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Subregular $J$-rings of Coxeter systems via quiver path algebras

We study the subregular $J$-ring $J_C$ of a Coxeter system $(W,S)$, a subring of Lusztig's $J$-ring. We prove that $J_C$ is isomorphic to a quotient of the path algebra of the double quiver of $(W,S)$ by a suitable ideal that we associate to a family of Chebyshev polynomials. As applications, we use quiver representations to study the category mod-$A_K$ of finite dimensional right modules of the algebra $A_K=K\otimes_\Z J_C$ over an algebraically closed field $K$ of characteristic zero. Our results include classifications of Coxeter systems for which mod-$A_K$ is semisimple, has finitely many simple modules up to isomorphism, or has a bound on the dimensions of simple modules. Incidentally, we show that every group algebra of a free product of finite cyclic groups is Morita equivalent to the algebra $A_K$ for a suitable Coxeter system; this allows us to specialize the classifications to the module categories of such group algebras.