EV Maker Rivian Can't Ditch Investor Fraud Suit Over IPO

By Linda Chiem ( July 5, 2023, 8:51 PM EDT) -- A California federal judge says Rivian Automotive Inc. must face a securities fraud suit alleging it underpriced its electric vehicles and knowingly misled investors ahead of its blockbuster 2021 initial public offering about the company's profitability....

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