
Volkswagen Engineers Charged for Insider Trading on Rivian JV
The US Department of Justice charged two Volkswagen engineers with securities fraud involving confidential information about a major joint venture with electric vehicle startup Rivian. The indictment alleges that the duo made over $300,000 by trading on non-public details ahead of the public announcement, which saw Rivian's stock rise 23%. This case highlights the risks and legal scrutiny around insider trading in high-tech collaborations. Engineers involved face up to 25 years in prison if convicted.










