Published 2 months ago

Bankrupt Lordstown Motors to pay $26M to settle SEC probe of exaggerated demand claims

Summary by Automotive News

SEC: "In a highly competitive race to deliver the first mass-produced electric pickup truck to the U.S. market, Lordstown oversold true demand for the Endurance."

0 Articles

All

Left

Center

Right

Automotive News

Bankrupt Lordstown Motors to pay $26M to settle SEC probe of exaggerated demand claims

SEC: "In a highly competitive race to deliver the first mass-produced electric pickup truck to the U.S. market, Lordstown oversold true demand for the Endurance."

2 months ago·United States

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.