Rivian Settles Shareholder Lawsuit for $250 Million, Denies Allegations

Rivian settles shareholder lawsuit for $250 million, denies allegations

Investors sued Rivian claiming it knew prices had to rise after its IPO.

Rivian will pay $250M to settle lawsuit over R1 price hike

The three-year-old lawsuit centered on Rivian's sudden decision to increase prices on the R1 lineup in 2022, which sank the stock price.

Rivian Will Pay $250M to Settle Legal Suit Over Price Hikes

Rivian Automotive agreed to pay $250 million to settle an investor lawsuit, against the electric vehicle maker, saying it’s eager to put the legal wrangling behind it.

Rivian to Pay $250 Million to Settle Legal Suit Over Price Hikes

Rivian Automotive Inc. agreed to pay $250 million to settle an investor lawsuit, against the electric vehicle maker, saying it’s eager to put the legal wrangling behind it.

Rivian Reaches $250 Million Settlement in Shareholder Suit Over IPO Pricing Claims

Rivian agrees to a $250M settlement over alleged IPO price misrepresentation as it focuses on launching the R2 SUV.