Trevor Milton

Statement from a Spokesperson for Trevor Milton’s Legal Team of Lead Counsel Brad Bondi, and Co-Trial Counsel Marc Mukasey and Terence Healy

Retrieved on: 
Thursday, July 29, 2021
Legal, Professional services, Trevor Milton, Milton, Legal, Professional services, Trevor Milton, Milton

A spokesperson for Trevor Miltons legal team today issued the following statement:

Key Points: 
  • A spokesperson for Trevor Miltons legal team today issued the following statement:
    Trevor Milton is innocent; this is a new low in the governments efforts to criminalize lawful business conduct.
  • Trevor Milton is an entrepreneur who had a long-term vision of helping the environment by cutting carbon emissions in the trucking industry.
  • Mr. Milton has been wrongfully accused following a faulty and incomplete investigation in which the government ignored critical evidence and failed to interview important witnesses.
  • Justice was not served by the governments action today, but it will be when Mr. Milton is exonerated.

NIKOLA INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Nikola Corporation - NKLA, NKLAW

Retrieved on: 
Saturday, March 27, 2021
Legal, Professional services, Charles Foti, Foti, Fiduciary, Trevor Milton, New Orleans, LOUISIANA

Subsequently, it was reported that the Company was the subject of probes by both the U.S. Securities and Exchange Commission and the Justice Department.

Key Points: 
  • Subsequently, it was reported that the Company was the subject of probes by both the U.S. Securities and Exchange Commission and the Justice Department.
  • Then, on September 21, 2020, the Company announced the sudden resignation of Founder and Executive Chairman, Trevor Milton.
  • KSFs investigation is focusing on whether Nikolas officers and/or directors breached their fiduciary duties to Nikolas shareholders or otherwise violated state or federal laws.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.

NIKOLA 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against Nikola Corporation- NKLA, NKLAW

Retrieved on: 
Saturday, November 14, 2020
Legal, Professional services, Charles Foti, Foti, Trevor Milton, New Orleans, LOUISIANA

These actions are pending in the United States District Courts for the District of Arizona, Eastern District of New York and Central District of California.

Key Points: 
  • These actions are pending in the United States District Courts for the District of Arizona, Eastern District of New York and Central District of California.
  • Nikola and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
  • Then, on September 21, 2020, the Company announced the sudden resignation of Founder and Executive Chairman, Trevor Milton.
  • About Kahn Swick & Foti, LLC
    KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nations premier boutique securities litigation law firms.

UPDATE: NKLA SUBPOENAED BY SEC, DOJ: Glancy Prongay & Murray Reminds Investors of Lead Plaintiff Deadline in the Securities Fraud Class Action Lawsuit Against Nikola Corporation

Retrieved on: 
Tuesday, November 10, 2020
Legal, Professional services, Corporate finance, Nikola Corporation, Trevor Milton, Class action, LZ 129 Hindenburg, Hindenburg

Glancy Prongay & Murray LLP (GPM) reminds investors of the upcoming November 16, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Nikola Corporation (Nikola or the Company) (NASDAQ: NKLA ) securities between March 3, 2020 and October 15, 2020, inclusive (the Class Period).

Key Points: 
  • Glancy Prongay & Murray LLP (GPM) reminds investors of the upcoming November 16, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Nikola Corporation (Nikola or the Company) (NASDAQ: NKLA ) securities between March 3, 2020 and October 15, 2020, inclusive (the Class Period).
  • Therein, Hindenburg alleged that the Companys founder, Trevor Milton (Milton), had misled partners into signing agreements by falsely claiming to have extensive proprietary technology.
  • On September 14, 2020, after the market closed, Bloomberg reported that the SEC was examining Nikola over the Hindenburg reports allegations.
  • If you purchased or otherwise acquired Nikola securities during the Class Period, you may move the Court no later than November 16, 2020 to request appointment as lead plaintiff in this putative class action lawsuit.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Nikola Corporation (NKLA)

Retrieved on: 
Monday, November 9, 2020
Legal, Professional services, Nikola Corporation, Trevor Milton, Class action, Hindenburg, Economy of the United States, Companies

The Law Offices of Frank R. Cruz reminds investors of the upcoming November 16, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Nikola Corporation (Nikola or the Company) (NASDAQ: NKLA ) securities between March 3, 2020 and September 20, 2020, inclusive (the Class Period).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming November 16, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Nikola Corporation (Nikola or the Company) (NASDAQ: NKLA ) securities between March 3, 2020 and September 20, 2020, inclusive (the Class Period).
  • Therein, Hindenburg alleged that the Companys founder, Trevor Milton (Milton), had misled partners into signing agreements by falsely claiming to have extensive proprietary technology.
  • On September 14, 2020, after the market closed, Bloomberg reported that the SEC was examining Nikola over the Hindenburg reports allegations.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Nikola Corporation (NKLA)

Retrieved on: 
Monday, October 5, 2020
Nikola Corporation, Trevor Milton, Hindenburg, Class action, Economy of the United States, Companies

LOS ANGELES, Oct. 5, 2020 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcomingNovember 16, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Nikola Corporation ("Nikola" or "the Company") (NASDAQ: NKLA) securities between March 3, 2020 and September 20, 2020, inclusive (the "Class Period").

