RIVIAN ALERT: Bragar Eagel & Squire, P.C. Announces that a Class Action Lawsuit Has Been Filed Against Rivian Automotive, Inc. and Encourages Investors to Contact the Firm
Rivian Automotive, Inc. (RIVN)
Company Research
Source: GlobeNewswire
NEW YORK, June 21, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Rivian Automotive, Inc. (“Rivian” or the “Company”) (NASDAQ: RIVN) in the United States District Court for the Central District of California on behalf of all persons and entities who purchased or otherwise acquired Rivian securities between August 12, 2022 and February 21, 2024, both dates inclusive (the “Class Period”). Investors have until July 30, 2024 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Click here to participate in the action. According to the Complaint, Defendants failed to disclose to investors that: (i) Rivian had overstated demand for its electric vehicles (“EVs”); (ii) Rivian had concealed the negative effect inflation and higher interest rates were having on demand for its EVs; (iii) the number of orders in Rivian’s order bank had decreased due to can
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RIVN
News
- Why Fararaday Future Stock Jumped 50% Today [Yahoo! Finance]Yahoo! Finance
- Why Rivian Stock Was Electric This Week [Yahoo! Finance]Yahoo! Finance
- Rivian landed a $5 billion investment after its CEO learned to ignore Elon Musk and learn from Jeff Bezos [Yahoo! Finance]Yahoo! Finance
- Rivian investor day focuses on cost reductions, efficiencies and next-generation EVs [CNBC]CNBC
- There's a couple of Audis out there with Rivian guts. [Verge, The]Verge, The
RIVN
Earnings
- 5/7/24 - Beat
RIVN
Sec Filings
- 6/27/24 - Form 8-K
- 6/25/24 - Form 8-K
- 6/25/24 - Form 144
- RIVN's page on the SEC website