SEC officially announces $125M settlement with Nikola over Milton fraud case

The SEC has officially announced the $125 million fine given to Nikola Motor following the agency’s fraud accusations against the company’s founder, Trevor Milton. “The Securities and Exchange Commission today announced that Nikola Corporation, a publicly-traded company created through a special purpose acquisition company transaction, has agreed to pay $125 million to settle charges that … Continue reading SEC officially announces $125M settlement with Nikola over Milton fraud case