Sea Limited ($SE) Is Paying a $40M Settlement to Investors — Here’s How to Get Your Share

Court: Supreme

Case: 151344/2022

Sea Limited SE agreed to pay $40 million to settle claims that it failed to disclose regulatory risks in India before raising $6 billion, including the eventual ban of its hit game Free Fire.

This settlement presents a great opportunity for investors to recover some of their losses. Here’s what you need to know to claim your payout.

Who is eligible?

All persons or entities who purchased or otherwise acquired Sea American Depositary Shares (ADSs) or Sea's 0.25% convertible senior notes due 2026 pursuant and/or traceable to the Offering Materials issued in connection with the company's September 14, 2021 offering, and were damaged thereby.

Do you 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.

How long will it take to receive your payout?

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

How to claim your payout — and why it's important to act now?

The settlement will be distributed based on the number of claims filed, so submitting your claim early may increase your share of the payout.

In some cases, investors have received up to 200% of their losses from settlements in previous years.

More than 100 companies are currently paying out settlements. Connect your portfolio to automatically check which ones you might have missed — or file manually for this case.