Rivian Automotive $250M Securities Class Action Lawsuit Settlement, Shareholders Can Claim Up To $1.18 Per Share—File By April 20, 2026

Rivian Automotive agreed to pay $250 million to resolve securities fraud claims alleging the company misled investors about vehicle production costs around its November 2021 IPO. Shareholders who purchased Rivian Class A common stock between November 10, 2021 and March 10, 2022 can claim compensation—but you must file by April 20, 2026.

What The Rivian Securities Settlement Offers Investors

Allegations: False Statements About R1 Vehicle Production Costs And Pricing

The class action lawsuit alleged Rivian violated federal securities laws by making materially false and misleading statements during and after its November 2021 initial public offering. Investors claimed Rivian failed to disclose that the bill of materials cost for its R1S and R1T electric vehicles far exceeded the sales price, forcing the company to raise vehicle prices in March 2022.

The lawsuit asserted violations of Securities Exchange Act Sections 10(b) and 20(a), Rule 10b-5, and Securities Act Sections 11, 12(a)(2), and 15. Rivian’s stock plummeted from a peak of $172 to $37 within four months after the IPO, causing massive investor losses when the pricing problems became public.

Rivian denies all allegations and maintains the settlement is not an admission of fault or wrongdoing. The company agreed to settle to eliminate uncertainty and focus resources on launching its mass-market R2 vehicle in early 2026.

Settlement Amount: $250M Fund Pays Average $1.18 Per Eligible Share

The total settlement fund is $250,000,000, funded through $67 million from directors’ and officers’ liability insurance plus $183 million in cash. Plaintiffs’ damages expert estimates approximately 211,553,092 shares purchased during the class period may be eligible for recovery.

The estimated average recovery is approximately $1.18 per eligible share before deductions for attorneys’ fees (up to 24% of the fund), litigation expenses (up to $6.9 million), and notice and administration costs. Your actual payment depends on when you purchased and sold shares, how many valid claims are filed, and court-approved deductions.

Payments will be distributed on a pro rata basis according to the court-approved Plan of Allocation, which calculates “Recognized Loss Amounts” based on alleged artificial inflation in Rivian’s stock price on specific dates. Shares purchased at higher artificial inflation levels and held through corrective disclosure dates receive larger recognized losses.

Who Qualifies For The Rivian Settlement: Two Separate Class Definitions

The settlement covers two distinct classes with slightly different eligibility dates. Understanding which class you fall into determines your potential recovery.

1934 Act Claims Class: All persons and entities who purchased or otherwise acquired Rivian Class A common stock between November 11, 2021 and March 10, 2022, inclusive, and were damaged thereby. This class excludes those who purchased at the $78 IPO price on November 10, 2021.

1933 Act Claims Class: All persons and entities who purchased or otherwise acquired Rivian Class A common stock between November 10, 2021 and March 10, 2022, inclusive, and were damaged thereby. This class includes IPO purchasers whose shares were traceable to the registration statement.

Excluded from both classes: Rivian defendants, their families, officers, directors, affiliates, and anyone who requested exclusion during the March 4, 2025 opt-out period. A total of 131 requests for exclusion were received.

April 20, 2026 Claim Deadline And Settlement Timeline

The claim filing deadline is April 20, 2026. Claims submitted online must be filed by 11:59 PM on April 20, 2026. Paper claims mailed to the settlement administrator must be postmarked no later than April 20, 2026.

The Court will hold a Settlement Hearing on May 15, 2026 at 10:30 AM Pacific Time before Judge Josephine L. Staton in Los Angeles federal court. The hearing may be held in person, by telephone, or videoconference at the Court’s discretion.

If the Court grants final approval and no appeals are filed, settlement payments will be distributed approximately 60-90 days later—likely July or August 2026. The settlement becomes effective after final approval and resolution of any appeals.

How To File A Rivian Securities Settlement Claim

Required Documentation: Brokerage Statements Proving Purchase And Sale Transactions

To file a valid claim, you must provide complete documentation of all Rivian Class A common stock transactions during the class period. The settlement administrator requires proof of purchase and sale transactions including dates, quantities, and prices.

Acceptable documentation includes brokerage confirmation slips, monthly brokerage account statements, or authorized statements from your broker containing transactional information. You must provide the last four digits of your Social Security number or full taxpayer identification number.

For each purchase or acquisition, document: purchase date, number of shares, and purchase price per share. For each sale, document: sale date, number of shares, and sale price per share. You must also provide proof of holdings at the beginning and end of relevant periods.

If you held Rivian stock through an Employee Retirement Income Security Act (ERISA) plan, do NOT include those transactions on individual claim forms. Employee plan trustees must submit separate claims for plan transactions.

Step-By-Step Filing Process: Online Submission Or Mail Delivery

Online Filing (Recommended): Visit www.RivianSecuritiesLitigation.com and complete the electronic claim form by April 20, 2026. Upload scanned copies of all required brokerage statements and documentation directly through the secure portal. You’ll receive a confirmation number upon successful submission.

