Renewed: Nikola and Trevor Milton's soap opera [Yahoo! Finance]
Nikola Corporation (NKLA)
Company Research
Source: Yahoo! Finance
Heigh- ho, heigh-ho, it's off to court we go When last we left the ongoing drama that is Nikola Corp. and its convicted founder, Trevor Milton, the fuel cell truck and hydrogen fuel distribution company had been unable to collect on a $167.7 million arbitration award in November. Milton moved in January to get the award overturned. Last month, Nikola sued Milton in the U.S. District Court for the District of Arizona, seeking a temporary restraining order (TRO) under the Arizona Uniform Fraudulent Transfer Act. It wanted to prevent Milton from selling or moving his company stock until he had paid up. Court rejects Nikola bid for restraining order The court in Phoenix declined the TRO, saying Nikola lacked evidence and probably couldn't prove its case. But it ordered Milton to answer questions about his sale of more than 37 million Nikola shares through his M&M Residual LLC from Feb. 22 through March 13. That reduced Milton's Nikola holdings to just under 13.3 million shares,
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News
- Is Most-Watched Stock Nikola Corporation (NKLA) Worth Betting on Now? [Yahoo! Finance]Yahoo! Finance
- 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
- 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 DirectorsBusiness Wire
- Nikola (NKLA) Stock Dips While Market Gains: Key Facts [Yahoo! Finance]Yahoo! Finance
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