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StoneCo Ltd. Securities Fraud Class Action

CompanyStoneCo Ltd.
CourtUnited States District Court for the Southern District of New York
Case Number21-cv-09620
JudgeHonorable Gregory H. Woods
Class PeriodMay 27, 2020 through November 16, 2021
Security TypeCommon Stock
StatusOpen for Claims
Value$26,750,000

The settlement of this federal securities fraud class action lawsuit is on behalf of investors who purchased or otherwise acquired StoneCo Ltd. (“StoneCo”) (NASDAQ: STNE) common stock between May 27, 2020 and November 16, 2021, inclusive (the “Class Period”).

StoneCo agreed to pay $26,750,000 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 10, 2025, the Court granted Preliminary Approval of the Class Action Settlement. There is a Final Settlement Hearing scheduled for February 27, 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 StoneCo common stock between May 27, 2020 and November 16, 2021, inclusive.


How much is the Settlement Payment?
Pro rata payment: The total settlement fund is $26,750,000. 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 February 17, 2026. To submit a claim and/or to find additional information regarding the terms of the settlement and claim filing process, go to www.StoneCoSecuritiesSettlement.com, or contact the claims administrator, Verita Global, LLC, at 1-888-777-6948.

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.
 

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