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chinchillx
2021-12-21

They shud refund investors.. sec fine them so? Where is the money going

Nikola shares rose nearly 3% in premarket trading

Nikola shares rose nearly 3% in premarket trading. Nikola Corp has agreed to pay $125 million to set

Nikola shares rose nearly 3% in premarket trading

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The agency has also told top auditors to change their accounting practices and launched a broad enforcement inquiry of Wall Street banks involved in the deals.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NKLA":"Nikola Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176344257","content_text":"Nikola shares rose nearly 3% in premarket trading.\nNikola Corp has agreed to pay $125 million to settle civil charges that it defrauded investors by misleading them about its products, technical advancements and commercial prospects, the U.S. securities regulator said on Tuesday.\nThe Securities and Exchange Commission (SEC) accused the electric vehicle manufacturer of violating U.S. securities laws with numerous misleading statements made from March to September 2020 about in-house production capabilities, reservation book and financial outlook.\nThe settlement follows civil and criminal charges filed in July against Nikola's founder Trevor Milton for using social media to repeatedly mislead investors about the company's technology and capabilities, reaping \"tens of millions of dollars\" as a result of his misconduct. 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Nikola shares rose nearly 3% in premarket trading

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