Trevor Milton, who founded the truck company Nikola, was sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business. By Jack Ewing The company bought a shuttered ...
LORDSTOWN — A new company has emerged from the bankruptcy of failed electric-vehicle manufacturer Lordstown Motors Corp. Shares of Nu Ride Inc., the former Lordstown Motors, continue to trade on the ...
LORDSTOWN — LAS Capital Inc., the company formed by the founder and former CEO of Lordstown Motors Corp., has acquired certain assets of the bankrupt electric-vehicle company, according to a ...
The U.S. Securities and Exchange Commission wants the bankrupt Lordstown Motors Corp. to pay $45 million - an amount the government said represents "monetary remedies for violations of federal ...
AP In this Nov. 28, 2018, photo, snow covers the perimeter of the former General Motors Lordstown plant in Lordstown. GM has agreed to allow Lordstown Motors Corp. to borrow up to $40M as the ...
Lordstown Motors Corp. on Tuesday got the green light from a Delaware bankruptcy court judge to begin soliciting votes for its plan of bankruptcy reorganization ...
CLEVELAND, Ohio — The former CEO of Lordstown Motors Corp. has bought the company’s assets for $10 million, according to documents filed with the U.S. Securities and Exchange Commission. Steve Burns, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The new directors of the former ...
(BLOOMBERG) -- Bankrupt electric vehicle manufacturer Lordstown Motors Corp. agreed to pay $25.5 million to settle U.S. Securities and Exchange Commission allegations that the firm exaggerated the ...
Nov 16 (Reuters) - Startup Lordstown Motors Corp (RIDE.O), opens new tab said on Monday it remained "on track" to begin building electric pickup trucks next September at a former General Motors Co (GM ...
SAN FRANCISCO/DETORIT, March 25 (Reuters) - The U.S. Securities and Exchange Commission has asked Lordstown Motors Corp (RIDE.O), opens new tab for information related to its merger with blank-check ...