Investors Can Still File Late Claims in ReconAfrica Settlement — Here’s How to Get Your Share – TradingView
Court: E.D. New York
Case: 1:21-cv-06176
Investors can still file a late claim to receive payment from the CAD $9.42M ReconAfrica settlement.
What is this settlement?
In 2021, ReconAfrica was accused of misleading investors by hiding the use of unconventional energy extraction methods in Namibia and Botswana, conducting unlicensed drilling, and downplaying the environmental impact on the fragile Kavango area.
Following this, ReconAfrica was sued by $OTC-RECAF shareholders and has agreed to settle by paying CAD $9.42M to investors.
What can you do to recover your losses now?
You can submit your claim and be notified of any further updates.
More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed.
Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
Case: 1:21-cv-06176
Investors can still file a late claim to receive payment from the CAD $9.42M ReconAfrica settlement.
What is this settlement?
In 2021, ReconAfrica was accused of misleading investors by hiding the use of unconventional energy extraction methods in Namibia and Botswana, conducting unlicensed drilling, and downplaying the environmental impact on the fragile Kavango area.
Following this, ReconAfrica was sued by $OTC-RECAF shareholders and has agreed to settle by paying CAD $9.42M to investors.
What can you do to recover your losses now?
You can submit your claim and be notified of any further updates.
More than 100 companies are currently paying out settlements. Connect your brokerage account to automatically check which ones you may have missed.
Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.
source
This article was autogenerated from a news feed from CDO TIMES selected high quality news and research sources. There was no editorial review conducted beyond that by CDO TIMES staff. Need help with any of the topics in our articles? Schedule your free CDO TIMES Tech Navigator call today to stay ahead of the curve and gain insider advantages to propel your business!
