RIVN Stock Alert: Rivian Gets Hit with New Class-Action Lawsuit
Electric vehicle manufacturer Rivian (NASDAQ:RIVN) enjoyed a much-needed positive session on Tuesday, with shares swinging up almost 3.5% in late afternoon trading. Nevertheless, a legal overhang clouds the recovery narrative for RIVN stock, which has been battered this year. In particular, anxieties over high borrowing costs threaten to derail any contrarian optimism.According to information provided by Stanford Law School, a class-action lawsuit alleges that Rivian made materially false and misleading sta ...