EV Maker Nikola Hid Battery Woes From Investors, Suit Says
By Katryna Perera ( October 16, 2023, 9:40 PM EDT) -- Hydrogen-electric vehicles manufacturer Nikola Corporation and its top brass have been hit with a securities class action alleging they failed to disclose the company was maintaining deficient safety and structural controls for its battery manufacturing that made its vehicles unsafe to operate, resulting in stock price drops when the problem was eventually revealed....
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