KSF News, Updates, & Insights

Final Approval of $35 Million Settlement Granted in Workhorse Securities Litigation

Farrar v. Workhorse Group, Inc., et al., No. 2:21-cv-02072-CJC-PVC (C.D. Cal.). On July 28, 2023, after more than two years of hard-fought litigation, the Hon. Cormac J. Carney entered a Final Judgment approving a $35 million settlement of the Class’ claims. Lead Counsel KSF achieved this excellent result after defeating Defendants’ motion to dismiss and engaging in substantial fact discovery.