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Volkswagen Engineers Charged With Insider Trading Tied to Rivian Joint Venture
Federal prosecutors have charged Volkswagen engineers with insider trading, alleging they used confidential information about the planned joint venture with Rivian to buy Rivian stock before the deal became public. The indictment, unsealed on Friday, lays out how the engineers allegedly accessed non-public details of the partnership. The case is being investigated by securities regulators.
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