Welcome to the Workhorse Group, Inc. Securities Litigation Settlement Website
Farrar v. Workhorse Group, Inc., et al., Case No. 2:21-cv-02072 (C.D. Cal.)
United States District Court
Central District of California
This website has been established to provide general information regarding the proposed settlement (“Settlement”) of the class action captioned Farrar v. Workhorse Group, Inc., et. al., Case No. 2:21-cv-02072 (C.D. Cal.), pending in the United States District Court for the Central District of California (“Court”). Capitalized terms used on this website and not otherwise defined shall have the same meanings ascribed to them in the Stipulation of Settlement, dated January 13, 2023 (“Stipulation”).
Please be advised that your rights may be affected by the Settlement if you are a member of the following, preliminarily certified by the Court pursuant to the Order Granting Lead Plaintiff's Unopposed Motion for Preliminary Approval of Class Action Settlement, dated February 14, 2023:
All persons who purchased or otherwise acquired Workhorse securities between March 10, 2020 and May 10, 2021, inclusive (the "Class Period"), and were damaged thereby, excluding Defendants, officers, and directors of Defendants, member of their immediate families and their legal representative, heirs, successors, or assigns, and any entity in which Defendants have or had a controlling interest (the "Settlement Class").
Please also be advised that the Court-appointed Lead Plaintiff is Timothy M. Weis (“Lead Plaintiff”). The Additional Plaintiff is Angelo Federico ("Additional Plaintiff"). The Defendants are Workhorse, Duane Hughes, Steve Schrader, Robert Willison, and Gregory Ackerson.
Although the information on this website is intended to assist you, it does not replace the information contained in the Notice and the Stipulation. We recommend that you read the Notice carefully to fully understand your rights.
If you have questions about the Notice, the Settlement, or your eligibility to participate in the Settlement, please DO NOT contact the Court, the Clerk’s Office, Defendants, or Defendants’ Counsel. All questions should be directed to Class Counsel or the Claims Administrator.
IMPORTANT DATES & DEADLINES
|OBJECTION DEADLINE (Received by)||July 3, 2023|
|EXCLUSION DEADLINE (Received by)||July 3, 2023|
|CLAIM FILING DEADLINE (Postmarked by)||July 3, 2023|
|FINAL APPROVAL HEARING||July 24, 2023 at 1:30 P.M.|
The information on this website, including the dates and deadlines set forth in the chart above, are subject to change. Please continue to check this website for updates.