The SEC is probing Nikola Motors over short-seller’s claims the company misled investors and is an ‘intricate fraud’ (NKLA)

The SEC is probing Nikola Motors over short-seller’s claims the company misled investors and is an ‘intricate fraud’ (NKLA)

September 14, 2020 Darnetta Mahaffy 0

Summary List Placement Nikola Motors is facing a probe from the US Securities and Exchange Commission over a short-seller’s claims it misled investors about its business prospects, Reuters reported Monday and the company confirmed to Business Insider. Last week, the short-selling investment firm Hindenburg Research accused the electric truck startup and its CEO, Trevor Milton,…