Robbins LLP served as co-lead counsel for the class of InterPrivate Acquisition Corp. stockholders who were entitled to redeem their shares of stock in connection with the Company's merger with Legacy Aeva, Inc. Although InterPrivate stockholders voted to approve the business combination on March 11, 2021, plaintiffs allege that they did so based on the presentation of false and misleading information regarding the company's financial projections. After the merger, Aeva's gross profits decreased dramatically, and the Company's stock price has cratered. In litigating this matter, Robbins LLP secured $14 million for the class.
Smith v. Fattouh, et al., No. 1:24-cv-00484-GBW (D. Del. Sept. 12, 2025)