Justice Division Probes Electrical-Truck Startup Nikola Over Claims It Misled Traders

Justice Division Probes Electrical-Truck Startup Nikola Over Claims It Misled Traders

The Justice Division has joined U.S. securities regulators in analyzing allegations that electrical-truck startup Nikola Corp. misled consumers by making exaggerated claims about its know-how, consistent with other people conversant within the topic.

The Justice Division’s inquiry is being handled by the Latest york U.S. lawyer’s area of job, working in keep efficiency with the Securities and Alternate Fee, which has initiated its have examination of the claims about Nikola, the opposite of us acknowledged.

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