Dec. 25 at 4:11 PM
$LNAI $ENOB has agreed to settle with investors over claims that it misled them by concealing its co-founder’s lack of proper credentials and criminal history.
Who’s eligible?
Anyone who purchased
$ENOB shares between January 17, 2018 and June 27, 2022.
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
$0.09 — but if only ~25% of eligible investors file, the effective payout could increase to
$0.36.
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/enochian-biosciences-investor-settlement