Press release
Investigation announced for Investors in Rivian Automotive, Inc. (NASDAQ: RIVN) over possible Violations of Securities Laws
An investigation for investors in Rivian Automotive, Inc. (NASDAQ: RIVN) shares over potential securities laws violations.
Investors who purchased shares of Rivian Automotive, Inc. (NASDAQ: RIVN), have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.
The investigation by a law firm focuses on whether a series of statements by Rivian Automotive, Inc. regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Irvine, CA based Rivian Automotive, Inc. develops and manufactures electric adventure vehicles. Rivian Automotive, Inc went public in November 2021. Rivian Automotive, Inc raised nearly $12 billion in its initial public offering by selling NASDAQ: RIVN shares at $78 per share.
On January 11, 2022, Rivian announced its COO, Rod Copes had stepped down.
Shares of Rivian Automotive, Inc. (NASDAQ: RIVN) declined from $123.40 per share on December 8, 2021, to as low as $55.10 per share on January 24, 2022.
Those who purchased shares of Rivian Automotive, Inc. (NASDAQ: RIVN) have certain options and should contact the Shareholders Foundation.
Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com
About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities lawsuits, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.
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