Nikola reserves $125 mln to fund potential settlement with SEC - NewsBreak
By Martin in Business
Updated 2 years ago
Nov 4 (Reuters) - Nikola Corp (NKLA.O) said on Thursday it had reserved $125 million to fund a potential settlement with the U.S. Securities and Exchange Commission, related to the regulator's charge against the electric truck maker's founder for misleading investors. The SEC said in July it had charged Trevor...