1 Minute Read by Reuters Staff Reuters, July 2 – The Department of Justice is looking into electric vehicle manufacturer Lordstown Motors Corp, according to the Wall Street Journal, which cited people familiar with the situation. The investigation of the corporation is being handled by the United States Attorney’s Office in Manhattan, and it is still in the early stages, according to the article. Lordstown Motors and the Department of Justice did not immediately reply to a request for comment from Reuters. The company’s stock was trading at $9.20, down 11%. (Akanksha Rana in Bengaluru contributed reporting; Shinjini Ganguli edited the piece.)/n
Read MoreU.S. DoJ investigates Lordstown Motors – WSJ
2021-07-02T15:47:50-04:00July 2nd, 2021|
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