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AppHarvest (APPH) agreed to settle $4.85 million with investors to end claims over hiding lacked sufficient training for its labor force.

Appharvest Inc

All persons who, during the period from February 1, 2021 and August 10, 2021, inclusive, purchased or otherwise acquired AppHarvest common stock and/or publicly traded AppHarvest warrant, and were injured thereby.

Do I have to sell securities to be eligible?

No, if you have purchased securities within the class period, you are eligible to participate.

You can participate in the settlement and retain (or sell) your securities.

The final payout amount depends on your specific trades and the number of investors participating in the settlement.

If 100% of investors file their claims - the average payout will be $0.14 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $0.56 per share.

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

11thestate is an investor recovery company, we help investors to track and collect securities class action settlements. We will:

Audit the claim and make sure you get the maximum possible payout

File a claim with the settlement administration

Correspond with the settlement administration to resolve emerging issues

Deliver payout directly to your brokerage account

There is no upfront cost, but we will deduct 20% of the recovered amount as a commission for our services.

Accepting Late Claims

Misleading Statements

Failure to Disclose

Omissions

Directors

Management

AppHarvest (APPH) $4.85 Million Investor Settlement

appharvest-investor-settlement

Stocks

Long

AppHarvest, Inc., an applied agricultural technology company, develops and operates indoor farms with robotics and artificial intelligence to build climate-resilient food system. Its products include tomatoes; and other fruits and vegetables, such as berries, peppers, cucumbers, and salad greens. AppHarvest, Inc. was incorporated in 2018 and is based in Morehead, Kentucky. On July 23, 2023, AppHarvest, Inc., filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

AppHarvest (APPH) $4.85 Million Investor Settlement

Frequently Asked Questions