Opportunity: GRAB HOLDINGS LTD.

Total Compensation Fund
$80 million
Period of Eligibility
2021 - 2022
Ticker
GRAB
Deadline
TBD
Grab Holdings is a Southeast Asian technology company offering ride-hailing, food delivery, and financial services through its mobile platform. It is a dominant player in the region’s ride-sharing and digital services market.
The case centers on alleged misrepresentations in Grab Holdings’ Proxy Statement, particularly surrounding sales and revenue figures used during its merger with SPAC Altimeter Growth Corp. Due to the widespread reliance on these disclosures, investors suffered financial losses when the inaccuracies were revealed.
A settlement in this case could yield substantial recovery, with estimates suggesting a significant portion of eligible losses may be recovered.