u/JuniorCharge4571

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Why Canoo Collapsed: Strategy Shifts, Financial Struggles, and Bankruptcy

Why Canoo Collapsed: Strategy Shifts, Financial Struggles, and Bankruptcy

Canoo ($GOEV) started with a lot of potential, but its business strategy changed quickly and the company eventually ran out of money.

When Canoo went public through a SPAC merger in 2020, it promoted three main sources of future revenue: engineering services, a subscription-based vehicle model, and commercial EV sales.

Engineering services were supposed to bring in revenue before Canoo’s own vehicles reached the market. The company projected $120 million in engineering-services revenue for 2021 and highlighted its relationship with Hyundai as a sign that its technology had commercial potential.

But on March 29, 2021, Canoo announced that it would deemphasize engineering services and move away from the subscription strategy it had previously promoted. It later disclosed that its 2020 revenue came from consulting work tied to a single obligation that had already been completed in July 2020.

Questions also grew around the Hyundai relationship and Canoo’s ability to turn its plans into actual revenue. By April 2021, $GOEV had fallen to $8.05.

The company continued to struggle with cash, financing, and production. After years of financial problems, Canoo filed for Chapter 7 bankruptcy in 2025.

Investors later sued, alleging that Canoo had misled them about its engineering-services business, subscription model, and the importance of its Hyundai relationship. 

The case has now moved toward a tentative settlement. The terms are still being finalized, but investors can currently submit an application that will be processed once the claims period officially opens. So if you bought $GOEV shares between 2020 and 2021, you can check if your eligible and file a clime here

Anyway, has anyone here invested in $GOEV? How much were your losses, if so?

https://preview.redd.it/12mupu45lauh1.jpg?width=2348&format=pjpg&auto=webp&s=f582e01808eac82c2d2ed42c5328acc4c6958165

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u/JuniorCharge4571 — 7 days ago
▲ 0 r/RivenMarket+1 crossposts

Checking in on Rivian ($RIVN): Q2 Results, R2 Launch, and $250M Settlement

Rivian Automotive ($RIVN) reported Q2 2026 revenue of $1.658B, a 27% increase year-over-year, driven by the start of external R2 deliveries and software services through its joint venture with Volkswagen. The company produced 12,613 vehicles and delivered 12,194 during the quarter, achieving $179M in gross profit while continuing to improve its adjusted EBITDA.

A key driver for Rivian’s long-term scale is its mid-size R2 platform. External deliveries for the R2 officially began on June 9, 2026, following the completion of the 1.1 million sq. ft. manufacturing expansion at its plant in Normal, Illinois. Rivian is using the R2 launch to expand its market reach beyond its premium R1 line. 

Alongside its operational updates, Rivian resolved its 2022 shareholder class-action lawsuit. A $250 million settlement addressing claims that Rivian misled pre-IPO investors regarding vehicle pricing and manufacturing costs, which resulted in a March 2022 price increase of up to $20,000 on preorders. The settlement is accepting late claims for compensation. If you bought shares between 2021 and 2022, you still have a chance to seek recovery. Check if you're eligible and file a claim here.

Anyone else still following $RIVN? 

u/JuniorCharge4571 — 9 days ago
▲ 16 r/musked

What Happened With the Twitter Acquisition Investor Case?

Hey everyone, I wanted to share an update for anyone who invested in $TWTR around the time Elon Musk agreed to acquire Twitter.

Back in April 2022, Musk agreed to buy Twitter for $44 billion, or $54.20 per share. Shortly after, he began questioning Twitter’s estimates of fake and spam accounts and whether the deal could still move forward. In May, he said the acquisition was temporarily on hold, and $TWTR dropped 9.7% that day, falling from $45.08 to $40.72.

The situation continued to escalate. On July 8, Musk announced that he was terminating the deal. By July 11, $TWTR had fallen to $32.65, down 27.6% from the beginning of the class period.

Musk eventually agreed to complete the acquisition at the original $54.20 per share price on October 4, 2022. Investors later alleged that his statements about Twitter and the acquisition were misleading and caused losses for people who traded during this period. 

The case went to trial in March 2026, and a jury found Musk liable for securities fraud related to certain statements he made about the acquisition. The court later entered judgment for the class and the claims process is now open.

