Rivian agrees to pay $250 million to settle IPO fraud lawsuit

Rivian agrees to pay $250 million to settle IPO fraud lawsuit

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  • Rivian agrees to pay $250 million to settle IPO fraud lawsuit</p>

<p>ReutersOctober 24, 2025 at 12:07 AM</p>

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<p>A Rivian Automotive Inc facility is pictured in Costa Mesa, California, U.S.,November 1, 2023. REUTERS/Mike Blake</p>

<p>SAN FRANCISCO (Reuters) -Rivian has agreed to settle a 2022 class-action lawsuit for $250 million with certain shareholders who had alleged that the electric vehicle maker defrauded investors over vehicle prices when it went public, according to a court filing on Thursday.</p>

<p>(Reporting by Abhirup Roy in San Francisco and Mike Scarcella in Washington, D.C.; Editing by Leslie Adler)</p>

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