How much does the EIC Stockholder Settlement pay?

The total settlement fund is $17.8M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.

What is the claim deadline for the EIC Stockholder Settlement?

This settlement is closed to new claims — the deadline was May 18, 2026. Once a claim deadline passes you generally forfeit your share, even if you qualified.

Do I need proof of purchase for the EIC Stockholder Settlement?

Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.

Is the EIC Stockholder Settlement notice real, or a scam?

Claims are filed at eicstockholdersettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.

When will payments from the EIC Stockholder Settlement be sent?

Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for April 17, 2026; no payments can be issued before a settlement receives final approval.

Claims closedsecurities

EIC Stockholder Settlement

This settlement is closed to new claims — the deadline was May 18, 2026. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →

What happened

Plaintiffs sued defendants in connection with EIC Class A Common Stock. The defendants, including the Sponsor and EIC board members, have agreed to settle all claims for $17,775,000 in cash. The settlement resolves the class action without the defendants admitting any wrongdoing.

Do you qualify?

All record and beneficial holders of EIC Class A Common Stock who purchased, acquired, or held such securities between September 17, 2019 and May 3, 2021, and continued to hold the stock as of 5:00 PM ET on May 3, 2021, and who elected not to redeem all or some of their shares, excluding defendants, their family members, and related entities.

How to file

Eligible Class Members must submit a Proof of Claim Form by May 18, 2026 (postmarked or submitted online). The Claim Form is available on the website. If approved by the Court and after appeals are resolved, eligible claimants will receive a distribution from the settlement proceeds.

Common questions

How much does the EIC Stockholder Settlement pay?: The total settlement fund is $17.8M. Actual amounts depend on how many valid claims are filed — most settlements divide a fixed fund pro rata, so a higher claim rate means a smaller individual check. An "up to" figure is a cap, not a guarantee.
What is the claim deadline for the EIC Stockholder Settlement?: This settlement is closed to new claims — the deadline was May 18, 2026. Once a claim deadline passes you generally forfeit your share, even if you qualified.
Do I need proof of purchase for the EIC Stockholder Settlement?: Yes. This settlement asks for documentation supporting your claim — a receipt, an account record, or the notice you were sent. Check the official settlement website for exactly which documents are accepted.
Is the EIC Stockholder Settlement notice real, or a scam?: Claims are filed at eicstockholdersettlement.com. Filing a class action claim is always free — no legitimate settlement charges you to claim, and no administrator will ask for payment, a gift card, or your full Social Security number by email or text. If a notice asks for any of those, it is not from the administrator. When in doubt, ignore the link you were sent and go to the official settlement website directly.
When will payments from the EIC Stockholder Settlement be sent?: Class action payouts typically take 12 to 24 months after the claim deadline, and longer if the settlement is appealed. The final approval hearing for this case is set for April 17, 2026; no payments can be issued before a settlement receives final approval.

New to class actions?

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

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