If you sold Twitter stock or call options, or purchased put options, in 2022, you may be eligible to submit a claim before the November 24, 2026 deadline. Check if you're eligible and file a claim here.

Did anyone here hold or trade $TWTR during that period?

https://preview.redd.it/tbw5etj40pth1.png?width=1777&format=png&auto=webp&s=ab28c3ea0a5296d527a5d001685d28d668b1792b

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u/JuniorCharge4571 — 10 days ago

Stitch Fix $32M Settlement Deadline Is in 2 Days (October 7, 2026)

Hey guys, if you missed it, Stitch Fix settled $32M with investors over claims related to its Freestyle/Direct Buy business. And, the deadline to file a claim and get payment is October 7, 2026.

In a nutshell, in 2021, Stitch Fix was accused of misleading investors about Freestyle’s impact on its Fix business and the company’s performance. After the company reported weaker results and acknowledged short-term cannibalization, $SFIX dropped about 24%, and investors filed a lawsuit.

Now, the good news is that Stitch Fix agreed to settle $32M with investors, and they have until October 7, 2026 to submit a claim.

So, if you invested in $SFIX when all of this happened, you can check the details and file your claim here.

Anyway, has anyone here invested in $SFIX at that time? How much were your losses, if so?

https://preview.redd.it/hid3cayovoth1.png?width=1810&format=png&auto=webp&s=8b672255bad6d715987f5344c548540e1af6c29d

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u/JuniorCharge4571 — 10 days ago

Amylyx Pharmaceuticals ($AMLX) Advances Toward Q4 FDA Filing for Avexitide Following Phase 3 Data

Hey everyone, I’ve been looking into Amylyx Pharmaceuticals lately because there have been a few updates around avexitide, so I figured I’d share what I found. 

Amylyx Pharmaceuticals ($AMLX) continues to progress its regulatory strategy for avexitide, an investigational glucagon-like peptide-1 (GLP-1) receptor antagonist for post-bariatric hypoglycemia (PBH). Topline data from the pivotal Phase 3 LUCIDITY study demonstrated a 55% reduction in level 2/3 hypoglycemic events compared with placebo, successfully meeting its primary endpoint alongside all key secondary endpoints. 

Management reaffirmed its target to submit a New Drug Application (NDA) to the U.S. FDA in Q4 2026, targeting a potential commercial launch in 2027 if approved. Avexitide holds FDA Breakthrough Therapy and Orphan Drug designations for PBH. To support commercial readiness, Amylyx completed a public equity offering raising approximately $500M in gross proceeds and secured long-term commercial manufacturing supply agreements. 

The advance of avexitide marks a pipeline pivot following the voluntary market withdrawal of Relyvrio/AMX0035 in April 2024 after its Phase 3 PHOENIX trial in ALS missed its primary endpoint.The drug was withdrawn after its Phase 3 PHOENIX trial in ALS failed to meet its main goal. The decision also led to a shareholder lawsuit over the company’s public disclosures, which resulted in a $6.5 million settlement. The settlement is still active, and late claims are currently being considered, subject to approval. You can check if you're eligible and file a claim here.

Anyone else still following $AMLX?

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u/JuniorCharge4571 — 10 days ago

Newell Brands ($NWL): 2026 Business Update and Investor Case

Newell Brands has reported several updates in 2026 as the company continues its turnaround efforts and works to improve sales and cash flow.

In its Q2 2026 results, Newell reported $2.0 billion in net sales, up 3% year over year, while core sales increased 2.3%. The company said this marked its first return to year-over-year sales growth in more than four years. 

Newell also raised its full-year 2026 outlook, projecting 1%–2% net sales growth, normalized EPS of $0.73 - $0.77, and approximately $400 million in operating cash flow. The company also entered into an $800 million revolving credit facility, with a general maturity extending to 2031. 

The company has also been highlighting performance across some of its major brands, including Sharpie, Elmer’s, Prismacolor, and EXPO, as part of its broader effort to improve its brand portfolio and return to growth. 

