May 30, 2025
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.
September 14, 2023
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.