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Nikola founder Trevor Milton sentenced to four years in prison
Trevor Milton, the disgraced founder of Nikola, was just sentenced to four years in prison on three counts of fraud. He was found guilty in 2022.
Nikola founder Trevor Milton convicted on three charges of fraud
Trevor Milton, the founder and former executive chairman of Nikola, has been found guilty on three counts of fraud for misleading the electric vehicle company’s investors about its business and technology.
Nikola Motors drops its $2 billion lawsuit against Tesla
Nikola Corp. is reportedly dropping its $2 billion lawsuit against Tesla as company founder Trevor Milton faces a criminal indictment on fraud charges.
Nikola will pay $125 million to settle SEC fraud charges
Founder and former CEO Trevor Milton is still facing fraud charges.
Nikola founder Trevor Milton indicted on fraud charges
Milton allegedly lied about 'nearly all aspects' of the EV business.
Nikola founder resigns following SEC probe into electric truck business
Following a fraud accusation by a short firm and potential probe by the US Securities Exchange Commission (SEC), Nikola founder Trevor Milton is stepping down as executive chairman.
The SEC is reportedly looking into Nikola's electric truck promises
A short selling firm accused electric big rig startup Nikola of being an "intricate fraud" and now the SEC is reportedly investigating.