There is also an older investor case involving Newell Brands. The SEC found that Newell and former CEO had made misleading statements about core sales growth and other financial metrics during 2016 and 2017. The SEC ordered Newell and Polk to pay a combined $12.5 million, which was placed into a Fair Fund for investors with recognized losses. 

The issue became public after Newell reported disappointing third-quarter results on November 2, 2017, and $NWL fell approximately 25%. Even though the original claim deadline passed, late claims are currently being considered, subject to approval. You can check if you're eligible and file a claim here

Anyone else still following $NWL?

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u/JuniorCharge4571 — 13 days ago

Deadline to Submit Claims on the $175M Seagate Settlement Is in 17 Days (October 19, 2026)

Hey guys, if you missed it, Seagate settled $175 million with investors over claims that it concealed illegal HDD sales to Huawei and related export violations. The deadline is October 19, 2026.
Quick recap: Seagate was accused of hiding its Huawei business and the risks tied to U.S. export restrictions. In 2023, the company admitted selling more than $1.1 billion in HDDs to Huawei and agreed to a $300 million penalty.

If you invested in $STX between 2020 and 2023, you may be eligible to file a claim check if your eligible and submit your claim here

Anyway, did anyone here invest in $STX during that time?

https://preview.redd.it/vdxx1sw133th1.png?width=1810&format=png&auto=webp&s=fb86ae533d3c01c5d24625d798f1139f4a3d0699

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u/JuniorCharge4571 — 13 days ago

Nextera Energy Settlement FAQ: Who’s Eligible for the $150M Payout?

Hey guys, I posted about this settlement before, but since the settlement is accepting claims, I figured I'd share a quick FAQ.

So here's what I know:
NextEra was accused of misleading investors about alleged covert political spending tied to Florida Power & Light and the legal and reputational risks that came with it. After the company disclosed those risks in 2023, the stock fell 8.7%, and investors filed a lawsuit.
Now NextEra has agreed to a $150 million settlement for affected investors.

Who can claim this settlement?
If you bought $NEE shares between 2021 and 2023, you may be eligible to submit a claim.

Do I need to sell or lose my shares to qualify?
No. You may still be eligible even if you no longer own the shares.

Can I file a claim?
Yes. The settlement terms have been submitted to the court for approval, but you can still check your eligibility and submit your claim here.

How long does the payout process take?
It typically takes 4 to 9 months after the claim deadline once the settlement becomes effective, depending on the court and settlement administration.

Hope this helps

https://preview.redd.it/mxxljj8e7wsh1.png?width=1783&format=png&auto=webp&s=f363c66bc5bdb7035f219aac62190a1995680a86

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u/JuniorCharge4571 — 14 days ago

Deadline to Submit Claims on the Rockley Photonics $10M Investor Settlement is in 15 days

Hey guys, if you missed it, Rockley Photonics reached a $10 million settlement with investors over claims that it overstated its relationship with Apple and the readiness of its wearable biosensor technology. The deadline to file a claim is October 15, 2026.

In a nutshell, Rockley was accused of misleading investors during its 2021 merger with SC Health. The company allegedly overstated its relationship with Apple and the commercial readiness of its biosensor technology, while failing to properly disclose development delays, cash burn, and limited near-term revenue visibility.

After concerns about the company’s outlook came to light, $RKLY fell sharply, including a drop of more than 30% in 2022. Investors later filed a lawsuit over their losses.

Rockley has now agreed to settle the claims for $10 million, and eligible investors have until October 15, 2026, to submit a claim.

If you invested in $RKLY during that time, you can check the details and file your claim here.

Did anyone here invest in $RKLY? How much were your losses, if so?

https://preview.redd.it/ewgkvugz3wsh1.png?width=1126&format=png&auto=webp&s=8a2de118d8c4e872b5c184b1679e983de7cb6839

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u/JuniorCharge4571 — 14 days ago

SolarEdge ($SEDG) Update: Q2 Results and What Comes Next

Hey everyone, I’ve been looking into SolarEdge lately because there have been a few interesting updates around the company, so I figured I’d share a quick recap.

SolarEdge reported $346.2M in Q2 2026 revenue, up 19.6% year over year, with non-GAAP diluted EPS of $0.05. The company also reported its sixth consecutive quarter of year-over-year gross margin expansion

For Q3, SolarEdge is expecting revenue between $310M and $340M, with non-GAAP gross margin of 22%–26%. The company is also working on expanding its Nexis platform and storage business, while developing solid-state technology for power-management applications, including AI data centers. 

