
Consumers who purchased or otherwise acquired View Inc. or CF Finance Acquisition Corp. II securities between Nov. 30, 2020, and May 10, 2022, held CF II Class A common stock as of Jan. 27, 2021, or bought View securities pursuant to or traceable to the de-SPAC registration statement may qualify to claim a share of an $11 million class action settlement.
View Inc. agreed to pay $11,000,000 to resolve a class action lawsuit alleging the company and related defendants violated federal securities laws by making false or misleading statements in financial disclosures, proxy materials and registration statements.
Who is eligible to file a claim?
Class members are individuals and entities (such as corporations, trusts or partnerships) who must meet one of the following criteria:
- They purchased or otherwise acquired View Inc. and/or CF II securities between Nov. 30, 2020, and May 10, 2022.
- They held CF II Class A common stock as of Jan. 27, 2021 (the record date) and were entitled to vote to approve the business combination between View and CF II as described in the Feb. 16, 2021, proxy statement.
- They purchased or otherwise acquired View securities pursuant to or traceable to the de-SPAC registration statement.
Who is excluded from the class?
- Anyone who solely held shares of the privately held common stock and preferred stock of Legacy View outstanding prior to closing of the business combination
How much can class members receive?
Pro rata payment: The total settlement fund is $11,000,000, which the settlement administrator will distribute to eligible class members after deducting attorneys’ fees, litigation expenses, notice and administration costs, and service awards to the lead plaintiffs. The amount each class member receives depends on several factors, including the number of valid claims submitted and the amount and timing of their purchases or holdings.
The estimated average recovery is approximately $0.19 per share of stock and $0.03 per warrant before deductions for fees and expenses.
The settlement uses a detailed plan of allocation to determine each claimant’s recognized loss. The plan takes into account:
- When and at what price the class member purchased and/or sold their View or CF II securities
- Whether they held your shares through one or more corrective disclosures (dates when new information was released to the market)
- The type of security (common stock, warrants or units)
- Whether their claim is under Section 10(b) or Section 14(a) of the Securities Exchange Act
- Section 14(a) claims: For those who held CF II Class A common stock on Jan. 27, 2021, and held through at least one corrective disclosure, recognized loss is calculated based on the purchase price, sale price and the artificial inflation per share at relevant times.
- Section 10(b) claims: For those who purchased View or CF II securities during the class period and held through at least one corrective disclosure, recognized loss is calculated similarly with adjustments for the type of security and timing of transactions.
How to claim a settlement payment
Class members can file a claim online or download, print and complete the PDF claim form and mail it to the settlement administrator. The claim deadline is Dec. 5, 2025.
Settlement administrator's mailing address: Mehedi v. View, Inc. et. al. c/o RG/2 Claims Administration ,P.O. Box 59479 Philadelphia, PA 19102-9479
What proof or documentation is required to submit a claim?
All class members must provide documentation supporting their transactions in View and/or CF II securities. Acceptable documentation includes:
- Brokerage confirmation slips
- Monthly brokerage account statements
- Authorized statements from a broker containing the necessary transactional and holding information
Failure to provide sufficient documentation may result in claim rejection.
Payout options
- Paper check
$11 million settlement fund breakdown
The $11,000,000 settlement fund includes:
- Settlement administration costs: Up to $300,000 prior to the effective date; final amount subject to court approval
- Attorneys' fees: Up to $3,666,667
- Attorneys' expenses: Up to $375,000
- Service awards to class representatives: Up to $10,000 for lead plaintiff and up to $2,500 for the named plaintiff
- Payments to eligible class members: The remainder of the fund
Important dates
- Deadline to request exclusion: Oct. 16, 2025
- Fairness hearing: Nov. 6, 2025
- Deadline to file a claim: Dec. 5, 2025
When is the View Inc. securities settlement payout date?
The settlement administrator will distribute payments to eligible class members after the court grants final approval and resolves any appeals.
Why is there a class action settlement?
The class action lawsuit alleged View Inc. and related defendants violated federal securities laws by making false or misleading statements in financial statements and proxy materials related to the business combination and subsequent disclosures.
The parties agreed to settle to avoid the uncertainty, burden and expense of further litigation.
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