
Everything you need to know about the $9M Origin Materials ($ORGN) Settlement Payout
Hey guys, I know I already posted about the Origin Materials ($ORGN) settlement, but I received a lot of questions, so I figured I'd put together a quick FAQ with everything you need to know.
What happened?
Origin Materials agreed to a $9M settlement over claims that it misled investors about the progress of its Origin 2 plant and the strength of customer demand. After the company paused construction in August 2023, $ORGN dropped about 66%.
Am I eligible?
If you purchased $ORGN shares in 2023, you may be eligible.
Can I file now?
Yes, late claims are currently being considered, so you may still be able to submit a claim
When do payouts happen?
Typically, within 4–9 months after the claims process is finalized. The exact timing depends on the court and settlement administrator.
Hope this clears up some of the questions.