CClaimWatch
Claims closedNo proof of purchase neededsecurities

Lordstown Motors Corp. Stockholders Litigation Settlement

This settlement is closed to new claims. You can still see what it was about and follow the case in court below. Looking for money you can still claim? Browse open settlements →

What happened

Co-Lead Plaintiffs brought a stockholder class action against Lordstown Motors directors alleging securities violations in connection with the merger of DiamondPeak with Lordstown EV Corporation. The defendants agreed to settle for $15.5 million in cash without admitting wrongdoing.

Do you qualify?

All record and beneficial holders of DiamondPeak Class A common stock as of October 23, 2020 (the effective time of the merger with Lordstown EV Corporation), excluding defendants, DiamondPeak directors/officers, their families, and affiliated entities.

How to file

Eligible class members do not need to submit a claim form—distributions are paid directly to qualifying stockholders. Contact the Settlement Administrator at 855-208-4125 or info@LordstownMotorsStockholdersLitigation.com with questions.

This summary was generated from public settlement documents and may contain errors. Confirm eligibility, deadlines, and payment terms on the official settlement website before filing. ClaimWatch is not a law firm and this is not legal advice. Filing a claim is free.

More securities settlements

View all →