Are there any indications of a settlement timeline or expected payout amounts? | SOC (Aug 11, 2025) | Candlesense

Are there any indications of a settlement timeline or expected payout amounts?

Settlement timeline & payout expectations:

The press release from Robbins Geller Rudman & Dowd does not disclose any settlement date, court‑approved timetable, or estimate of how much any eventual award might be. It merely invites investors who bought SOC shares during the May 19‑June 3, 2025 “class period” (or whose purchases can be linked to that period) to join a lead‑investor class action. In other words, the filing is still in the early “notice‑of‑claims” stage; no settlement has been negotiated or approved, and no monetary figure has been disclosed.

Trading implications:

- Short‑term volatility: The announcement alone is enough to spark a modest sell‑off as investors anticipate a protracted legal process. Expect the stock to trade below recent highs (≈ $0.70‑$0.80) with heightened volume on the next few trading days.

- Technical outlook: SOC is currently trading in a narrow, descending channel (50‑day EMA ≈ $0.78, 200‑day EMA ≈ $0.82). A break below the 50‑day EMA with increasing volume could signal a short‑term bearish bias, while a rebound above the recent high of $0.82 on a bounce in volume might indicate a “buy‑the‑dip” opportunity for risk‑averse traders.

- Actionable approach: Until a settlement date or payout range is disclosed, treat the event as a catalyst‑risk scenario. Consider a modest short position or a protective put if you are currently long, and monitor any court filings or press releases for a concrete timeline. Once a settlement date or a “pre‑settlement conference” is announced, reassess the risk/reward profile; a confirmed payout window often triggers a short‑term price rally (as investors anticipate a payout) followed by a consolidation phase.