My 7th investment into commercial litigation crowdfunding has resolved.

Funding

In July 2017, LexShares opened a new investment opportunity. Projected net return was 80% in the first 6 months, 20% next 6 months, then 40% every 6 months thereafter. I committed to the case and I wired $75,000 on 7/12/17. LexShares disbursed funds to the plaintiff on 7/21/17.

Distribution

The case was settled out of court in August 2017. LexShares mailed the payment on 9/19/17. I received a check on 9/23/17.


Net profit was $59,295 over 73 days, for the internal rate of return of 1740.72%.

Date Amount Memo
07/12/2017 ($75,000.00) Capital Commitment
09/23/2017 $134,294.64 Settlement Distribution

Since I have held for less than a year, it will be taxed as a short-term capital gain.