Last September a report from activist short-seller Hindenburg Research alleged that statements made by Trevor Milton, the founder of the electric and fuel-cell truck upstart Nikola Motor Company, were misleading its investors. That report led to the resignation of Milton, who still owns about 20% of the company that remains worth roughly $1... Founder of fuel-cell startup Nikola charged with securities fraud: Here’s what’s alleged
Last September a report from activist short-seller Hindenburg Research alleged that statements made by Trevor Milton, the founder of the electric and fuel-cell truck upstart Nikola Motor Company, were misleading its investors. That report led to the resignation of Milton, who still owns about 20% of the company that remains worth roughly $1...