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Proterra Inc. Securities Litigation Settlement

This settlement is closed to new claims — the deadline was August 29, 2025. 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

Proterra Inc. and its defendants are settling securities litigation brought by shareholders who claim they were harmed by alleged misconduct related to Proterra's business combination with ArcLight Clean Transition Corp. and subsequent stock sales. The defendants are paying $29 million to resolve all claims without admitting wrongdoing.

Do you qualify?

Anyone who purchased or acquired Proterra Inc. public shares through the May 14, 2021 proxy/registration statement relating to the ArcLight business combination, or who purchased Proterra common stock between August 11, 2021 and August 7, 2023. Excluded are defendants, their families, former directors, and affiliated entities.

How to file

Submit a Claim Form with required supporting documentation online through the website or by mail to the Claims Administrator. Claims and documentation must be received or postmarked no later than August 29, 2025.

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.

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