NU Ride Inc (NRDE)

[Saving Grace]

Stop Lying Josh, It's resolved LMC pays nothing to SEC

The SEC's order for Lordstown to disgorge $25.5 million of ill-gotten gains was deemed satisfied by its payments in class action lawsuits.

Clark Schaefer Hackett & Co, which acted as Lordstown's adviser and auditor, agreed to pay more than $80,000 in civil penalties, disgorgement and interest, as well as to improve its policies and procedures, in a separate SEC resolution, the regulator said.

A lawyer for the accounting and advisory firm did not respond immediately to request for comment.

https://finance.yahoo.com/news/1-lordstown-motors-settles-sec-215958086.html