WASHINGTON—Nikola Corp. has agreed to pay $125 million to settle civil charges that it defrauded investors by misleading them about its products, technical advancements, and commercial prospects, the U.S. securities regulator said on Tuesday. The Securities and Exchange Commission (SEC) accused the electric vehicle maker of violating securities laws with numerous misleading statements made from…
Nikola Corp. Agrees to Pay $125 Million to Settle SEC Charges of Defrauding Investors
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