The SEC wants $45 million from bankrupt Lordstown Motors

Bankrupt EV startup Lordstown Motors could be on the hook for $45 million for violating federal securities laws. The Securities and Exchange Commission filed a claim for that amount in Lordstown Motors’ Chapter 11 bankruptcy proceedings last week, though the startup says it is still engaged in settlement talks with the agency. If the SEC […] © 2023 TechCrunch. All rights reserved. For personal use only....