DoJ Joins SEC To Inquire Electric-Truck Maker Nikola Over Alleged Fraud

DoJ Joins SEC To Inquire Electric-Truck Maker Nikola Over Alleged Fraud

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Electric-truck startup Nikola Corp., a General Motors Co. partner, is being inquired by the U.S. Justice Department, along with the U.S. Securities and Exchange Commission, over fraud allegations, reports said citing people familiar with the matter. The company is accused of misleading investors by making exaggerated claims about the progress it made in developing key technology needed for new mod

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