Bankrupt EV startup Lordstown Motors could be on the hook for $45 million for violating federal securities laws. The Securities and Exchange Commission filed a claim for that amount in Lordstown Motors’ Chapter 11 bankruptcy proceedings last week, though the startup says it is still engaged in settlement talks with the agency. If the SEC […]
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source https://techcrunch.com/2024/01/10/lordstown-motors-sec-penalty-settlement-bankruptcy/
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