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Hyzon agrees on $25m penalty to resolve SEC investigation

Summary by Ground News

Hyzon Motors has announced a final resolution of its US Securities and Exchange (SEC) investigation. The resolving of its SEC investigation is subject to court approval. Hyzon has agreed to pay a civil monetary penalty of $25m in three instalments. Former CEO, Craig Knight, and former Chief Financial Officer, Mark Gordon, have agreed to return $250,000 and $122,500 respectively.

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Hyzon agrees on $25m penalty to resolve SEC investigation

Hydrogen-powered vehicle manufacturer Hyzon Motors has announced a final resolution of its US Securities and Exchange (SEC) investigation.

2 years ago

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Hydrogen View broke the news in 2 years ago on Thursday, September 28, 2023.

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