Rivian Lawsuit Submission Form

Company: Rivian Automotive, Inc.

Ticker: (NASDAQ) RIVN

Deadline

Passed

Lead Plaintiff Deadline: July 30, 2024

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Allegations

The filed complaint alleges that Rivian Automotive, Inc. made materially false and/or misleading statements and/or failed to disclose that: (i) Rivian had overstated demand for its products, as well as its ability to withstand negative, near-term macroeconomic impacts; (ii) accordingly, Rivian’s business was experiencing reduced demand and increased customer cancellations as a result of, inter alia, high interest rates; (iii) as a result, Rivian’s order bank had significantly deteriorated; (iv) all the foregoing was likely to, and did, negatively impact the Company’s anticipated earnings and vehicle production targets for 2024; and (v) as a result, the Company’s public statements were materially false and misleading at all relevant times.