Rivian's Cert. Oppo Not How 'Real World Works,' Judge Says

By Craig Clough (May 10, 2024, 11:08 PM EDT) -- A California federal judge told Rivian's attorney Friday that his arguments opposing class certification for investors alleging the carmaker misled them on material costs appeared to say that unless a company practically admits fraud in a disclosure it's not a "corrective" disclosure, but "that is not how the real world works."...

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