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The electric vehicle maker Nikola has filed for Chapter 11 bankruptcy protection, it said Wednesday. Executives said in October the EV maker had enough cash to operate only until 2025's first quarter.
Legal questions now loom after electric truck entrepreneur, Trevor Milton, stepped down Monday as executive chairman and board member of his newly public company Nikola.
Nikola said in the filing that it plans to file with the arbitration panel an application to recover attorneys' fees related to the matter. Shares of the Phoenix-based company soared more than 19% ...
Geier has been qualified as an expert witness in Federal Court [20] and has been accepted as an expert witness in approximately 100 hearings for parents seeking compensation from the National Vaccine Injury Compensation Program for alleged vaccine injuries to their children. In 10 of these cases, "Dr. Geier's opinion testimony has either been ...
The National Childhood Vaccine Injury Act (NCVIA) of 1986 (42 U.S.C. §§ 300aa-1 to 300aa-34) was signed into law by United States President Ronald Reagan as part of a larger health bill on November 14, 1986.
Milton, 41, founded Nikola in 2014 and stepped down as CEO in September 2020 — about three months after the company went public. Prosecutors said Nikola’s retail investors lost more than $660 ...
The National Vaccine Injury Compensation Program (VICP or NVICP) was established by the 1986 National Childhood Vaccine Injury Act (NCVIA), passed by the United States Congress in response to a threat to the vaccine supply due to a 1980s scare over the DPT vaccine.
Nikola's stock fell after news of Milton's sentencing and ended the day down more than 9%. Prosecutors argued that Milton should receive a sentence similar to that of Theranos founder Elizabeth ...