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Lordstown Motors’ ousted CEO settles with SEC for misleading investors

Lordstown Motors’ ousted CEO settles with SEC for misleading investors

TechCrunch Industry News · TechCrunch

March 26, 20244m 4s

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Show Notes

Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Exchange Commission over misleading investors about demand for the company’s flagship all-electric Endurance pickup truck.

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