The ousted founder of bankrupt EV startup Lordstown Motors has launched a new company called LandX Motors, that prominently displays the same electric pickup truck he once promised would beat Tesla, ...

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 ...

The Securities and Exchange Commission has charged bankrupt Lordstown Motors with misleading investors about the sales prospects of its Endurance electric pickup truck. Lordstown has agreed to pay $25 ...

LORDSTOWN, Ohio — A federal agency says Lordstown Motors did in fact mislead investors by exaggerating the amount of preorders it had for the all-electric Endurance pickup truck, and that it promised ...

Lordstown Motors Corp (OTC:RIDEQ), now Nu Ride (OTC:NRDE), burst onto the scene in 2020 promising a revolutionary electric truck and raking in over $675 million from investors. The company ...

(BLOOMBERG) -- Bankrupt electric vehicle manufacturer Lordstown Motors Corp. agreed to pay $25.5 million to settle U.S. Securities and Exchange Commission allegations that the firm exaggerated the ...

Struggling electric truck startup Lordstown Motors still plans to deliver the first examples of its Endurance pickup truck before the end of the year, the company said Tuesday, a day after it ...

LORDSTOWN — The founder and former chief executive of Lordstown Motors Corp. said the Securities and Exchange Commission “falsely characterized” his actions in documents concerning a settlement ...

Lordstown Motors contends with bankruptcy and securities regulators. On Sept. 28, 2020, then-President Donald Trump greeted a group of reporters gathered on the South Lawn of the White House. “Well, ...

Trevor Milton, who founded the truck company Nikola, was sentenced on Monday in a fraud case that exposed the excesses in the electric vehicle business. By Jack Ewing The company bought a shuttered ...