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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, […]

Nikola Motor Corp Archives - The Truth About Cars

Nikola Motor Corp Archives - The Truth About Cars
thetruthaboutcars.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetruthaboutcars.com Daily Mail and Mail on Sunday newspapers.

Tre Archives - The Truth About Cars

Tre Archives - The Truth About Cars
thetruthaboutcars.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetruthaboutcars.com Daily Mail and Mail on Sunday newspapers.

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Lucid Motors Under SEC Investigation Over SPAC Merger And More

On December 3rd Lucid received requests from the SEC for information and documents relating to the company's SPAC merger with Churchill Capital Corp. IV as well as claims about the number of preorders received.

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