Jane Reiss News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Employees at this business are thankful they've dodged supply chain issues.

rselak@tribtoday.com LORDSTOWN — Wrongdoing and misleading public statements by officers and directors of Lordstown Motors Corp. have devastated the electric-truck startup’s credibility and caused it to lose more than $1 billion in value, according to the latest lawsuit filed against the company. This action in federal court in Delaware alleges “substantial financial and reputational harm” resulted from the misconduct, which also opened up the company to “potentially hundreds of millions of dollars” in damages connected to four investor class-action lawsuits. The action, a stockh...

LORDSTOWN — Wrongdoing and misleading public statements by officers and directors of Lordstown Motors Corp. have devastated the electric-truck startup’s credibility and caused it to lose more than $1 billion in value, according to the latest lawsuit filed against the company. This action in federal court in Delaware alleges “substantial financial and reputational harm” resulted from the misconduct, which also opened up the company to “potentially hundreds of millions of dollars” in damages connected to four investor class-action lawsuits. The action, a stockholder derivative comp...

Brunswick Group is expanding beyond its financial PR roots with services like creative and digital. It's pitching itself as the "McKinsey" or "Goldman Sachs" of PR. The firm had double-digit growth in 2020, but some question the firm's ability to retain its new hires. PR firm Brunswick Group has been well known for its financial communications, crisis, litigation, and public affairs work. In recent years, it's been branching out to digital and creative services and pitching itself as the "McKinsey" or "Goldman Sachs of PR" to better compete with longtime rivals like CEO advisory firm Teneo an...