There’s also an older investor case connected to SolarEdge. The company agreed to a $55M settlement over claims that it misled investors about European demand, inventory levels, and the sustainability of its reported revenues. Late claims are currently being considered, subject to approval. 

So there’s quite a bit going on with SEDG right now, especially with the company trying to grow its storage and newer technology businesses.

Anyone else following SolarEdge? What are you watching most closely with $SEDG?

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u/JuniorCharge4571 — 15 days ago

Hut 8 Settlement FAQ: Who’s Eligible for the $2.35M Payout?

Hey guys, I posted about this settlement before, but since the settlement is accepting claims, I figured I'd share a quick FAQ.

Q: What happened?
A: Hut 8 agreed to a $2.35 million settlement over claims that it misled investors about USBTC's financial condition and the quality of the mining assets it acquired through their merger. After a short-seller report raised concerns about the deal, $HUT fell more than 23%.

Q: Am I actually eligible?
A: If you purchased $HUT shares between 2023 and 2024, you may be eligible to file a claim. You don't need to still own the shares to qualify.
Q:Can I file?
A: Yes, you can file a claim before the December 5 2026 deadline. Check if you're eligible and file a claim here

Q: When do payouts happen?
A: Payouts are typically processed 4–9 months after the claim deadline, depending on the court and the settlement administrator.

Hope this info helps

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u/JuniorCharge4571 — 15 days ago

Checking in on CytoDyn ($CYDY): What’s next for leronlimab?

Hey everyone, I’ve been looking into CytoDyn lately because there have been a few updates around leronlimab, so I figured I’d share what I found.
CytoDyn recently closed a $16.5M financing to support the continued development of leronlimab, including ongoing clinical programs in metastatic colorectal cancer and triple-negative breast cancer. The company said the financing is expected to fund operations into the second half of 2027. 

The company also completed enrollment in its Phase 2 CLOVER study for metastatic colorectal cancer earlier this year and is also evaluating leronlimab in other areas, including triple-negative breast cancer and Alzheimer’s disease. CytoDyn recently presented an update at the Life Sciences Investor Forum. 

The latest developments come as CytoDyn continues to focus on the potential use of leronlimab in solid-tumor oncology. The company is also pursuing partnerships and additional funding to support its clinical development strategy. 

There’s also an older investor settlement related to leronlimab. CytoDyn agreed to a $500K settlement over claims concerning statements about the drug’s regulatory status, safety, and efficacy. Late claims are currently being considered, subject to approval. 

Anyone else still following $CYDY? 

u/JuniorCharge4571 — 15 days ago

The Court Finally Approved the $11.5M Settlement Between CS Disco and Its Investors over Growth Claims

Hey guys, if you missed it, the court finally approved the $11.5M Settlement between CS Disco ($LAW) and its investors over claims that the company misled investors about its growth and customer losses. Here’s a quick recap.

In 2023, CS Disco was accused of hiding that some major customers were reducing their use of its platform while continuing to give investors optimistic growth projections.

After the company cut its revenue forecast in August 2022, $LAW dropped 53.4% in one day, and investors filed a lawsuit.

The company later agreed to an $11.5 million settlement, which the court has now approved.

So, if you invested in $LAW during that period, you can check the details and file your claim here.

Anyway, did anyone here invest in $LAW at that time? How much did you lose, if so?

https://preview.redd.it/fihaatq9zosh1.jpg?width=2338&format=pjpg&auto=webp&s=1b4fdbd9d031789e40589c8915aa13c664740469

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u/JuniorCharge4571 — 15 days ago

ASP Isotopes ($ASPI) $9.35M Settlement Is Now Accepting Claims: Check Your Eligibility and File a Claim

Hey guys, if you missed it, ASP Isotopes reached a $9.35M settlement with investors over claims that it overstated the readiness of its uranium and HALEU enrichment technology. The latest update is that eligible claimants can now submit their claims, with the deadline set for December 2, 2026.

