RIVN SHAREHOLDER ALERT: Jakubowitz Law Reminds Rivian Automotive, Inc. Shareholders of a Lead Plaintiff Deadline of May 6, 2022

NEW YORK, March 25, 2022

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https://claimyourloss.com/securities/rivian-automotive-inc-loss-submission-form/?id=25124&from=4

This lawsuit is on behalf of investors that purchased or otherwise acquired Rivian common stock pursuant and/or traceable to Rivian's initial public offering on November 10, 2021.

Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 6, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.

Documents issued in connection with the initial public offering contained representations that were materially inaccurate, misleading, and/or incomplete because they failed to disclose, among other things, that the R1T electric pickup truck and R1S electric SUV were underpriced to such a degree that Rivian would have to raise prices shortly after the IPO and that these price increases would tarnish Rivian's reputation as a trustworthy and transparent company and would put a significant number of the existing backlog of 55,400 preorders, along with future preorders, in jeopardy of cancellation.

Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.

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