Nov. 24 at 5:08 PM
$HAFC has agreed to settle with investors to resolve claims that it concealed over
$40 million in nonperforming loans.
Who’s eligible?
Anyone who purchased
$HAFC shares between August 9, 2018 and April 30, 2020.
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
$0.25 — but if only ~25% of eligible investors file, the effective payout could increase to
$1.00.
Can I still file?
Yes — late claims are currently being accepted, subject to approval.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/hanmi-investors-settlement
