Feb. 18 at 3:22 PM
$LFCR has agreed to settle with investors over claims that weak internal controls led to inaccurate financial statements and overstated prospects.
Who’s eligible?
Anyone who purchased
$LFCR shares between October 7, 2020 and March 19, 2024.
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
$0.20 — but normally only about 25% of eligible investors file claims. If that trend holds, the effective payout could rise to approximately
$0.80 per share.
Can I still file?
Yes — the settlement terms have been submitted to the court for approval and claims are expected to be accepted.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/lifecore-investor-settlement
