Sep. 16 at 11:12 AM
$JCAP has agreed to settle with investors by paying
$12 million to resolve claims that it misled them about its going-private transaction with NexPoint Advisors.
Who’s eligible?
Anyone who purchased
$JCAP shares between September 11, 2020 and the class period end set in the settlement.
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
$0.78 — but if only ~25% of eligible investors file, the effective payout could increase to
$3.12.
Can I still file?
Yes — late claims are currently being accepted. The claim deadline is June 10, 2025.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/jernigan-investor-settlement?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=09162025_1