Mail Filing: Download and print the PDF claim form from www.RivianSecuritiesLitigation.com. Complete all sections with transaction details and attach copies of supporting documentation. Mail to: Crews v. Rivian Automotive Securities Litigation, c/o Verita Global, LLC, P.O. Box 301170, Los Angeles, CA 90030-1170. Forms must be postmarked by April 20, 2026.

Similar to the Kraft Heinz $450M securities class action settlement, Rivian investors must accurately calculate their recognized losses based on complex formulas accounting for artificial inflation and corrective disclosures.

How Settlement Payments Are Calculated: Plan Of Allocation Explained

Your payment depends on your “Recognized Loss Amount” calculated under the court-approved Plan of Allocation. The calculation uses estimated artificial inflation in Rivian’s stock price on each date of the class period.

Estimated Artificial Inflation Per Share: November 10, 2021 through March 1, 2022: $10.26 per share. March 2, 2022 through March 10, 2022: $1.08 per share. March 11, 2022 and thereafter: $0.00 per share.

Your recognized loss depends on when you purchased shares and when you sold them (if at all). Shares sold before March 2, 2022 have zero recognized loss because no corrective disclosure had occurred. Shares sold between March 2-10, 2022 have recognized losses based on the difference in artificial inflation between purchase and sale dates.

Shares held through June 8, 2022 (the 90-day lookback period) have recognized losses capped by Private Securities Litigation Reform Act (PSLRA) limitations. The Plan of Allocation includes detailed tables showing 90-Day Look-Back Values for each sale date.

What Investors Must Know Before Filing Claims

Common Mistakes That Could Invalidate Your Rivian Settlement Claim

Many investors lose compensation by making preventable errors when filing claims. First, failing to provide complete transaction documentation for all purchases and sales during the class period will result in claim denial or reduced payment. Partial records aren’t sufficient.

Second, incorrectly calculating purchase and sale dates leads to claim rejection. Use “trade date” or “contract date,” not “settlement date” for all transactions. Confusion between these dates causes significant claim processing problems.

Third, submitting claims for shares purchased outside the class period won’t qualify for recovery. Only shares purchased between November 11, 2021 (or November 10 for 1933 Act claims) through March 10, 2022 are eligible.

Fourth, ERISA plan participants who include employee plan transactions on individual claim forms create processing delays. Employee plan trustees must file separate claims for retirement account holdings.

Understanding Pro Rata Distribution And Payment Expectations

The Net Settlement Fund will be distributed pro rata among all Authorized Claimants based on their Recognized Claims. Your Distribution Amount equals: your Recognized Claim divided by total Recognized Claims of all claimants, multiplied by the Net Settlement Fund.

This means your payment depends heavily on total claims filed. If fewer investors file claims, your pro rata share increases. If participation is high, individual payments decrease proportionally. The $1.18 per share estimate assumes all eligible shares participate.

Payments under $10.00 will not be distributed. If your calculated Distribution Amount is less than $10, you won’t receive a payment but remain bound by the settlement releases.

After initial distribution, the settlement administrator will conduct re-distributions of uncashed checks if cost-effective. Remaining funds after final re-distribution will be contributed to non-profit organizations approved by the Court.

Warning: Rivian Settlement Scams And Fraudulent Contact Attempts

Scammers exploit high-profile settlements by creating fake websites, sending phishing emails, and demanding upfront fees. The official settlement website is www.RivianSecuritiesLitigation.com—verify this exact URL before entering information.

Legitimate settlement administrators never ask for credit card numbers, bank account details, or upfront payments to process claims. If anyone contacts you demanding fees to help claim Rivian settlement funds, it’s a scam.

The only official contact information: Crews v. Rivian Automotive Securities Litigation, c/o Verita Global, LLC, P.O. Box 301170, Los Angeles, CA 90030-1170, phone 1-888-298-2026, email [email protected]. Any other contact information is fraudulent.

Like thevBumble securities fraud litigation, Rivian shareholders must verify they’re dealing with official settlement administrators, not scammers impersonating legitimate claims processes.

What To Do If You’re An Eligible Rivian Shareholder

Verify Your Eligibility And Gather Transaction Records

First, confirm you purchased Rivian Class A common stock (ticker symbol RIVN) between November 10-11, 2021 and March 10, 2022. Check your brokerage account statements or trade confirmations for transactions during this period.

Next, determine whether you suffered damages. You must have held shares through at least one corrective disclosure date (March 2, 2022 or March 11, 2022) when artificial inflation was removed from the stock price. Shares sold before March 2, 2022 have zero recognized loss.

Collect all brokerage statements showing Rivian transactions from November 2021 through June 2022. Include purchase confirmations, sale confirmations, and monthly account statements. Digital records are acceptable if clear and complete.

Calculate Your Potential Recovery Using The Settlement Calculator

Visit www.RivianSecuritiesLitigation.com to access the settlement calculator tool if available. Input your purchase dates, quantities, prices, and sale dates to estimate your Recognized Loss Amount.

Remember this is only an estimate. Actual payments depend on total valid claims filed, court-approved fee deductions (up to 24% for attorneys’ fees plus expenses), and notice and administration costs estimated at $1.6-1.9 million.

