NEW YORK, April 6, 2022 /PRNewswire/ — WHY: Rosen Law Firm, a global investor rights law firm, reminds buyers of Rivian Automotive, Inc. (NASDAQ: RIVN) securities pursuant to Rivian’s initial public offering (“IPO”) on November 10, 2021 important May 6, 2022 lead applicant deadline.
SO WHAT: If you purchased Rivian securities during the Class Period, you may be entitled to compensation without payment of disbursements or fees through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Rivian class action, go to https://rosenlegal.com/submit-form/?case_id=3880 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action. A class action lawsuit has already been filed. If you wish to act as lead plaintiff, you must move the Court not later than May 6, 2022. A lead plaintiff is a representative party acting on behalf of the other class members to direct the litigation.
WHY THE ROSEN LAW: We encourage investors to select qualified lawyers with proven track records in leadership roles. Often, companies issuing reviews do not have comparable experience, resources, or significant peer recognition. Many of these firms do not actually handle securities class action lawsuits, but are merely middlemen who refer clients or partner with law firms that actually litigate the cases. Be wise in choosing lawyers. Rosen Law Firm represents investors worldwide, focusing its practice on securities class action and shareholder derivative litigation. Rosen Law Firm has reached the largest securities class action settlement against a Chinese company. Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has ranked in the top 4 every year since 2013 and has recovered hundreds of million dollars for investors. In 2019 alone, the company obtained more than $438 million for investors. In 2020, founding partner Laurence Rosen has been named by law360 as a Titan of the Plaintiffs Bar. Many of the firm’s lawyers have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the IPO offering documents were materially inaccurate, misleading and/or incomplete because they failed to disclose, among other things, that the R1T electric pickup truck and R1S electric sport utility vehicle (SUV) were undervalued to such a degree that Rivian would have to raise prices shortly after the IPO and such price increases would tarnish Rivian’s reputation as a reliable and transparent company and put a significant number of the order book existing 55,400 pre-orders as well as future pre-orders in danger of cancellation.
To join the Rivian class action, go to https://rosenlegal.com/submit-form/?case_id=3880 or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] Where [email protected] for more information on the class action.
No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can choose the lawyer of your choice. You can also remain an absent party member and do nothing at this point. An investor’s ability to participate in any potential future recovery does not depend on their status as lead plaintiff.
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Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen Law Firm, Pennsylvania