TECH - Nikola Founder And Convicted Felon Trevor Milton Files Lawsuit Against Present Chief Legal Officer Directors Alleging Malpractice | Benzinga
Trevor Milton, the convicted founder of EV truck maker Nikola Corp (NASDAQ:NKLA), said on Friday that he filed a multi-billion derivative lawsuit against the company’s present chief legal officer Britton Worthen, and its directors.
What Happened: Milton announced the lawsuit via the social media platform LinkedIn. “Just filed a multi billion dollar derivative malpractice lawsuit against Nikola motor company’s directors and chief legal officer Britton Worthen. GET READY!” Milton wrote.
In September 2020, short-seller Hindenburg published a report labeling the electric car maker as an "intricate fraud." Hindenburg specifically pointed out a video released by Nikola titled "Nikola One in Motion," alleging that the truck was towed to the top of a hill and released instead of being driven at high speed.
Milton alleged on Friday that the ...