Page 2 - லார்ட்ஸ்டவுன் மோட்டார்கள் கார்ப் ஆன் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

By Reuters Staff 2 Min Read SAN FRANCISCO (Reuters) - Lordstown Motors Corp said on Wednesday it received a request for information from the U.S. securities regulator regarding accusations by an investor that took a short position in the stock and accused the electric truck startup of misleading consumers and investors. Last week, Hindenburg Research revealed it had taken a short position in Lordstown Motors, accusing the company of using “fake” orders to raise capital and claiming that its upcoming truck is three to four years away from production. “We are cooperating with that inquiry,” Lordstown Motors CEO Steve Burns said during an earnings conference call, referring to the U.S. Securities and Exchange Commission’s request for information.

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