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Nikola Corporation v. EMBR Motors Incorporated et al
Case Number:
2:24-cv-00690
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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May 03, 2024
Nikola Ends Board Takeover Suit As Ex-CEO's Noms Withdraw
An Arizona federal judge on Thursday agreed to toss Nikola Corp.'s complaint against its former CEO and convicted felon Trevor Milton and several others accusing them of an illegal board takeover by pushing unqualified candidates, after the defendants withdrew their board nominees and the parties amicably resolved the dispute.
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March 29, 2024
Nikola Says Convicted Ex-CEO Plotting Illegal Board Takeover
Electric truck manufacturer Nikola Corp. sued its former CEO and convicted felon Trevor Milton in Arizona federal court Friday, accusing him of scheming with unqualified loyalists to regain control of the company by flouting securities laws, infringing Nikola's trademarks and breaching agreements.