Lordstown Intends To Sue Foxconn Over Investment Battle

By Jade Martinez-Pogue (June 9, 2023, 2:53 PM EDT) -- Electric-car maker Lordstown Motors said on Friday that it plans to take legal action against Foxconn Ventures Pte Ltd. if it does not pay the remaining $47.3 million that it promised Lordstown in exchange for a 10% stake in the company, as the businesses haggle over a reverse stock split....

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