Rivian settles a class-action lawsuit by paying $250 million to shareholders who alleged the electric vehicle maker misled investors on vehicle prices during its IPO. The company denies wrongdoing but aims to focus on launching its mass-market R2 vehicle in the first half of 2026, following the expiration of a key EV tax credit.

Read more at Yahoo Finance: Rivian agrees to pay $250 million to settle IPO fraud lawsuit