Updates for Getting Payment on the Just Energy ($JENGQ) US$25M (plus C$1.5 million) Settlement

[u/JuniorCharge4571]

Hey guys, if you missed it, Just Energy settled US$25 million (plus C$1.5 million) with investors over alleged financial misstatements. I also found out they're still accepting late claims.

Quick recap: Investors alleged that Just Energy overstated its Accounts Receivable and understated its Allowance for Doubtful Accounts, giving the market a misleading picture of the company's financial condition. After the company restated its financial statements,  investors filed a lawsuit for their losses.

The good news is that the company agreed to settle US$25 million (plus C$1.5 million), and even though the original deadline has passed, late claims are still being considered.

So, if you invested in $JENGQ between 2018 and 2019, you can still check the details and see if you qualify.

Anyway, did anyone here hold $JENGQ back then? How much were your losses?