Nikola Investors' SPAC Fraud Suit Moves Ahead

By Leslie A. Pappas (April 9, 2024, 9:06 PM EDT) -- Board directors of electric truck maker Nikola Corp. and the blank-check company that took it public for $3.3 billion in 2020 must face shareholders' derivative claims of insider trading, securities fraud and merger-related breaches after Delaware's Court of Chancery on Tuesday denied more than half of the defense's motions to dismiss....

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