Deadline to Submit Claims on the Ithaca Energy CAD $9,000,000 Settlement is Today

Hey guys, if you missed it, Ithaca Energy settled CAD $9,000,000 with investors over issues related to delays and modifications to its FPF-1 Floating Production Facility. And, the deadline to file a claim and get payment is today.

In a nutshell, in 2015, Ithaca Energy was accused of misleading investors about delays, changes, and operational issues tied to its FPF-1 Floating Production Facility. The company allegedly failed to properly disclose how these problems would impact production timelines and overall performance.

After this news came out, the stock dropped X%, and investors filed a lawsuit for their losses.

Now, the good news is that the company agreed to settle CAD $9,000,000 with them, and investors have until today to submit a claim.

So, if you invested in $IAE when all of this happened, you can check the details and file your claim here.

Anyway, has anyone here invested in $IAE at that time? How much were your losses, if so?