Jun. 30 at 10:34 AM
$RCAR agreed to a
$2M settlement with investors over claims it exaggerated progress on its “SkinGun” tech and used paid promotions to boost its stock.
Who’s eligible?
Anyone who bought and held
$RCAR $OTCM stock between August 14, 2017 and May 28, 2021.
Do I need to sell to qualify?
No — you're eligible if you bought during that period, even if you still hold the shares.
How much is the payout?
Estimated at
$0.31 per share — but if only 25% of eligible investors file, it could go up to
$1.24 per share.
Can I still file?
Yes — late claims are currently being accepted.
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