Experience Investment Corp. Stockholder Settlement
Experience Investment Corp. Stockholder Settlement
Experience Investment Corp. has agreed to pay $17.75 million to resolve claims regarding fiduciary duty breaches during its merger. If you held EIC Class A common stock between September 17, 2019 and May 3, 2021 and did not redeem your shares, you may be eligible for a cash payment.
Claim Value:
Est. $6.69/share
Overview
Experience Investment Corp. (EIC) has agreed to pay $17.75 million to settle allegations that the company breached their fiduciary duties by failing to provide material information to stockholders regarding their redemption rights during the merger with Blade Urban Air Mobility, Inc. Eligible stockholders who held Class A common stock between September 17, 2019 and May 3, 2021 and did not redeem their shares may be entitled to a cash payment.
Eligibility
You may be eligible for benefits if you held EIC Class A common stock between September 17, 2019 and May 3, 2021 and did not redeem your shares.
You held (or had an interest in) Experience Investment Corp. Class A common stock between September 17, 2019, and May 3, 2021
You continued to hold shares as of 5:00 p.m. Eastern Time on May 3, 2021
You elected not to redeem all of those shares in connection with the merger
File Your Claim by May 18, 2026
Submit a claim to receive your portion of the $17.75 million settlement fund.
Estimated payout is approximately $6.69 per share.
The final payment amount depends on the total number of valid claims filed.
Frequently Asked Questions
Our mission is to help people get the compensation they deserve. We are providing this information and a direct link to the official site to ensure you don't miss out on money you may be owed. However, this will mean that claims submitted for this settlement will not be reviewed, monitored, or have additional support from ClaimsHero.
No. For this claim, we are directing you to the official claims administrator website. There are no fees from ClaimsHero. This is different from our full-service representation campaigns, where we work on a contingency basis, review and monitor the status of your claim, and only get paid if your claim is successful.
Our goal is to raise awareness and guide you to the official claims website. We do not review your claim, handle your documents, monitor the status of your claim, contact you if there are any needed revisions or updates, or represent you in this specific matter. Our goal is to ensure you are provided a path to make your claim.
You must file your claim directly on the official settlement website, which is managed by the court-appointed claims administrator. The only place to submit your claim is through the link provided above.
All questions about your claim must be directed to the claims administrator. Because we simply provide a path to the claims administrator’s website to submit, our support team does not have access to your submission details. You can find their contact information on the official website through the link provided above.
If you have more questions, please visit the official website of this settlement and contact the claims administrator.
