Nikola discloses it got grand jury subpoenas in fraud allegations
#1
11-10-2020, 08:20 AM
Nikola discloses it got grand jury subpoenas in fraud allegations
Filed under: Government/Legal,Green,Truck,Commercial Vehicles,Electric
The company also received a grand jury subpoena from the New York County District Attorney's Office in the same month. The U.S. Securities and Exchange Commission also issued subpoenas to Nikola, its board and eight of its officers and employees in September, the company disclosed in the filing, which was prompted by the short-seller's scathing report earlier that month. The report had claimed that Milton, who has since resigned as chairman, had made false claims about the company's proprietarContinue reading Nikola discloses it got grand jury subpoenas in fraud allegations
Nikola discloses it got grand jury subpoenas in fraud allegations originally appeared on Autoblog on Tue, 10 Nov 2020 09:11:00 EST. Please see our terms for use of feeds.
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The company also received a grand jury subpoena from the New York County District Attorney's Office in the same month. The U.S. Securities and Exchange Commission also issued subpoenas to Nikola, its board and eight of its officers and employees in September, the company disclosed in the filing, which was prompted by the short-seller's scathing report earlier that month. The report had claimed that Milton, who has since resigned as chairman, had made false claims about the company's proprietarContinue reading Nikola discloses it got grand jury subpoenas in fraud allegationsNikola discloses it got grand jury subpoenas in fraud allegations originally appeared on Autoblog on Tue, 10 Nov 2020 09:11:00 EST. Please see our terms for use of feeds.
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