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Workhorse Group latest electric truck maker under SEC scrutiny

Workhorse Group latest electric truck maker under SEC scrutiny

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Troubled electric delivery van manufacturer Workhorse Group is the subject of a Securities and Exchange Commission probe, the latest electric truck company drawing scrutiny over short seller allegations of shady business practices. The investigation surfaced Wednesday as part of a report by Fuzzy Panda, which alleged Workhorse fabricated orders and improperly recognized revenue for trucks it had not delivered.

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