Lordstown Motors charged with misleading investors about the sales potential of its EV pickup

01:21 01.03.2024
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 towards settling a number of pending class action lawsuits against the company. “We allege […] © 2024 TechCrunch. All rights reserved. For personal use only....
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