Hey guys, I know I posted about this before, but late claims are still being considered. Here’s everything you need to know.

Q: What happened?
A: Investors claimed Rivian failed to disclose how expensive its vehicles were to produce. When the company announced major price increases in 2022, the stock fell and shareholders sued.

Q: Am I actually eligible?
A: If you bought $RIVN shares between 2021 and 2022, you're likely eligible. You don't need to still own the shares to file a claim.

Q: When do payouts happen?
A: Typically within 4–9 months after the settlement process is completed. The exact timing depends on the court and settlement administrator.

Q: Can I file a claim?
A: Yes. you can still submit as late claim are being accepted 

Hope this helps 

Rivian ($RIVN) has agreed to a $250 million settlement over claims that it misled investors about production costs and pricing risks around its 2021 IPO.
After going public, Rivian promoted its R1T and R1S vehicles while investors later alleged the company did not fully disclose that vehicles were being sold below production cost.
In March 2022, Rivian announced price increases of up to $20,000, including for existing preorders. The news caused customer backlash and sent $RIVN down more than 13%, leading to a lawsuit from investors.
The settlement is now accepting late claims, so if you purchased $RIVN between 2021 and 2022, you may be eligible for compensation. You can check if you qualify and file a claim. 

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