You may be eligible to file a claim if you:
Filing your claim is quick and easy:
💡 Easier way: File with Class Action Buddy
Skip the paperwork. Our app auto-fills your claim form with your saved profile and submits it electronically in under 2 minutes.
Download for iPhone Download for AndroidYes — this settlement requires proof of purchase. Acceptable proof typically includes receipts, credit card statements, photos of the product, or order confirmation emails. Check the official claim form for specifics.
You have two options: (1) Use the free Class Action Buddy mobile app — set up your profile once and the app auto-fills the PDF claim form, captures your signature, and submits the claim by mail on your behalf. (2) File directly with the settlement administrator using the official claim form linked on this page.
This $8.5 million settlement resolves claims that Virgin Galactic and Social Capital Hedosophia made misleading statements that caused investors to lose money on their stock. Shareholders who bought SPCE or IPOA stock between July 10, 2019, and August 4, 2022, and suffered losses may be eligible for compensation.
You likely qualify if you purchased Virgin Galactic (SPCE) or Social Capital Hedosophia (IPOA) stock at any point between July 10, 2019, and August 4, 2022, and lost money on those shares. Check your brokerage account history to confirm your trade dates and whether you experienced a loss.
Individual payouts aren't publicly specified yet. Your share of the $8.5 million fund will depend on how many shares you bought, the prices you paid and sold at, and how many total claims are filed. Generally, investors with larger losses receive a proportionally larger payment.
The deadline to submit your claim is August 13, 2026. Missing this deadline typically means you forfeit your right to receive any money from the settlement, so it's worth filing as early as possible.
Most securities settlement claims require documentation of your trades, such as brokerage statements or trade confirmations showing you bought SPCE or IPOA stock during the class period. It's a good idea to gather those records before filing. Class Action Buddy can help guide you through what's needed.
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