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Third class action suit filed against Lordstown Motors | News, Sports, Jobs


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LORDSTOWN Lordstown Motors Corp. faces another class action investor lawsuit, this one like the previous two alleging the company misled investors regarding preorders for its battery-powered truck, the Endurance.
The latest lawsuit by investor Sulayman Zuod also names company founder / CEO, Steve Burns; Rich Schmidt, president; Julio Rodriguez, chief financial officer; and Michael Fabian, director of stamping operations.
It also claims they were part of a scheme to deceive the stock market and through their conduct, caused the price of Lordstown Motors stock to be artificially inflated, allowing several top executives, including Schmidt and Rodriguez, to make a tremendous amount of money when they sold off their personal shares. ....

New York , United States , David Hamamoto , Sulayman Zuod , Julio Rodriguez , Steve Burns , Michael Fabian , Exchange Commission , York Hindenburg Research , Lordstown Motors Corp , Diamondpeak Holdings Corp , Diamondpeak Holdings , Lordstown Motors , Erich Schmidt , New York Based Diamondpeak , New York City Based Hindenburg , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஜூலியோ ரோட்ரிக்ஸ் , ஸ்டீவ் தீக்காயங்கள் , மைக்கேல் ஃபேபியன் , பரிமாற்றம் தரகு , யார்க் ஹிண்டன்பர்க் ஆராய்ச்சி , லார்ட்ஸ்டவுன் மோட்டார்கள் கார்ப் , டயமண்ட்பீக் ஹோல்டிங்ஸ் கார்ப் , டயமண்ட்பீக் ஹோல்டிங்ஸ் ,

Lordstown Motors faces 3rd lawsuit | News, Sports, Jobs


[email protected]
LORDSTOWN Lordstown Motors Corp. faces another class-action investor lawsuit, this one like the previous two alleging the company misled investors regarding preorders for its battery-powered truck, the Endurance.
The latest lawsuit by investor Sulayman Zuod also names company founder / CEO, Steve Burns; Rich Schmidt, president; Julio Rodriguez, chief financial officer; and Michael Fabian, director of stamping operations.
It also claims they were part of a scheme to deceive the stock market and through their conduct, caused the price of Lordstown Motors stock to be artificially inflated, allowing several top executives, including Schmidt and Rodriguez, to make a tremendous amount of money when they sold off their personal shares. ....

New York , United States , David Hamamoto , Sulayman Zuod , Julio Rodriguez , Steve Burns , Michael Fabian , Exchange Commission , York Hindenburg Research , Lordstown Motors Corp , Diamondpeak Holdings Corp , Diamondpeak Holdings , Lordstown Motors , Erich Schmidt , New York Based Diamondpeak , New York City Based Hindenburg , Local News , Lordstown Motors Faces 3rd Lawsuit , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , ஜூலியோ ரோட்ரிக்ஸ் , ஸ்டீவ் தீக்காயங்கள் , மைக்கேல் ஃபேபியன் , பரிமாற்றம் தரகு , யார்க் ஹிண்டன்பர்க் ஆராய்ச்சி , லார்ட்ஸ்டவுன் மோட்டார்கள் கார்ப் ,