Nikola Ch. 11 Plan Ignores Trump Pardon, Founder Says

By Emily Lever ( August 21, 2025, 6:18 PM EDT) -- Trevor Milton, the founder and former CEO of electric-truck maker Nikola who was convicted of securities fraud, has asked the Delaware bankruptcy court not to allow the company to subordinate his $69 million claim, saying its Chapter 11 plan doesn't accurately account for the full presidential pardon he received earlier this year....

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