{"id":381236,"date":"2020-11-13T22:53:20","date_gmt":"2020-11-14T03:53:20","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=381236"},"modified":"2020-11-13T22:53:20","modified_gmt":"2020-11-14T03:53:20","slug":"nikola-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-nikola-c","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nikola-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-nikola-c\/","title":{"rendered":"NIKOLA 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against Nikola Corporation- NKLA, NKLAW"},"content":{"rendered":"

<\/p>\n

\nNIKOLA 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against Nikola Corporation- NKLA, NKLAW\n<\/p>\n

NEW ORLEANS–(BUSINESS WIRE<\/a>)–
\nKahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until November 16, 2020<\/span><\/b> to file lead plaintiff applications in securities class action lawsuits against Nikola Corporation (NasdaqGS: NKLA, NKLAW) f\/k\/a VectoIQ Acquisition Corp. (NasdaqCM: VTIQ, VTIQW, VTIQU), if they purchased the Company\u2019s securities between March 3, 2020 and October 15, 2020, inclusive (the \u201cClass Period\u201d) or owned VectoIQ shares as of the May 8, 2020 record date and were entitled to vote on VectoIQ\u2019s proposed transaction with Nikola. These actions are pending in the United States District Courts for the District of Arizona, Eastern District of New York and Central District of California.\n<\/p>\n

\nWhat You May Do\n<\/p>\n

\nIf you purchased securities of Nikola or VectoIQ as above and would like to discuss your legal rights and how these cases might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com<\/a>), or visit https:\/\/www.ksfcounsel.com\/cases\/nasdaqgs-nkla<\/a> to learn more. If you wish to serve as a lead plaintiff in these class actions by overseeing lead counsel with the goal of obtaining a fair and just resolution, you must request this position by application to the Court by November 16, 2020<\/span><\/b>.\n<\/p>\n

\nAbout the Lawsuit\n<\/p>\n

\nNikola and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.\n<\/p>\n

\nOn September 10, 2020, Hindenburg Research published a report alleging that evidence showed the Company was \u201can intricate fraud built on dozens of lies.\u201d Subsequently, it was reported that the Company was the subject of probes by both the U.S. Securities and Exchange Commission and the Justice Department. Then, on September 21, 2020, the Company announced the sudden resignation of Founder and Executive Chairman, Trevor Milton. Then, in several interviews on October 15-16, 2020, the Company\u2019s CEO made statements indicating that the Company\u2019s strategic manufacturing partnership with General Motors could fall through.\n<\/p>\n

\nOn this news, the price of Nikola\u2019s shares plummeted.\n<\/p>\n

\nThe first-filed case is Borteanu v. Nikola Corporation et al<\/i>., 20-cv-01797.\n<\/p>\n

\nAbout Kahn Swick & Foti, LLC\n<\/p>\n

\nKSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation\u2019s premier boutique securities litigation law firms. KSF serves a variety of clients \u2013 including public institutional investors, hedge funds, money managers and retail investors \u2013 in seeking to recover investment losses due to corporate fraud and malfeasance by publicly traded companies. KSF has offices in New York, California and Louisiana.\n<\/p>\n

\nTo learn more about KSF, you may visit www.ksfcounsel.com<\/a>.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201113005730\/en\/<\/a><\/span><\/p>\n

\nLewis Kahn, Managing Partner
\n
lewis.kahn@ksfcounsel.com
\n<\/a>
1-877-515-1850\n<\/p>\n

KEYWORDS:<\/b> United States North America Louisiana<\/p>\n

INDUSTRY KEYWORDS:<\/b> Legal Professional Services<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

NIKOLA 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against Nikola Corporation- NKLA, NKLAW NEW ORLEANS–(BUSINESS WIRE)– Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have only until November 16, 2020 to file lead plaintiff applications in securities class action lawsuits against Nikola Corporation (NasdaqGS: NKLA, NKLAW) f\/k\/a VectoIQ Acquisition Corp. (NasdaqCM: VTIQ, VTIQW, VTIQU), if they purchased the Company\u2019s securities between March 3, 2020 and October 15, 2020, inclusive (the \u201cClass Period\u201d) or owned VectoIQ shares as of the May 8, 2020 record date … <\/p>\n

Continue reading “NIKOLA 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against Nikola Corporation- NKLA, NKLAW”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-381236","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNIKOLA 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against Nikola Corporation- NKLA, NKLAW - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/nikola-72-hour-deadline-alert-former-louisiana-attorney-general-and-kahn-swick-foti-llc-remind-investors-with-losses-in-excess-of-100000-of-deadline-in-class-action-lawsuits-against-nikola-c\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NIKOLA 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against Nikola Corporation- NKLA, NKLAW - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NIKOLA 72 HOUR DEADLINE ALERT: Former Louisiana Attorney General and Kahn Swick & Foti, LLC Remind Investors With Losses in Excess of $100,000 of Deadline in Class Action Lawsuits Against Nikola Corporation- NKLA, NKLAW NEW ORLEANS–(BUSINESS WIRE)– Kahn Swick & Foti, LLC (“KSF”) and KSF partner, the former Attorney General of Louisiana, Charles C. 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Foti, Jr., remind investors that they have only until November 16, 2020 to file lead plaintiff applications in securities class action lawsuits against Nikola Corporation (NasdaqGS: NKLA, NKLAW) f\/k\/a VectoIQ Acquisition Corp. 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