In a nutshell, in 2024, ASP Isotopes was accused of misleading investors about its quantum enrichment technology and its ability to support uranium and HALEU production. After Fuzzy Panda Research challenged the company’s uranium enrichment claims on November 26, 2024, $ASPI fell 23.5%. The stock dropped another 14.2% the following day after the company’s CEO said ASPI had not actually enriched uranium.

Now, the good news is that claims are being accepted. If you bought $ASPI shares in 2024, you may be eligible to participate in the settlement.

So, if you invested in $ASPI during that period, you can check the details and file your claim here.

Anyway, has anyone here invested in $ASPI at that time? How much were your losses, if so?

https://preview.redd.it/tn11fi79yhsh1.jpg?width=2294&format=pjpg&auto=webp&s=608250b466de74a62037a91980d6d1aba47b6f14

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u/JuniorCharge4571 — 16 days ago

Maison Solutions ($MSS): FAQ for Getting Payment on the Tentative Settlement over IPO Disclosure Issues

Hey guys, I posted about this settlement before, but since you can now submit an application, I decided to share it again with a little FAQ.

So here's all I know about this agreement:

Maison Solutions was accused of failing to disclose related-party dealings, prior allegations involving its CEO and related entities, and other risks tied to its IPO disclosures. After a December 2023 Hindenburg report raised these issues, $MSS fell 83.6%, and investors filed a lawsuit.

Now the company has reached a tentative settlement with investors to resolve the claims. The settlement terms are still being finalized, but you can submit an application now, which will be processed once claims filing opens.

Who can claim this settlement?
If you bought $MSS shares in 2023, you may be eligible.

Do I need to sell/lose my shares to get this settlement?
You don't need to still hold the shares. If you bought during the class period and suffered a qualifying loss, you may be eligible to participate.

Can I file a claim?
Yes, you can submit an application now. It will be processed once claims filing opens, check if you're eligible and file a claim here.

How long does the payout process take?
It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Hope this info helps

https://preview.redd.it/8k2ka75nmhsh1.jpg?width=2309&format=pjpg&auto=webp&s=8c5c8f360a714b06c51278f5474f921e6eb57501

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u/JuniorCharge4571 — 16 days ago

Maison Solutions ($MSS): FAQ for Getting Payment on the Tentative Settlement over IPO Disclosure Issues

Hey guys, I posted about this settlement before, but since you can now submit an application, I decided to share it again with a little FAQ.

So here's all I know about this agreement:

Maison Solutions was accused of failing to disclose related-party dealings, prior allegations involving its CEO and related entities, and other risks tied to its IPO disclosures. After a December 2023 Hindenburg report raised these issues, $MSS fell 83.6%, and investors filed a lawsuit.

Now the company has reached a tentative settlement with investors to resolve the claims. The settlement terms are still being finalized, but you can submit an application now, which will be processed once claims filing opens.

Who can claim this settlement?
If you bought $MSS shares in 2023, you may be eligible.

Do I need to sell/lose my shares to get this settlement?
You don't need to still hold the shares. If you bought during the class period and suffered a qualifying loss, you may be eligible to participate.

Can I file a claim?
Yes, you can submit an application now. It will be processed once claims filing opens, check if you're eligible and file a claim here.

How long does the payout process take?
It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Hope this info helps

https://preview.redd.it/kb5z1wkvmhsh1.jpg?width=2309&format=pjpg&auto=webp&s=da68b986331e96002f77041655c80d3e9e43df3f

reddit.com
u/JuniorCharge4571 — 16 days ago

Maison Solutions ($MSS): FAQ for Getting Payment on the Tentative Settlement over IPO Disclosure Issues

Hey guys, I posted about this settlement before, but since you can now submit an application, I decided to share it again with a little FAQ.

So here's all I know about this agreement:

Maison Solutions was accused of failing to disclose related-party dealings, prior allegations involving its CEO and related entities, and other risks tied to its IPO disclosures. After a December 2023 Hindenburg report raised these issues, $MSS fell 83.6%, and investors filed a lawsuit.

Now the company has reached a tentative settlement with investors to resolve the claims. The settlement terms are still being finalized, but you can submit an application now, which will be processed once claims filing opens.

