Nikola ($NKLA) Is Paying a Settlement to Investors — Here’s How to Get Your Share

Court: D. Arizona

Case: 2:23-cv-02131

Nikola has requested the court to dismiss the lawsuit filed by investors. The court will determine whether the case proceeds.

What is this lawsuit about?

On September 8, 2023, it was reported that a fourth Nikola BEV truck caught fire near its headquarters, intensifying concerns about battery defects.

Following this, N dropped 15.38%, losing over $150 million in shareholder value.

Then, on October 13, 2023, shareholders filed a claim against Nikola.

What can you do to recover your losses now?

We’re keeping track of all updates and will notify N investors about potential recovery.

More than 600 companies are currently facing securities class action lawsuits, and over 100 are already paying settlements. Connect your brokerage account to automatically check which ones you may have missed.

Court: D. Arizona

Case: 2:20-cv-01797

Nikola agreed to settle claims that it misled them about the functionality of its hydrogen-electric trucks, production timelines, and business prospects.

This settlement presents a great opportunity for investors to recover some of their losses. Here’s what you need to know to claim your payout.

Who is eligible?

All persons who purchased or otherwise acquired Nikola common stock during the period from June 4, 2020, through February 25, 2021, inclusive, and were damaged thereby​.

Do you have to sell securities to be eligible?

No, if you have purchased securities within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your securities.

How long will it take to receive your payout?

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

How to claim your payout — and why it's important to act now?

The settlement will be distributed based on the number of claims filed, so submitting your claim early may increase your share of the payout.

In some cases, investors have received up to 200% of their losses from settlements in previous years.

More than 100 companies are currently paying out settlements. Connect your portfolio to automatically see which ones you might have missed — or file manually for this case. Don’t miss your chance to get yours back.

Court: D. Arizona

Case: 2:20-cv-01797

Nikola agreed to settle claims that it misled them about the functionality of its hydrogen-electric trucks, production timelines, and business prospects.

This settlement presents a great opportunity for investors to recover some of their losses. Here’s what you need to know to claim your payout.

Who is eligible?

All persons who purchased or otherwise acquired Nikola common stock during the period from June 4, 2020, through February 25, 2021, inclusive, and were damaged thereby​.

Do you have to sell securities to be eligible?

No, if you have purchased securities within the class period, you are eligible to participate. You can participate in the settlement and retain (or sell) your securities.

How long will it take to receive your payout?

The entire process usually takes 4 to 9 months after the claim deadline. But the exact timing depends on the court and settlement administration.

How to claim your payout — and why it's important to act now?

The settlement will be distributed based on the number of claims filed, so submitting your claim early may increase your share of the payout.

In some cases, investors have received up to 200% of their losses from settlements in previous years.

More than 100 companies are currently paying out settlements. Connect your portfolio to automatically see which ones you might have missed — or file manually for this case. Don’t miss your chance to get yours back.

Court: D. Arizona

Case: 2:20-cv-01797

Global EV and plug-in hybrid sales rose 29% year-over-year in March, fueled by strong demand in China and Europe. In contrast, North American growth was affected by new U.S. tariffs and policy uncertainty. With 39% of U.S. EVs being imported and many relying on foreign batteries, supply chains face renewed disruption as trade tensions escalate.

reached a settlement with investors over allegations that it misled them about its hydrogen-electric truck capabilities, production schedules, and overall business outlook. You can check more information about it here and file for a payout.