Judge rejects Nikola founder’s bid to dismiss or move U.S. criminal fraud case

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Judge rejects Nikola founder’s bid to dismiss or move U.S. criminal fraud case

NEW YORK – A U.S. judge on Monday refused to dismiss a federal indictment charging Nikola Corp’s billionaire founder Trevor Milton with defrauding investors about the electric- and hydrogen-powered truck maker’s technology.
U.S. District Judge Edgardo Ramos rejected Milton’s claim that he should not have been indicted in New York for securities fraud and wire fraud because his alleged lies were in Arizona and Utah…
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