M&M Residual and Trevor R. Milton Announce Concerns Related to Potential Fraud and Misconduct at Nikola Overseen by Steve Girsky, Britton Worthen and the Board of Directors
Nikola Corporation (NKLA)
Company Research
Source: Business Wire
M&M Residual Withdraws its Nomination of Directors Amid Recently Uncovered Potential MisconductM&M Residual and Mr. Milton Reserve All Rights, Including Pursuing Potential Legal Action Against the Officers and Directors of Nikola PHOENIX--(BUSINESS WIRE)--M&M Residual, LLC (“M&M Residual”) and Trevor R. Milton (collectively “we” or “us”) today announced that M&M Residual has withdrawn its previously delivered nomination of five candidates (the “Nomination”) for election to the Board of Directors (the “Board”) of Nikola Corporation (Nasdaq: NKLA) (“Nikola” or the “Company”) at its upcoming 2024 Annual Meeting of Stockholders (the “Annual Meeting”). M&M Residual delivered the Nomination because it believed it was critical to bring much-needed change to the Company through a reconstitution of the Board. We continue to believe that Nikola’s employees are incredible and deserve honest, capable and visionary leadership. We felt that the Nomination was the best chance to give the Company
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- Here is What to Know Beyond Why Nikola Corporation (NKLA) is a Trending Stock [Yahoo! Finance]Yahoo! Finance
- M&M Residual and Trevor R. Milton Announce Concerns Related to Potential Fraud and Misconduct at Nikola Overseen by Steve Girsky, Britton Worthen and the Board of Directors [Yahoo! Finance]Yahoo! Finance
- Nikola (NKLA) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
- Nikola Co. (NASDAQ: NKLA) is now covered by analysts at Wolfe Research. They set a "peer perform" rating on the stock.MarketBeat
NKLA
Earnings
- 2/22/24 - Beat
NKLA
Sec Filings
- 4/26/24 - Form 4
- 4/24/24 - Form ARS
- 4/24/24 - Form DEF
- NKLA's page on the SEC website