{"id":11721,"date":"2020-08-03T20:50:00","date_gmt":"2020-08-03T20:50:00","guid":{"rendered":"https:\/\/wordpress2.hdnweb.com\/2020\/08\/03\/shareholder-alert-weisslaw-llp-investigates-jernigan-capital-inc\/"},"modified":"2020-08-03T20:50:00","modified_gmt":"2020-08-03T20:50:00","slug":"shareholder-alert-weisslaw-llp-investigates-jernigan-capital-inc","status":"publish","type":"post","link":"https:\/\/wordpress2.hdnweb.com\/en\/2020\/08\/03\/shareholder-alert-weisslaw-llp-investigates-jernigan-capital-inc\/","title":{"rendered":"SHAREHOLDER ALERT: WeissLaw LLP Investigates Jernigan Capital, Inc."},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Aug. 3, 2020<\/span> \/PRNewswire\/ &#8212;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n                        <a href=\"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg\" title=\"WeissLaw LLP (PRNewsfoto\/WeissLaw LLP)\" alt=\"WeissLaw LLP (PRNewsfoto\/WeissLaw LLP)\"\/><\/a>\n                <\/p>\n<\/p><\/div>\n<p><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2875312-1&amp;h=2240676724&amp;u=http%3A%2F%2Fweisslawllp.com%2F&amp;a=WeissLaw+LLP\" rel=\"nofollow\">WeissLaw LLP<\/a>\u00a0is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Jernigan Capital, Inc. (&#8220;JCAP&#8221; or the &#8220;Company&#8221;) (NYSE: JCAP) in connection with the proposed acquisition of the Company by NexPoint Advisors, L.P. \u00a0Under the terms of the acquisition agreement, holders of the Company&#8217;s common stock will receive <span class=\"xn-money\">$17.30<\/span> in cash\u00a0for each share that they own, while holders of the Company&#8217;s Series B Preferred stock will receive <span class=\"xn-money\">$25.00<\/span> per share in cash plus all accrued dividends. <\/p>\n<p class=\"prntac\"><b><u>If you own JCAP shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:<\/u><\/b><\/p>\n<p class=\"prntac\"><b><a target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=2875312-1&amp;h=1455405369&amp;u=http%3A%2F%2Fwww.weisslawllp.com%2Fjernigan-capital-inc%2F&amp;a=http%3A%2F%2Fwww.weisslawllp.com%2Fjernigan-capital-inc%2F\" rel=\"nofollow\">http:\/\/www.weisslawllp.com\/jernigan-capital-inc\/<\/a><\/b><\/p>\n<p class=\"prntac\"><b><u>Or please contact:<br \/><\/u><\/b><b><span class=\"xn-person\">Joshua Rubin, Esq.<\/span><br \/><\/b>WeissLaw LLP<br \/>1500 Broadway, 16<sup>th<\/sup> Floor<br \/><span class=\"xn-location\">New York<\/span>, NY\u00a0 10036<br \/><b>(212)\u00a0682-3025<br \/><\/b><b>(888) 593-4771<br \/><a target=\"_blank\" href=\"mailto:stockinfo@weisslawllp.com\" rel=\"nofollow\">stockinfo@weisslawllp.com<\/a> <\/b><\/p>\n<p>WeissLaw is investigating whether JCAP&#8217;s board acted to maximize shareholder value in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of the proposed acquisition of the Company, and whether all information regarding the valuation of the deal will be fully and fairly disclosed to JCAP shareholders. \u00a0These issues are of particular concern given that Series B Preferred shareholders will receive nearly <span class=\"xn-money\">$7.00<\/span> more per share than common shareholders upon consummation of the proposed transaction. \u00a0Additionally, at least one analyst set a price target of <span class=\"xn-money\">$20.00<\/span> per JCAP share, or approximately <span class=\"xn-money\">$3.00<\/span> above the per-share merger price.\u00a0 <\/p>\n<p>WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties.\u00a0 We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases.\u00a0 If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at <b><a target=\"_blank\" href=\"mailto:stockinfo@weisslawllp.com\" rel=\"nofollow\">stockinfo@weisslawllp.com<\/a> <\/b><\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder2\">\n<\/div>\n<p id=\"PURL\"><img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/c212.net\/c\/img\/favicon.png?sn=DC81637&amp;sd=2020-08-03\"\/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-weisslaw-llp-investigates-jernigan-capital-inc-301105170.html\">http:\/\/www.prnewswire.com\/news-releases\/shareholder-alert-weisslaw-llp-investigates-jernigan-capital-inc-301105170.html<\/a><\/p>\n<p>SOURCE  WeissLaw LLP<\/p>\n<\/div>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=DC81637&amp;Transmission_Id=202008032050PR_NEWS_USPR_____DC81637&amp;DateId=20200803\" style=\"border:0px; width:1px; height:1px;\"\/> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">NEW YORK<\/span>, <span class=\"xn-chron\">Aug. 3, 2020<\/span> \/PRNewswire\/ &#8212;<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n                        <a href=\"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.html\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"><br \/>\n                    <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/743985\/WeissLaw_Logo_Stacked_LowerCase_color_2_Logo.jpg\" title=\"WeissLaw LLP (PRNewsfoto\/WeissLaw LLP)\" alt=\"WeissLaw LLP (PRNewsfoto\/WeissLaw...\n<\/p>\n","protected":false},"author":1,"featured_media":11722,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-11721","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-geovanny-vicente"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SHAREHOLDER ALERT: WeissLaw LLP Investigates Jernigan Capital, Inc. - Multisitio 2<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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