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Stock impact report

Rivian Automotive, Inc. Sued for Securities Law Violations – Investors Should Contact Levi & Korsinsky Before June 18, 2024 to Discuss Your Rights – RIVN

Rivian Automotive, Inc. (RIVN) 
Company Research Source: GlobeNewswire
NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Rivian Automotive, Inc. ("Rivian " or the "Company") (NASDAQ: RIVN) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Rivian investors who were adversely affected by alleged securities fraud between March 1, 2023 and February 21, 2024. Follow the link below to get more information and be contacted by a member of our team: https://zlk.com/pslra-1/rivian-automotive-inc-lawsuit-submission-form?prid=78332&wire=3 RIVN investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed 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 i Show less Read more
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