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r/investingchinar/investingchina· u/EducationalMango1320· 14d ago🇺🇸US-listed Chinese stocks 0

The final deadline for the $9.5M GSX Techedu ($GSX) bot scandal is TODAY.

Investor summaryNeutral

Reminder to file a claim for the $9.5M GSX Techedu class action settlement before today's deadline.

Bear points
  • Over 73% of users were exposed as fake AI bots.
  • Stock suffered a brutal 30% single-day nosedive due to short reports.
Post body

I got completely wiped out trading GSX Techedu ($GSX) when short reports exposed that over 73% of their users were fake AI bots. I watched the stock take a brutal 30% single-day nosedive, panic-sold my shares for a massive loss, and just buried the painful memory.

I completely forgot about it until I realized a class action secured a $9,500,000 settlement, but the deadline to file a claim is May 30, 2026, which is literally today.

If you bought shares between June 6, 2019 and October 20, 2020, you own a piece of this cash, but you lose it forever if you don't submit your data before midnight tonight.

There is zero time to manually hunt down old trade confirmations, so I used an audit tool to beat the clock. I linked my old broker accounts via secure API, and the platform automatically audited my history and filed the claim in two minutes. They take a 20% cut, but honestly, I'd rather have 80% of a check I didn't know existed than 100% of the paperwork I'll never actually do. Stop scrolling and check your old accounts before the portal shuts down tonight.

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