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Post-SPAC Nikola Settles SEC Inquiry, Agrees to Pay $125 Million

By Corey I. Rogoff on January 5, 2022

Nikola Corporation stormed onto the electric vehicle scene in 2016 offering concepts for zero-emission vehicles. While the SEC does not set emission standards, they have long had standards for omissions – and Nikola is being left with a nine-figure bill.

Posted in SEC Enforcement, Securities Law, Securities Litigation, SPAC
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