The Securities and Exchange Commission has charged bankrupt Lordstown Motors with misleading investors about the sales prospects of its Endurance electric pickup truck. Lordstown has agreed to pay $25.5 million as a result — money that the SEC says will go toward settling a number of pending class action lawsuits against the company. “We allege […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Source : Lordstown Motors charged with misleading investors about the sales potential of its EV pickup
