Log in

SEC finds electric truck co. violated antifraud law

From Times Sources
Posted 3/6/24

WASHINGTON — The Securities and Exchange Commission has charged Lordstown Motors Corp. with misleading investors about the sales prospects of Lordstown’s flagship electric pickup truck, the Endurance. Lordstown, which filed for bankruptcy in 2023, went public by merging with a special purpose acquisition company (SPAC) in 2020.

This item is available in full to subscribers.

Please log in to continue

Log in


X
X