Lordstown Motors to pay $25M in SEC settlement over misleading investor claimsJude Karabuson March 1, 2024 at 17:44 The Register
Feds allege EV maker talked up pre-orders for trucks it didn’t have parts for
Bankrupt electric truck maker Lordstown Motors Corp will have to pay out $25 million to shareholders, settling SEC claims it misled investors and broke anti-fraud and reporting rules in US federal securities laws.…