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SEC Moves to Dismiss Case Against Former Nikola CEO Milton

6 hours ago
https://www.bloomberg.com/news/articles/2025-09-11/sec-moves-to-dismiss-case-against-former-nikola-ceo-milton
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  • #SEC
  • #Trevor Milton
  • #Nikola
  • SEC moves to dismiss case against former Nikola CEO Trevor Milton.
  • SEC alleged in 2021 that Milton misled investors about Nikola's capabilities.
  • Nikola was portrayed as a trail-blazing company but was actually in early stages with unproven products.
  • A video showed a prototype appearing to move on its own, but it was just rolling down a hill.
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