The settlement of this federal securities fraud class action lawsuit is on behalf of investors who purchased or otherwise acquired Rivian Automotive, Inc. (“Rivian”) (NASDAQ: RIVN) Class A common stock (1) between November 10, 2021 and March 10, 2022, inclusive (the “Class Period”) (the “1933 Act Class”); and/or (2) between November 11, 2021 and March 10, 2022, excluding those who purchased Rivian Class A common stock at the fixed Initial Public Offering (“IPO”) price (the “1934 Act Class”).
Rivian agreed to pay $250,000,000 to resolve this class action lawsuit alleging the company and certain of its officers and/or directors violated federal securities laws by making false or misleading statements.
What’s the status of the Settlement?
On December 18, 2025, the Court granted Kessler Topaz Meltzer & Check’s Motion for Preliminary Approval of the Class Action Settlement which was filed on behalf of the Lead Plaintiffs. There is a final settlement hearing scheduled for May 15, 2026. The settlement website is active and open for claims.
Who can file a claim?
The settlement class includes all persons or entities who:
- Purchased or otherwise acquired Rivian common stock between November 10, 2021 and March 10, 2022, inclusive.
How much is the Settlement Payment?
Pro rata payment: The total settlement fund is $250,000,000. The amount each class member receives will depend on several factors, including:
- The number of valid claims submitted
- The number of shares purchased and sold
- The dates of purchase and sale
- The price paid for the shares and the price received upon sale
How do I file a claim?
The deadline to file a claim is April 20, 2026. To submit a claim and/or to find additional information regarding the terms of the settlement and claim filing process, go to www.RivianSecuritiesLitigation.com, or contact the claims administrator, Vertia Global, LLC, at 1-888-298-2026.
For more information on the case and the Settlement, please visit our website at www.ktmc.com/settled-cases/rivian-automotive-inc.
If you wish to discuss this action or have any questions, please contact Kessler Topaz Meltzer & Check, LLP: Jon Naji, Esq. (484) 270-1453; toll-free at (844) 887-9500; or via e-mail at info@ktmc.com.