DOJ Probes EV Startup Nikola over Claims It Misled Investors

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The Justice Division has joined U.S. securities regulators in inspecting allegations that electric-truck startup Nikola Corp. misled investors by making exaggerated claims about its technology, in accordance with of us familiar with the matter.

The Justice Division’s inquiry is being handled by the Ny U.S. attorney’s snarl of labor, working in live performance with the Securities and Change Fee, which has initiated its possess examination of the claims about Nikola, the of us stated.

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