Imagine buying $LUXH at its peak, only to watch it crash like this and then finding out there’s a way to get some money back.
To all $LUXH investors out there, we’ve got some important news for you:
A $3 million recovery fund is officially open to shareholders who bought between 2023 - 2024.
The deadline is in two months, you can check if you’re eligible and claim your share here: https://11th.com/cases/luxurban-investor-suit
The court has approved the $3 Million LuxUrban Hotels ($LUXH) settlement, with a filing deadline of August 10, 2026
If you purchased LuxUrban Hotels securities between May 9, 2023 and August 20, 2024, you may be eligible to participate in the recovery fund.
This settlement resolves claims that LuxUrban allegedly misled investors regarding its business performance, occupancy-related metrics, and overall financial condition. Following these disclosures, the stock experienced a significant decline, leading shareholders to file suit.
Eligible investors may be able to recover a portion of their losses through the settlement fund. File your claim here: https://11th.com/cases/luxurban-investor-suit
Did you hold $LUXH during this period?
If you missed the deadline, don’t miss this update. You may still be able to recover losses from $LUXH, late claims are currently being accepted: https://11th.com/cases/luxurban-investor-suit
If you missed the deadline, don’t miss this update. You may still be able to recover losses from $LUXH, late claims are currently being accepted: https://11th.com/cases/luxurban-investor-suit
This recovery fund was established after claims that LuxUrban Hotels misled the market about the size of its leased-hotel portfolio, including the Royalton Hotel, and related financial disclosures. Even though the official deadline has passed, the court is still accepting late submissions.
Who can apply? If you bought or held $LUXH between May 9, 2023 and August 20, 2024, you’re likely eligible even if you already sold your shares.
