EV-Maker Rivian Will Pay $250M To End Investors' Fraud Suit
By Lauren Berg ( October 23, 2025, 11:27 PM EDT) -- Rivian Automotive Inc. investors asked a California federal judge Thursday to greenlight a $250 million settlement resolving their claims that the company underpriced its electric vehicles and misrepresented its profitability ahead of a blockbuster 2021 initial public offering, just one day before a summary judgment hearing....
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