Rivian has agreed to a $250 million settlement to resolve claims regarding allegedly misleading statements about vehicle production costs and pricing, affecting the value of investment shares.
Claim Value:
Pro rata share of $250M
The Rivian Automotive Securities Class Action Settlement resolves a legal dispute alleging that Rivian and certain executives made false and misleading statements regarding the production costs and pricing of its R1S and R1T electric vehicles. Rivian has agreed to a pay $250 million to settle these claims. Those who purchased or acquired Rivian Class A common stock between November 10, 2021 and March 10, 202 may receive an estimated $1.18 per eligible share.
You may qualify for benefits if you purchased or acquired Rivian Class A common stock between November 10, 2021 and March 10, 2022.
You purchased or acquired Rivian Class A common stock between November 10, 2021, and March 10, 2022.
Claims may fall under 1934 Act Claims or 1933 Act Claims, depending on whether the Class A common stock was purchased at the fixed IPO price.
Submit a valid claim form to receive a payment from the $250 million fund.
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.
