Rivian Automotive, Inc.

24 Days Left

Class Action Period:
March 01, 2023 - February 21, 2024

Lead Plaintiff Deadline:
June 18, 2024

Case Form

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Allegations

The filed complaint alleges that Rivian Automotive, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Rivian had overstated demand for its products, as well as its ability to withstand negative, near-term macroeconomic impacts; (ii) accordingly, Rivian’s business was experiencing reduced demand and increased customer cancellations as a result of, inter alia, high interest rates; (iii) as a result, Rivian’s order bank had significantly deteriorated; (iv) all the foregoing was likely to, and did, negatively impact the Company’s anticipated earnings and vehicle production targets for 2024; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.

Eligibility

In order to be included in the lawsuit, you must have incurred a loss on shares of Rivian Automotive, Inc. purchased during the class period listed above.

Lead Plaintiff Deadline

If you suffered a loss in Rivian Automotive, Inc. during the relevant time frame, you have until June 18, 2024 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.