Aug. 7 at 4:29 AM
$RCAR $OTCM has agreed to a settlement 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 or otherwise acquired RenovaCare (
$RCAR) stock between August 14, 2017, and May 28, 2021, and were damaged thereby.
Do I need to sell my shares to qualify?
No — you're eligible if you purchased during that period, regardless of whether you sold or still hold your shares.
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 per share.
Can I still file?
Yes — late claims are being considered, pending court approval.
When do payouts happen?
Usually 8–12 months after the court grants final approval.
To file your claim: https://11th.com/cases/renovacare-investor-settlement?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=08072025_1