Rivian agrees to pay $250 million to settle securities class action suit

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Rivian Voluntarily Settles Securities Class Action Litigation

October 23, 2025 7:01 PM EDT

IRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) has announced today it has agreed to resolve the previously disclosed 2022 securities class action litigation pending in the United States District Court for the Central District of California (Crews v. Rivian Automotive, Inc. et al., Case No. 2:22-cv-01524-JLS-E).

The company denies the allegations in the suit and maintains that this agreement to settle is not an admission of fault or... More