The U.S. Securities and Exchange Commission sued two former executives of EV company Canoo Inc. on Friday over what the regulator alleges were reporting failures related to hundreds of millions of dollars of unreasonable revenue projections.
The U.S. Securities and Exchange Commission sued two former executives of EV company Canoo Inc. on Friday over what the regulator alleges were reporting failures related to hundreds of millions of dollars of unreasonable revenue projections.