Nikola to Pay $125 Million to Settle Fraud Charges, Founder in Dutch

Nikola Corp. has agreed to pay $125 million to settle charges levied by The Securities and Exchange Commission (SEC) that the company actively defrauded investors by providing misleading information about its technical prowess, production capabilities, and general prospects. The settlement comes after a salvo of civil and criminal charges were launched against Nikola’s founder Trevor Milton, […]

The post Nikola to Pay $125 Million to Settle Fraud Charges, Founder in Dutch appeared first on The Truth About Cars.



via Autobuzz Today

Comments