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Electric vehicle maker Rivian to settle securities lawsuit for $250 million

Agreement comes as company struggles with sales
Rivian operates this vehicle showroom in the Chelsea neighborhood of Manhattan in New York. (CoStar)
Rivian operates this vehicle showroom in the Chelsea neighborhood of Manhattan in New York. (CoStar)
CoStar News
October 27, 2025 | 7:02 P.M.

Electric vehicle maker Rivian agreed to pay $250 million to settle a lawsuit that accused the company of withholding information about its expenses when it held its initial public offering.

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News | Electric vehicle maker Rivian to settle securities lawsuit for $250 million