21
Dec
17:09
Nikola settles with SEC for $125m, sues founder
US zero-emission vehicle producer Nikola has agreed to settle its ongoing fraud investigation with the US Securities and Exchange Commission for $125 million, Kallanish learns from a company statement.
The troubled company was accused of several deceptive practices - perhaps most infamously by filming a truck rolling downhill and claiming that it was moving under its own power.
Company ceo and founder Trevor Milton is currently embroiled in his own le…
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Anonymous
Very good overview of the weekly steel market.
Anonymous