Sep. 5 at 4:15 PM
$RCAR $OTCM has agreed to settle with investors to resolve claims that it misled them by exaggerating the progress of its “SkinGun” technology and using paid promotions to inflate its stock price.
Who’s eligible?
Anyone who purchased
$RCAR shares between August 14, 2017 and May 28, 2021.
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
$0.31 — but if only ~25% of eligible investors file, the effective payout could increase to
$1.24.
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/renovacare-investor-settlement?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=09052025_1