Latch, Inc. Stockholder Settlement
Individual payout amount depends on the Plan of Allocation based on the number of eligible shares held and the net settlement fund after deductions for administrative costs and attorneys' fees
Last verified July 13, 2026Source: claimdepotHow ClaimWatch verifies cases
This settlement is closed to new claims — the deadline was July 14, 2025. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →
What happened
Plaintiffs alleged that defendants engaged in conduct related to the acquisition and merger with Latch, Inc. (formerly TS Innovation Acquisitions, Inc.). The defendants have agreed to settle all claims for $29,750,000 in cash while admitting no wrongdoing.
Do you qualify?
You qualify if you were a public stockholder of Latch, Inc. (formerly TS Innovation Acquisitions, Inc.) holding eligible shares of common stock between May 11, 2021 and June 4, 2021, excluding defendants, their families, company officers, and certain affiliated persons.
Who is in the class
All record and beneficial holders of Eligible Shares (defined as shares of TSIA Common Stock owned by Settlement Class Members immediately after the Redemption Deadline (June 1, 2021 at 5:00 pm EST) that were not submitted for redemption in connection with the Merger), whether held as separate shares of Common Stock or as part of Public Units, who held such shares between the close of business on May 11, 2021 (the "Record Date") and June 4, 2021 (the "Closing") (the "Class Period"), and their successors in interest, but excluding (i) (a) Defendants; (b) members of the immediate family of any Individual Defendant; (c) any person who was a manager or managing member of any TS Defendant during the Class Period and any members of their immediate family; (d) any parent, subsidiary, or affiliate of a TS Defendant; (e) any entity in which any Defendant or any other excluded person or entity has, or had during the Class Period, a controlling interest; and (f) the legal representatives, agents, affiliates, heirs, estates, successors, or assigns of any such excluded persons or entities; and (ii) (a) the Company; and (b) any person who was an officer or director of the Company during the Class Period and any members of their immediate family.
Quoted from the settlement notice.
How to file
Submit a proof of claim form by July 14, 2025 to receive maximum recovery. You can file an online claim through the settlement website. The claim requires documentation of your shareholding during the class period.
Common questions
- How much does the Latch, Inc. Stockholder Settlement pay?
- Estimated payout: Individual payout amount depends on the Plan of Allocation based on the number of eligible shares held and the net settlement fund after deductions for administrative costs and attorneys' fees. The total settlement fund is $29.8M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
- What is the claim deadline for the Latch, Inc. Stockholder Settlement?
- This settlement is closed to new claims — the deadline was July 14, 2025. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Do I need proof of purchase for the Latch, Inc. Stockholder Settlement?
- Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.
- Is the Latch, Inc. Stockholder Settlement notice real, or a scam?
- Claims are filed at latchstockholdersettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
- When will payments from the Latch, Inc. Stockholder Settlement be sent?
- Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. Payments cannot be issued until the court grants final approval and any appeals are resolved.
Who's involved
Counsel for plaintiffs
Parties and counsel from the public court docket. Listing an attorney here isn't an endorsement, and ClaimWatch isn't affiliated with any of them.
New to class actions?
This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.
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