Jul. 16 at 12:31 PM
$ARVLF reached a settlement with investors to resolve claims that it misled them about its production capabilities, microfactory model, and revenue projections ahead of its SPAC merger with CIIG.
Who’s eligible?
Anyone who bought and held
$ARVLF stock between November 18, 2020, and November 19, 2021.
Do I need to sell my shares to qualify?
No — you're eligible if you purchased during that period, regardless of whether you sold or still hold your shares.
How much is the payout?
The payout per share is
$0.12 — but if only ~25% of eligible investors file, the effective payout could increase to
$0.48 per share.
Can I still file?
Yes — late claims are currently being considered, pending court approval.
When do payouts happen?
Generally 8–12 months after the court grants final approval.
To file your claim: https://11th.com/cases/arrival-investor-settlement