Jan. 9 at 11:59 AM
$BRBS has agreed to settle with investors over claims that it misled them about loan classifications and the accuracy of its financial reports.
Who’s eligible?
Anyone who purchased
$BRBS shares between February 3, 2023 and October 31, 2023.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
The payout per share is
$0.38 — but if only ~25% of eligible investors file, the effective payout could increase to
$1.52.
Can I still file?
Yes — claims are currently being accepted.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/blue-ridge-investor-suit