A former investor in “The Chosen,” a popular streaming series about the life of Jesus, has filed a class-action lawsuit saying he and more than 16,000 other shareholders were cashed out of the company without fair compensation.

Christopher Garabedian, a former biopharma executive who invested $300,000 in a predecessor of the show’s production company 5&2 Studios in 2019, says the company forced out minority stockholders who had crowdfunded the series through a reverse stock split.

The lawsuit, filed in the Delaware Court of Chancery, states that 5&2 understated future earnings while taking the company private.

It says financial projections during an earlier sale attempt implied a value of about $150 million, while the company was later valued at about $52.9 million when it bought out minority shareholders.

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