Important Update on the Proposed Settlement for Origin Materials, Inc. Stockholders' Derivative Litigation

Important Update on Origin Materials, Inc.

On December 9, 2025, the United States District Court for the Eastern District of California announced a proposed settlement regarding the stockholder derivative litigation against Origin Materials, Inc. This litigation centers around allegations of breaches of fiduciary duties by some officers and directors of the company.

Background of the Case

Origin Materials specializes in creating sustainable alternatives to petroleum-based products. However, it faced scrutiny when stockholders alleged that the company made misleading statements about its chemical processing operations and that it failed to disclose difficulties in scaling production. These allegations led to stockholder complaints after significant declines in stock value following unexpected announcements about operational changes.

The plaintiffs in the case, primarily Thomas Kaspar and Travis Tanasse, filed claims asserting that the company's leadership mismanaged critical aspects of its projects, affecting the overall health of the company and its shareholders.

Proposed Settlement Details

The recent announcement comes as the settling parties have reached an agreement that includes a series of corporate governance reforms designed to improve transparency and oversight within the company. These reforms are positioned as essential updates intended to prevent similar issues in the future.

A settlement hearing is scheduled for January 20, 2026, where the court will review the settlement proposals and determine whether they should be approved. Current stockholders planning to voice their opinion on the matter are encouraged to do so at this hearing.

Shareholder Rights and Next Steps

It's crucial for all stockholders as of October 17, 2025, to be informed about how their rights may be affected by this settlement. They have several options, including objecting to any part of the settlement and attending the court hearing to express their views.

To articulate objections or support for the settlement, stockholders need to follow specific procedures outlined in the court's notice. These include filing written objections by December 30, 2025, accompanied by appropriate documentation verifying their current stock ownership.

This settlement presents both an opportunity for stockholders to benefit from agreed reforms and a chance to ensure that their interests are protected going forward. Maintaining an informed position will help investors be active participants in the process as it unfolds.

Conclusion

In conclusion, the upcoming court hearing and the proposed settlement mark a pivotal moment for Origin Materials, Inc. stockholders. The court's decision and subsequent implementation of the reform measures will likely set the stage for the company's governance and operational trajectory in the years to come. Stockholders are advised to stay engaged as the hearing approaches and to consider how their influence can shape the future of Origin Materials.

For further information, stockholders should refer to the official court documents or contact their representatives to understand how best to navigate the upcoming proceedings.