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Lordstown Motors discloses Justice Department probe, SEC subpoenas

Lordstown Motors discloses Justice Department probe, SEC subpoenas

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Lordstown Motors, an Ohio company under scrutiny over the number of orders it claimed it had for the electric trucks that it wants to produce, acknowledged receiving two subpoenas from federal regulators and that prosecutors in New York have opened an investigation. The Securities and Exchange Commission asked in a pair of subpoenas for documents.

...read full article on New York Post

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