Trevor Milton to reimburse Nikola $165M per arbitration proceeding

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Trevor Milton to reimburse Nikola $165M per arbitration proceeding

Electric and hydrogen-powered heavy truck maker Nikola was awarded $165 million from its founder and former executive chairman, Trevor Milton, in an arbitration proceeding. Nikola said in a filing with the Securities and Exchange Commission that an arbitration panel in New York awarded the funds to Nikola on October 20. The company had sought reimbursement […]

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Electric and hydrogen-powered heavy truck maker Nikola was awarded $165 million from its founder and former executive chairman, Trevor Milton, in an arbitration proceeding. Nikola said in a filing with the Securities and Exchange Commission that an arbitration panel in New York awarded the funds to Nikola on October 20. The company had sought reimbursement […]

© 2023 TechCrunch. All rights reserved. For personal use only.

Rebecca Bellanhttps://techcrunch.com/feed/TechCrunchhttps://techcrunch.com/2023/10/24/trevor-milton-to-reimburse-nikola-165m-per-arbitration-proceeding/

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