The settlement of this federal securities fraud class action lawsuit is on behalf of investors who purchased or otherwise acquired Applied Therapeutics, Inc (“Applied”) (NASDAQ: APLT) common stock between January 3, 2024 and December 2, 2024, inclusive (the “Class Period”).
Applied agreed to pay $15,000,000 cash and warrants to purchase up to 1,000,000 shares of Applied common stock to resolve this class action lawsuit alleging the company and certain of its officers and/or directors violated federal securities laws by making false or misleading statements.
What’s the status of the Settlement?
On November 20, 2025, the Court granted Preliminary Approval of the Class Action Settlement. There is a Final Settlement Hearing scheduled for March 19, 2026. The settlement website is active and open for claims.
Who can file a claim?
The settlement class includes all persons or entities who:
- Purchased or otherwise acquired Applied common stock between January 3, 2024 and December 2, 2024, inclusive.
How much is the Settlement Payment?
Pro rata payment: The total settlement fund is $15,000,000 cash and warrants to purchase up to 1,000,000 shares of Applied common stock. The amount each class member receives will depend on several factors, including:
- The number of valid claims submitted
- The number of shares purchased and sold
- The dates of purchase and sale
- The price paid for the shares and the price received upon sale
How do I file a claim?
The deadline to file a claim is April 8, 2026. To submit a claim and/or to find additional information regarding the terms of the settlement and claim filing process, go to www.APLTSecuritiesSettlement.com, or contact the claims administrator, Angeion Group, LLC, at 1-833-703-4229.
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com.