---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-067953"
form_type: "8-K"
ticker: "OUST"
cik: "0001816581"
company_name: "Ouster, Inc."
filed_at: "2024-03-14T23:59:59+00:00"
generated_at: "2026-06-04T21:29:17.428637+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ouster settles Velodyne securities class action for $27.5M; expects $4.125M accrual

## Summary
- Settlement of $27.5M in Moradpour v. Velodyne Lidar, No. 3:21-cv01486-SI (N.D. Cal.).
- Insurance proceeds expected to cover ~$23.375M; Ouster to accrue ~$4.125M in Q4 2023.
- No admission of wrongdoing or liability by Velodyne, individual defendants, or Ouster.
- Settlement is preliminary; subject to final documentation and court approval.

## SEC filing metadata
- accession: 0001193125-24-067953
- form_type: 8-K
- ticker: OUST
- cik: 0001816581
- company_name: Ouster, Inc.
- filed_at: 2024-03-14T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1816581/000119312524067953/0001193125-24-067953-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1816581/000119312524067953/d783200d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-067953
- JSON: https://secwatch.observer/filing/0001193125-24-067953.json
- Plain text: https://secwatch.observer/filing/0001193125-24-067953.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.