May. 13 at 11:06 AM
$ZEVY agreed to a
$13.35M settlement with investors over claims the company overstated its financial prospects in 2021.
Who’s eligible?
Anyone who bought and held
$ZEVY stock between May 18, 2020 and August 16, 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.
How much is the payout?
Estimated at
$1.69 per share. If only 25% of eligible investors file, the payout could go up to
$6.76 per share.
Can I still file?
Yes — late claims are being considered for payment, subject to 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