Dapper Labs Is Paying a $4M Settlement to Investors — Here’s How to Get Your Share

Court: S.D. New York

Case: 1:21-cv-05837

Dapper Labs agreed to pay $4M to settle claims that it sold unregistered securities and restricted cash withdrawals, artificially inflating the value of NBA Top Shot Moments.

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 who purchased or otherwise acquired NBA Top Shot Moments during the period from June 15, 2020, to December 27, 2021.

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 much can you recover?

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 $0.12 per share. Although typically only 25% of investors file claims, in this case, the average recovery will be $0.48 per share.

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.

Why is it 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. Don’t miss your chance to get yours back. Find more details and file for your payout here.