Aug. 6 at 6:08 AM
$ZEVY agreed to a
$13.35M settlement with investors to settle claims of overstating financial prospects in 2021.
Who’s eligible?
Anyone who purchased or otherwise acquired Lightning eMotors
$ZEVY stock between May 18, 2020, and August 16, 2021, and were damaged thereby.
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
$1.69 — but if only ~25% of eligible investors file, the effective payout could increase to
$6.76 per share.
Can I still file?
Yes — late claims are being considered, pending court approval.
When do payouts happen?
Usually 8–12 months after the court grants final approval.
To file your claim: https://11th.com/cases/lightningemotors-investor-settlement?utm_source=stocktwits&utm_medium=referral&utm_campaign=faq&utm_content=08062025_1