Deadline to Claim Your Payout from the $300K Mynaric Settlement Is in 14 Days

Court: E.D. New York

Case: 1:24-cv-07602

Investors have only 14 days left to submit their claims and receive payout from the $300K Mynaric settlement.

What is this settlement?

Throughout 2024, Mynaric assured investors it would meet its revenue and production targets for the CONDOR Mk3 terminals. However, later, the company slashed its revenue forecast and widened its loss expectations, citing production delays and component shortages. Also, both the CEO and CFO resigned, causing $MYNA to fall by 55.9%.

Following this, Mynaric was sued by shareholders and has agreed to settle by paying $300K 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.