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

The Second Distribution of the Net Settlement Fund took place on November 25, 2024. Claims were calculated pursuant to the Court-approved Plan of Allocation set forth in the Notice of Pendency and Proposed Settlement located on the Notice tab of this website. This distribution is being made in accordance with the Court's Order Approving Distribution Plan dated February 7, 2024. If you received a payment in this distribution, please promptly cash your check, as your check will become void on the date listed on your check, and the funds may no longer be available to be paid to you after this void date. If you have questions regarding your check or the initial distribution, please send an email with your questions to [email protected].

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.

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.