Lordstown Motors faces 3rd lawsuit | News, Sports, Jobs
rselak@tribtoday.com LORDSTOWN — Lordstown Motors Corp. faces another class-action investor lawsuit, this one — like the previous two — alleging the company misled investors regarding preorders for its battery-powered truck, the Endurance. The latest lawsuit by investor Sulayman Zuod also names company founder / CEO, Steve Burns; Rich Schmidt, president; Julio Rodriguez, chief financial officer; and Michael Fabian, director of stamping operations. It also claims they were part of a scheme to deceive the stock market and through their conduct, caused the price of Lordstown Motors stock t...