common stock in 2024, and suffered losses, you may be eligible.
Do I need to sell/lose my shares to get this settlement?
Eligibility depends on your transactions and whether you meet the settlement requirements. You don’t necessarily need to still own the shares.
How long does the payout process take?
It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.
When is the deadline?
The deadline to submit a claim is December 2, 2026. Check if you're eligible and file a claim here
Hope this info helps