Block & Leviton LLP Announce Notice of Pendency of Stockholder Class Action and Proposed Settlement for All Holders of Graf Industrial Corp., Common Stock, whether Beneficial or of Record, as of the Effective Time of the Acquisition of Legacy Velodyne Lid

The $4.75 million settlement resolves stockholder claims related to Graf Industrial's acquisition of Legacy Velodyne Lidar, covering all common stockholders as of the merger date.