Lordstown Ohio Securities Litigation Settlement

March 21, 2024 Active Cases

If you purchased the publicly traded securities1 of Lordstown Motors Corp. (“LMC”) during the period from August 3, 2020 through July 2, 2021, and/or held LMC’s publicly traded Class A Common Stock on September 21, 2020, and were damaged thereby, you may be in the Ohio Settlement Class and entitled to a payment from a settlement.

Status Postcard Notices are in the process of being mailed and/or emailed. Details are in the long-form Notice linked below.

Exclusion Deadline May 21, 2024

Objection/Notice to Appear Deadline May 21, 2024

Final Approval Hearing June 11, 2024 at 10:30 a.m. (prevailing Eastern Time – remote instructions will be posted)

Settlement Claims Filing Deadline July 20, 2024

File A Claim Online Online Claim Form

Important Documents

Notice of Certification of Settlement Class, Proposed Settlement, and Motion for Attorneys’ Fees and Expenses and Ohio Securities Litigation Proof of Claim Form
Table 3 and 4 for the Plan of Allocation
Postcard Notice
Consolidated Amended Complaint For Violations of the Federal Securities Law
Order (I) Confirming Third Modified First Amended Joint Chapter 11 Plan of Lordstown Motors Corp. and Its Affiliated Debtors and (II) Granting Related Relief
Third Modified First Amended Joint Chapter 11 Plan of Lordstown Motors Corp. and Its Affiliated Debtors
Notice of Filing of Third Supplemental Plan Supplement for the Third Modified First Amended Joint Chapter 11 Plan of Lordstown Motors Corp. and Its Affiliated Debtors
Notice of Filing of Second Supplemental Plan Supplement for the Third Modified First Amended Joint Chapter 11 Plan of Lordstown Motors Corp. and Its Affiliated Debtors
Notice of Filing of First Supplemental Plan Supplement for the Third Modified First Amended Joint Chapter 11 Plan of Lordstown Motors Corp. and Its Affiliated Debtors

1LMC Securities means LMC’s publicly traded Class A Common Stock (ticker: “RIDE” and prior ticker: “DPHC“), LMC’s publicly traded warrants (ticker: “RIDEW” and prior ticker: “DPHCW“), LMC’s publicly traded units (ticker: “DPHCU“), and any exchange-traded option to purchase or sell LMC’s publicly traded Class A Common Stock.