Tagged: SEC

TuSimple fires chief executive Xiaodi Hou

TuSimple Fires Chief Executive

TuSimple fires chief executive, Xiaodi Hou. Autonomous driving company TuSimple, under federal investigation has announced the decision by its board of directors to fire Xiaodi Hou, its chief executive and CTO.

Nikola Motors founder Trevor Milton-Fraud

Court Convicts Nikola Founder

Court convicts Nikola founder on securities fraud and 2 counts wire fraud. Was Nikola Motors founder Trevor Milton a “con man,” or just overly enthusiastic? A jury in Manhattan apparently agreed with the prosecutor that…

Roadrunner Transportation Former CFO Gets 2-years

Former CFO Gets 2-year Sentence

A former chief financial officer (CFO) of Roadrunner Transportation Inc. has been sentenced to two years in person for his role in an accounting fraud scheme that led the company to restate its earnings and…

Tank Transport