Key Points: 
  • LOS ANGELES, Oct. 5, 2020 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") reminds investors of the upcomingNovember 16, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Nikola Corporation ("Nikola" or "the Company") (NASDAQ: NKLA) securities between March 3, 2020 and September 20, 2020, inclusive (the "Class Period").
  • Therein, Hindenburg alleged that the Company's founder, Trevor Milton ("Milton"), had misled partners into signing agreements by falsely claiming to have extensive proprietary technology.
  • On September 14, 2020, after the market closed, Bloomberg reported that the SEC was "examining" Nikola over the Hindenburg report's allegations.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

DEADLINE REMINDER: Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Nikola Corporation (NKLA)

Retrieved on: 
Thursday, September 24, 2020
Legal, Professional services, Nikola Corporation, Trevor Milton, Class action, Hindenburg, Economy of the United States, Companies

Law Offices of Howard G. Smith reminds investors of the upcoming November 16, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Nikola Corporation (Nikola or the Company) (NASDAQ: NKLA ) securities between March 3, 2020 and September 20, 2020, inclusive (the Class Period).

Key Points: 
  • Law Offices of Howard G. Smith reminds investors of the upcoming November 16, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired Nikola Corporation (Nikola or the Company) (NASDAQ: NKLA ) securities between March 3, 2020 and September 20, 2020, inclusive (the Class Period).
  • Therein, Hindenburg alleged that the Companys founder, Trevor Milton (Milton), had misled partners into signing agreements by falsely claiming to have extensive proprietary technology.
  • On September 14, 2020, after the market closed, Bloomberg reported that the SEC was examining Nikola over the Hindenburg reports allegations.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

Shareholder Alert: Robbins LLP Reminds Investors of Class Action Filed Against Nikola Corporation (NKLA)

Retrieved on: 
Wednesday, September 23, 2020
Legal, Professional services, Corporate finance, Nikola Corporation, Trevor Milton, Securities Exchange Act, U.S. Securities and Exchange Commission

Shareholder rights law firm Robbins LLP reminds investors that a purchaser of Nikola Corporation (NASDAQ: NKLA) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between June 4, 2020 and September 9, 2020.

Key Points: 
  • Shareholder rights law firm Robbins LLP reminds investors that a purchaser of Nikola Corporation (NASDAQ: NKLA) filed a class action complaint against the Company for alleged violations of the Securities Exchange Act of 1934 between June 4, 2020 and September 9, 2020.
  • Nikola operates as an integrated zero emissions transportation systems provider.
  • According to the complaint, during the class period, Trevor Milton, chairman and founder, repeatedly falsely touted the strength of Nikola's financial, technological, and operational profile.
  • Shortly thereafter, the Securities Exchange Commission and Department of Justice announced investigations against Nikola.

Nikola Board of Directors Announces Leadership Transition

Retrieved on: 
Monday, September 21, 2020
Articles, Nikola Corporation, Business, Trevor Milton, Board of directors, Corporations

PHOENIX, Sept. 20, 2020 /PRNewswire/ -- Nikola Corporation (NASDAQ: NKLA) today announced that Trevor Milton approached the Board of Directors and proposed to voluntarily step aside as Executive Chairman and from the Board.

Key Points: 
  • PHOENIX, Sept. 20, 2020 /PRNewswire/ -- Nikola Corporation (NASDAQ: NKLA) today announced that Trevor Milton approached the Board of Directors and proposed to voluntarily step aside as Executive Chairman and from the Board.
  • The Board accepted his proposal, and Stephen Girsky, former Vice Chairman of General Motors Co. and a member of Nikola's Board, has been appointed Chairman of the Board, effective immediately.
  • Girsky said, "On behalf of the Board, I want to thank Trevor for his visionary leadership and significant contributions to Nikola since its founding.
  • Girsky also served on General Motors' board of directors following its emergence from bankruptcy in June 2009 until June 2016.

The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Nikola Corporation (NKLA) Investors

Retrieved on: 
Thursday, September 17, 2020
Legal, Professional services, Films, Cinema of the United States, Creative works, Bloomberg L.P., Hindenburg, Trevor Milton

Nikola investors have until November 16, 2020 to file a lead plaintiff motion.

Key Points: 
  • Nikola investors have until November 16, 2020 to file a lead plaintiff motion.
  • On September 10, 2020, Hindenburg Research published a report entitled Nikola: How to Parlay an Ocean of Lies into a Partnership with the Largest Auto OEM in America.
  • Therein, Hindenburg alleged that the Companys founder, Trevor Milton, had misled partners into signing agreements by falsely claiming to have extensive proprietary technology.
  • On September 14, 2020, after the market closed, Bloomberg reported that the SEC was examining Nikola over the Hindenburg reports allegations.