Nikola Founder Trevor Milton Sentenced to Four Years
Nikola Corp. founder Trevor Milton was ordered to spend four years behind bars for lying to shareholders about the electric truck maker’s progress.
US Argues Trevor Milton Needs Long Prison Term as Deterrent
Nikola Corp. founder Trevor Milton should serve about a decade in prison for misleading investors about the future of the electric truck maker, U.S. prosecutors said.
Nikola Founder Milton Seeks New Trial, Lodges Jury Complaints
Nikola Corp. founder Trevor Milton asked for a new trial on charges he misled investors about the electric truck maker’s prospects, arguing the jury convicted him due to bad instructions from the judge and because one juror lied to get on the panel.
Nikola Founder Trevor Milton Won’t Testify in Fraud Trial
Nikola Corp. founder Trevor Milton said he wouldn’t take the witness stand in his criminal fraud trial, as the defense prepares to rest its case.
Nikola Wins Rulings Over Trevor Milton on Brink of Criminal Trial
Nikola Corp. won a court order preventing founder Trevor Milton from using certain company communications in his defense against criminal charges that he lied about the company’s products to mislead investors and prop up the stock.
Trevor Milton Indicted on New Fraud Charge
Nikola Corp. founder Trevor Milton, who is scheduled to go on trial next month on charges he misled investors about the company’s business prospects, was indicted for allegedly defrauding the previous owner of his Utah ranch, which Milton used as collateral for his bail.
GrubHub, Uber Fail to Get Price-Fixing Suit Dismissed
GrubHub Inc., Postmates Inc. and Uber Technologies Inc. must face a lawsuit alleging their delivery fees result in higher prices even for New York diners not using those apps.
Milton Wants to Inspect Nikola Vehicles Feds Say He Lied About
Nikola Corp. founder Trevor Milton claims federal prosecutors refused access to the company’s vehicles and equipment he says are crucial to his defense against fraud charges.