$LFCR Settlement Update: Late Claims Are Being Considered in $3.75M Lifecore Biomedical Settlement
For anyone who owned $LFCR, there’s an update on the investor settlement. Lifecore Biomedical has agreed to a $3.75 million investors settlement to resolve claims from shareholders, and late claims are now being considered, subject to approval.
The case focused on claims that Lifecore misled investors about its internal controls, inventory management, and financial reporting. After the company delayed an SEC filing, received default notices from lenders, and later disclosed material weaknesses in its internal controls, the stock declined and investors filed a lawsuit.
If you bought $LFCR shares between 2020 and 2024, you may be eligible to participate. Check your eligibility and submit a claim [here](https://11th.com/cases/lifecore-investor-settlement).
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