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CFOs On the Move: Week Ending July 1
McDonald’s, Dollar Tree, GoFundMe, Stride, Otis, Intrusion, Monogram Health, Mass Luminosity
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Lauren Muskett
| July 1, 2022
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Nikola
Risk & Compliance
Nikola Fined $125M for Investor Fraud
The SEC says the electric vehicle maker misled investors about key aspects of its business, including its technology and a partnership with General Motors.
By
Matthew Heller
| December 21, 2021
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Technology
Nikola Wins Research Grant From DOE
The announcement of the grant comes two weeks after Nikola founder Trevor Milton was charged with lying to investors.
By
Matthew Heller
| August 13, 2021
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Risk & Compliance
Nikola Founder Charged With Fraud
The SEC said Trevor Milton repeatedly provided false and misleading information to investors, often communicated to them through social media.
By
Lauren Muskett
| July 29, 2021
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Risk & Compliance
Feds Subpoena Nikola as Part of Fraud Probe
The electric vehicle maker has been under scrutiny since a short-seller accused it of misleading investors about its technology.
By
Matthew Heller
| November 11, 2020
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M&A
GM Takes 11% Stake in EV Truck Maker Nikola
The deal will enable GM to deploy its Ultium electric battery system and Hydrotec fuel cells in pickups and big rigs.
By
Matthew Heller
| September 8, 2020
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IPOs
Nikola Skyrockets After IPO
The EV truck manufacturer’s stock skyrocketed 103% on Monday.
By
Lauren Muskett
| June 10, 2020
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