--- title: "Society Pass ordered to return shares, judgment of ~$7.44M plus escrowed subsidiary stock" type: "News" locale: "en" url: "https://longbridge.com/en/news/282895147.md" description: "Society Pass has been ordered by a court to return shares and pay approximately $7.44 million due to fraud. The court found that the plaintiff was fraudulently induced into agreements, leading to the rescission of subscription and software deals. The judgment, entered on April 9, 2026, includes $6,615,934 plus interest and an additional $824,109 plus interest. The company is evaluating its next steps, including potential appeals, while enforcement efforts by the plaintiff are ongoing." datetime: "2026-04-15T20:23:04.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282895147.md) - [en](https://longbridge.com/en/news/282895147.md) - [zh-HK](https://longbridge.com/zh-HK/news/282895147.md) --- # Society Pass ordered to return shares, judgment of ~$7.44M plus escrowed subsidiary stock **Society Pass announced a court judgment finding fraud, ordering return of shares, and awarding roughly $7.44M plus interest.** **Key Highlights:** - Court found plaintiff fraudulently induced agreements and rescinded subscription/software deals, ordering return of issued shares. - Judgment entered April 9, 2026 awards ~ $6,615,934 plus interest from prior ruling and an additional $824,109 plus interest. - Court previously required 3,000,000 Thoughtful Media common shares and later escrowed 250,000 NusaTrip common shares to secure enforcement. - Company says it will evaluate next steps and pursue available review and appeal processes amid plaintiff enforcement efforts. Original SEC Filing: SOCIETY PASS INCORPORATED. \[ SOPA \] - 8-K - Apr. 15, 2026 **Disclaimer** This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC. ### Related Stocks - [SOPA.US](https://longbridge.com/en/quote/SOPA.US.md) - [NUTR.US](https://longbridge.com/en/quote/NUTR.US.md) ## Related News & Research - [Society Pass Delays Annual 10-K Yearly Filing](https://longbridge.com/en/news/281287662.md) - [AI tools are 60% more likely to prefer their own resumes](https://longbridge.com/en/news/286654482.md) - [Bank of America Thinks ServiceNow (NOW) Stock Is an AI Winner – Here’s Why](https://longbridge.com/en/news/286943173.md) - [05:00 ETWindows Apps That Don't Run on macOS (2026): Parallels Recognized as Top Solution for Running PC-Exclusive Software on Mac by Expert Consumers](https://longbridge.com/en/news/287035279.md) - [Why Agilysys Stock Rallied Today](https://longbridge.com/en/news/286975134.md)