Your calculation must follow FIFO (first-in, first-out) matching. If you made multiple purchases and sales, earliest purchases are matched against earliest sales chronologically. Short sales receive zero recognized loss under the Plan of Allocation.

Submit Your Claim Before The April 20, 2026 Deadline

Don’t wait until the last minute. Technical problems, missing documentation, or mail delays could cause you to miss the deadline. File at least two weeks early to allow time for corrections if needed.

After filing, save your confirmation number (for online submissions) or proof of mailing (for paper submissions). Check your claim status periodically at www.RivianSecuritiesLitigation.com if online tracking becomes available.

If you have questions about your eligibility or claim process, contact the settlement administrator at 1-888-298-2026 or [email protected]. Class Counsel at Kessler Topaz Meltzer & Check can provide general information at (610) 667-7706.

Frequently Asked Questions About The Rivian Securities Settlement

What Is The Rivian Automotive Securities Class Action Settlement?

Rivian Automotive agreed to pay $250 million to resolve a class action lawsuit alleging the company violated federal securities laws by making materially false and misleading statements about R1 vehicle production costs around its November 2021 IPO. The settlement compensates shareholders who purchased Rivian Class A common stock between November 10, 2021 and March 10, 2022 and were damaged when the truth about inflated material costs emerged in March 2022.

Who Qualifies For Payment From The Rivian Settlement?

Shareholders who purchased or acquired Rivian Class A common stock during the class period (November 10-11, 2021 through March 10, 2022) and were damaged qualify for compensation. You must have held shares through at least one corrective disclosure date (March 2 or March 11, 2022) to have a recognized loss. Excluded parties include Rivian defendants, their families, officers, directors, and the 131 individuals who requested exclusion by March 4, 2025.

What Is The Claim Deadline For The Rivian Settlement?

The claim deadline is April 20, 2026. Claims submitted online at www.RivianSecuritiesLitigation.com must be filed by April 20, 2026 at 11:59 PM. Paper claim forms mailed to the settlement administrator must be postmarked no later than April 20, 2026. Missing this deadline means you forfeit your right to compensation permanently with no exceptions.

How Much Compensation Can Rivian Settlement Claimants Receive?

The estimated average recovery is approximately $1.18 per eligible share before deductions for attorneys’ fees (up to 24%), litigation expenses (up to $6.9 million), and administration costs ($1.6-1.9 million estimated). Your actual payment depends on when you purchased and sold shares, total valid claims filed, and court-approved deductions. Payments under $10 will not be distributed.

How Do I File A Claim For The Rivian Securities Settlement?

File online at www.RivianSecuritiesLitigation.com or download the PDF claim form and mail it with supporting documentation to: Crews v. Rivian Automotive Securities Litigation, c/o Verita Global, LLC, P.O. Box 301170, Los Angeles, CA 90030-1170. Provide complete transaction records including purchase dates, sale dates, quantities, and prices. Include brokerage statements or trade confirmations as proof.

When Will Rivian Settlement Payments Be Distributed?

The Court will hold a Settlement Hearing on May 15, 2026 to consider final approval. If approved and no appeals are filed, payments will be distributed approximately 60-90 days later—likely July or August 2026. The settlement administrator will mail checks or provide electronic payments to Authorized Claimants whose Distribution Amounts exceed $10.

How Are Claim Amounts Calculated In The Rivian Settlement?

Payments are calculated using a Plan of Allocation that estimates artificial inflation in Rivian’s stock price during the class period ($10.26 per share from November 10, 2021 through March 1, 2022, then $1.08 per share through March 10, 2022). Your Recognized Loss Amount depends on purchase dates, sale dates, and whether you held shares through corrective disclosure dates. The Net Settlement Fund is distributed pro rata based on all valid claims filed.

Last Updated: January 25, 2026

Disclaimer: This article provides legal information only and does not constitute legal advice for any specific situation. Individuals should consult qualified attorneys specializing in securities litigation, investor rights, or class action settlements for case-specific guidance.

Protect Your Investment Rights: Don’t miss the April 20, 2026 deadline to file your Rivian securities settlement claim. Visit www.RivianSecuritiesLitigation.com or call 1-888-298-2026 to claim your compensation today.

Stay informed, stay protected. — AllAboutLawyer.com

Sources:

• Rivian Automotive Securities Litigation official website: www.RivianSecuritiesLitigation.com
• Court records: Charles Larry Crews, Jr. v. Rivian Automotive, Inc., et al., Case No. 2:22-cv-01524-JLS-E (C.D. Cal.)
• Settlement Long-Form Notice (January 2026)
• Rivian Automotive Inc. SEC Form 8-K filing (October 23, 2025)
• CFO Dive, “Rivian to pay $250M to settle IPO fraud suit” (October 24, 2025)
• Settlement Administrator: Verita Global, LLC, 1-888-298-2026, [email protected]

About the Author

Sarah Klein, JD, is a licensed attorney and legal content strategist with over 12 years of experience across civil, criminal, family, and regulatory law. At All About Lawyer, she covers a wide range of legal topics — from high-profile lawsuits and courtroom stories to state traffic laws and everyday legal questions — all with a focus on accuracy, clarity, and public understanding.
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