U.S. District Chief Judge Leonard Stark of the District of Delaware Executives Resign as Lordstown Securities Cases Are Consolidated in Delaware
U.S. District Judge Leonard P. Stark is presiding over the now-consolidated action in which Lordstown shareholders have claimed the Ohio-based company is far from meeting the benchmarks it's been touting for the production of the Endurance, the first electric full-size pickup truck.
June 14, 2021 at 06:35 PM
3 minute read
Securities Litigation
Lordstown Motors Corp. announced Monday that two of its executives accused of securities violations have resigned, immediately following consolidation of two cases claiming the company exaggerated its progress on production of an all-electric pickup truck.
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