Rivian Automotive(US:RIVN) 智通财经网·2025-10-24 11:00Core Viewpoint - Rivian has agreed to pay $250 million to settle an investor lawsuit while denying any wrongdoing, aiming to resolve the legal dispute without admitting fault [1] Group 1: Legal Settlement - The lawsuit was filed in 2022, accusing Rivian of failing to disclose critical information regarding plans to raise the price of its first mass-produced vehicle prior to its IPO, misleading investors who purchased Class A common stock in November 2021 [1] - The proposed settlement, which requires court approval, will be funded through $67 million from directors and officers liability insurance and $183 million from the company's own cash [1] - Rivian maintains that the settlement does not imply any admission of guilt or wrongdoing [1] Group 2: Workforce Reduction - On the same day as the settlement announcement, Rivian announced a 4.5% reduction in its workforce, marking the second round of layoffs since September of the previous year [1] Group 3: Stock Performance - Following the news, Rivian's stock price increased by 1.3%, closing at $13.09, significantly lower than its post-IPO peak of $172 [1] Group 4: Future Plans - Rivian stated that reaching a settlement will allow the company to focus its resources on the upcoming R2 model, which is scheduled for launch in the first half of 2026 [1]