Who can claim this settlement?
If you bought $MSS shares in 2023, you may be eligible.

Do I need to sell/lose my shares to get this settlement?
You don't need to still hold the shares. If you bought during the class period and suffered a qualifying loss, you may be eligible to participate.

Can I file a claim?
Yes, you can submit an application now. It will be processed once claims filing opens, check if you're eligible and file a claim here.

How long does the payout process take?
It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Hope this info helps

reddit.com
u/JuniorCharge4571 — 16 days ago

Snap: FAQ for Getting Payment on the $65M Settlement over Apple Privacy Changes

Hey guys, I posted about this settlement before, but since they’re accepting late claims, I decided to share it again with a little FAQ.

So here's all I know about this agreement:

Snap was accused of misleading investors about how Apple’s privacy changes would affect its advertising business. Investors alleged that Snap downplayed the impact of Apple’s App Tracking Transparency changes on its ability to measure and target ads, and $SNAP later fell sharply as the impact became clearer.

Now the company has agreed to settle $65M with investors for their losses.

Who can claim this settlement?
If you bought $SNAP shares in 2021, you may be eligible. You don’t need to hold the stock still to claim; past losses count

Do I need to sell/lose my shares to get this settlement?
No. You don't need to still own the shares. If you bought during the class period and suffered a qualifying loss, you may be eligible to claim.

I missed the deadline. Is it too late? 
No, you may still be able to file a late claim, but acceptance depends on final approval by the court. Check if you're eligible and file a claim here

How long does the payout process take?
It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Hope this info helps

https://preview.redd.it/asuhu5p11bsh1.jpg?width=2273&format=pjpg&auto=webp&s=685d8424dc2fb6066ca44a5a119c642eeb754185

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u/JuniorCharge4571 — 17 days ago

Snap: FAQ for Getting Payment on the $65M Settlement over Apple Privacy Changes

Hey guys, I posted about this settlement before, but since they’re accepting late claims, I decided to share it again with a little FAQ.

So here's all I know about this agreement:

Snap was accused of misleading investors about how Apple’s privacy changes would affect its advertising business. Investors alleged that Snap downplayed the impact of Apple’s App Tracking Transparency changes on its ability to measure and target ads, and $SNAP later fell sharply as the impact became clearer.

Now the company has agreed to settle $65M with investors for their losses.

Who can claim this settlement?
If you bought $SNAP shares in 2021, you may be eligible. You don’t need to hold the stock still to claim; past losses count

Do I need to sell/lose my shares to get this settlement?
No. You don't need to still own the shares. If you bought during the class period and suffered a qualifying loss, you may be eligible to claim.

I missed the deadline. Is it too late? 
No, you may still be able to file a late claim, but acceptance depends on final approval by the court. Check if you're eligible and file a claim here

How long does the payout process take?
It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Hope this info helps

https://preview.redd.it/xkcplzyq0bsh1.jpg?width=2273&format=pjpg&auto=webp&s=77d8a3ba4a14c55f1090691a3aebf4949cb8a0c3

reddit.com
u/JuniorCharge4571 — 17 days ago
▲ 3 r/Snap

Snap: FAQ for Getting Payment on the $65M Settlement over Apple Privacy Changes

Hey guys, I posted about this settlement before, but since they’re accepting late claims, I decided to share it again with a little FAQ.

So here's all I know about this agreement:

Snap was accused of misleading investors about how Apple’s privacy changes would affect its advertising business. Investors alleged that Snap downplayed the impact of Apple’s App Tracking Transparency changes on its ability to measure and target ads, and $SNAP later fell sharply as the impact became clearer.

Now the company has agreed to settle $65M with investors for their losses.

Who can claim this settlement?
If you bought $SNAP shares in 2021, you may be eligible. You don’t need to hold the stock still to claim; past losses count

Do I need to sell/lose my shares to get this settlement?
No. You don't need to still own the shares. If you bought during the class period and suffered a qualifying loss, you may be eligible to claim.

I missed the deadline. Is it too late? 
No, you may still be able to file a late claim, but acceptance depends on final approval by the court. Check if you're eligible and file a claim here

How long does the payout process take?
It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Hope this info helps

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u/JuniorCharge4571 — 17 days ago