Feb. 17 at 1:29 PM
$NRDE has agreed to settle with investors over claims that it misled them about pre-orders, production capabilities, and issues surrounding its Endurance prototype following the Hindenburg report.
Who’s eligible?
Anyone who purchased
$NRDE shares between August 3, 2020 and July 2, 2021.
Do I need to sell my shares to qualify?
No — you are eligible whether you sold your shares or still hold them.
How much is the payout?
The payout per share is
$0.045 — but normally only ~25% of eligible investors file, the effective payout could increase to
$0.18.
Can I still file?
Yes — late claims are currently being considered for compensation, subject to approval.
When do payouts happen?
Typically within 8–12 months after court approval of the settlement.
To file your claim: https://11th.com/cases/lordstown-investor-settlement