Erickson v. Jernigan Capital, Inc. et al

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Case overview

Case Number:

1:20-cv-09575

Court:

New York Southern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

Judge:

Jennifer L. Rochon

Firms

Companies

Sectors & Industries:

  1. May 30, 2025

    REIT Investors' $12M Deal Over NexPoint Merger Get Final OK

    A New York federal judge granted final approval to a $12 million securities class action settlement reached with Jernigan Capital investors who alleged the defendants omitted material information amid a 2020 sale to NexPoint Advisors, and awarded $3.9 million in fees Thursday to lead counsel for prosecuting the case.

  2. September 14, 2023

    REIT Investors Get Class Cert. In Feud Over $900M Merger

    A New York federal judge certified a class of investors in real estate investment trust Jernigan Capital on Thursday after fully agreeing with recommendations from a magistrate judge that the class satisfied the requirements of the court's procedure.