$47.5M Settlement Between Battery Maker, Shareholders Granted Final Approval

( January 30, 2025, 8:39 AM EST) -- SAN FRANCISCO — A $47.5 million settlement was granted final approval by a federal judge in California, concluding a case brought by shareholders against the developer of a “solid-state” electronic vehicle battery alleging that the developer violated federal securities laws by misrepresenting the progress and effectiveness of their batteries....