Ex-Lordstown CEO Settles SEC's 'Pre-Sale' Fraud Claims

By Emilie Ruscoe (March 25, 2024, 9:46 PM EDT) -- The former CEO of the electric pickup truck company once known as Lordstown Motors Corp. has agreed to pay $175,000 to settle the U.S. Securities and Exchange Commission's fraud claims over the alleged misrepresentation of its pre-sale demand for vehicles....

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