A federal judge denied a motion by Nikola Corp. founder Trevor Milton’s attorneys to move his fraud trial out of New York, saying he bought and sold shares on the New York-based Nasdaq, making the venue appropriate.
Milton is charged with three counts related to allegations that he defrauded investors in the startup electric truck company by making false statements. He is free on $100 million bail pending a trial scheduled for April 4, 2022.
Milton claimed he should not have been charged in New...
https://www.freightwaves.com/news/judge-denies-venue-change-for-trevor-miltons-fraud-trial