Erickson v. Jernigan Capital, Inc. et al
Case Number:
1:20-cv-09575
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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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.
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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.