Ken Joseph, Managing Director and Global Head of the Disputes Consulting practice, discusses short-seller allegations that Nikola exaggerated its ability to develop hydrogen-electric trucks and passed off third-party products as its own in a recent Law360 article. According to reports, as a result of the allegations, the U.S. Securities and Exchange Commission and the U.S. Department of Justice are investigating the company.

Discussing the claims, Ken said, "This is a complex multifaceted fact pattern that's likely to have ramifications not only at Nikola, but also at GM and the short-seller. Those [investigations] will center around the accuracy of any material statements that have been made, around the trading by insiders and by others, and around the governance and controls."

Read the full article here.

2020-10-05T00:00:00.0000000 0001-01-01T00:00:00.0000000 /about-us/news/ken-joseph-sec-doj-investigation-nikola-law360 /-/media/assets/images/news/featured-images/2020/ken-joseph-sec-doj-investigation-nikola-law360.jpg news {C987DF12-8CE8-4A15-89E5-6BCA4C89833B} {B7CF2537-1DBA-485F-A14F-8BD1524F1A8B} {871EB752-F3E8-4991-AA79-545153989F0D} {DA6CC51B-740E-439A-B283-2BBFB5326BAA} {C8894F56-FF6C-4DEA-AB91-58D66A7F0624} {C67C1D82-999C-4E8A-8821-DD601CC3F402} {B97206F6-D96E-4245-8833-EF504570C786}

Other Areas We Can Help

Governance, Risk, Investigations and Disputes

Governance and Risk Advisory

Combined Duff & Phelps and Kroll disputes, investigations, cyber, business intelligence, cross-border restructuring and other advisory.

Governance and Risk Advisory
Fraud, Corruption and Money Laundering

Financial Investigations

Conduct all phases of investigations, from the detection of suspicious activity through resolution.

Financial Investigations