Nicola’s chief executive told a jury he was concerned about the ‘exaggeration’ of pitches to investors by founder Trevor Milton.

Nicola Corp. CEO Mark Russell told a New York federal judge on Monday that he was concerned about joining the electric-truck company because he believed Trevor Milton, who runs the electric-truck company, was “prone to exaggerating his public statements.”

While testifying in Milton’s securities fraud trial, Russell Before Nicola Nkela took over as president in 2019,
He and Milton Nicola agreed that Russell would become CEO if the company became a publicly traded company. Russell said he wanted the event because, as the head of a public company, the statement from the CEO must be accurate.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *