Nikola Corporation stormed onto the electric vehicle scene in 2016 offering concepts for zero-emission vehicles. While the SEC does not set emission standards, they have long had standards for omissions – and Nikola is being...more
In April 2021, the SEC released several public statements that may have begun to cool a superheated SPAC market. FINRA soon followed suit, announcing in July 2021 a regulatory sweep aimed at SPACs. Now, for the first time, a...more
8/31/2021
/ Capital Raising ,
Criminal Investigations ,
Department of Justice (DOJ) ,
Electric Vehicles ,
Enforcement Actions ,
False Statements ,
Financial Industry Regulatory Authority (FINRA) ,
Fraudulent Inducement ,
General Motors ,
Indictments ,
Initial Public Offering (IPO) ,
Investment Opportunities ,
Securities and Exchange Commission (SEC) ,
Securities Fraud ,
Special Purpose Acquisition Companies (SPACs) ,
Subpoenas ,
Wire Fraud