The Securities and Exchange Commission (SEC) has taken action against Lordstown Motors Corp (OTC: RIDEQ), alleging the company misled investors regarding the sales potential of its flagship electric pickup truck, the Endurance. The move follows Lordstown’s bankruptcy filing in 2023, after the company went public through a merger with a special purpose acquisition company (SPAC) … Continue reading SEC Charges Lordstown Motors with Misleading Investors on Endurance Pickup Truck Sales