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Justice Division Probes Electrical-Truck Startup Nikola Over Claims It Misled Traders – The Wall Avenue Journal

Justice Division Probes Electrical-Truck Startup Nikola Over Claims It Misled Traders – The Wall Avenue Journal

The Justice Division has joined U.S. securities regulators in analyzing allegations that electric-truck startup Nikola Corp. misled traders by making exaggerated claims about its expertise, in line with individuals accustomed to the matter.

The Justice Division’s inquiry is being dealt with by the Manhattan U.S. lawyer’s workplace, working in live performance with the Securities and Trade Fee, which has initiated its personal examination of the claims about Nikola, the individuals stated.

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Written by MyCountryUSA

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