RAAC Stockholder Settlement
Last verified July 13, 2026Source: claimdepotHow ClaimWatch verifies cases
This settlement is closed to new claims — the deadline was February 21, 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
Shareholders of RAAC Class A Common Stock who did not redeem their shares by the July 16, 2021 deadline filed a class action lawsuit claiming damages. The defendants, including company management and board members, have agreed to settle the claims for $7,500,000. The settlement was approved by the Court on January 2, 2026.
Do you qualify?
All record and beneficial holders of RAAC Class A Common Stock who held such stock as of July 16, 2021 and elected not to redeem all or some of their stock, and their successors in interest who obtained shares by operation of law, excluding defendants, their family members, and certain affiliated entities.
Who is in the class
All record and beneficial holders of RAAC Class A Common Stock who held such stock as of the Redemption Deadline of July 16, 2021, and who elected not to redeem all or some of their stock, and their successors in interest who obtained shares by operation of law, but excluding any Excluded Persons.
Quoted from the settlement notice.
How to file
Submit a Proof of Claim and Release Form to maximize your recovery from the settlement. The claim deadline is February 21, 2026. You can file your claim through the settlement website's online claim form or by mail using the provided Claim Form.
Common questions
- How much does the RAAC Stockholder Settlement pay?
- The total settlement fund is $7.5M. 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 RAAC Stockholder Settlement?
- This settlement is closed to new claims — the deadline was February 21, 2026. Once a claim deadline passes you generally forfeit your share, even if you qualified.
- Do I need proof of purchase for the RAAC 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 RAAC Stockholder Settlement notice real, or a scam?
- Claims are filed at raacstockholdersettlement.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 RAAC 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 December 11, 2025; no payments can be issued before a settlement receives final approval.
Who's involved
Counsel for plaintiffs
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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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