Trevor Milton cast as greedy villain and betrayal victim in fraud trial

Nikola founder Trevor Milton “doubled down on his lies” after his chicanery involving a nonrunning prototype fuel cell truck was discovered, a federal prosecutor said in his opening statement of Milton’s securities and wire fraud trial Tuesday.

But Milton’s defense lawyers countered that he never intended to deceive anyone and that he committed no crimes. He is charged with two counts each of securities fraud and wire fraud.

“The government says that Trevor’s statements were significant to...

https://www.freightwaves.com/news/trevor-milton-cast-as-greedy-villain-and-betrayal-victim-in-fraud-trial

Commentary: Milton’s long shadow holds his own fate — and Nikola’s

Trevor Milton against graphic backdrop in magnification

As the date of his federal fraud trial nears, Nikola founder Trevor Milton casts a long shadow over his own fate and that of the electric truck manufacturer.

Milton has not actively participated in the startup electric truck and hydrogen maker’s business in more than 16 months. Yet his influence as a major shareholder weighs heavily on the company.

Most recently his vote against increasing the number of authorized shares in Nikola — a move that would dilute his approximately 11% ownership stake —...

https://www.freightwaves.com/news/commentary-miltons-long-shadow-holds-his-own-fate-and-nikolas

FreightWaves among America’s Best Startup Employers 2021 – Forbes

The FreightWaves headquarters in downtown Chattanooga. (Photo: Josh Roden/FreightWaves)

FreightWaves, serving the global freight industry with the fastest and most comprehensive market data, news and insights on the planet, was #218 on a list of the 500 America’s Best Startup Employers 2021 by Forbes and Statista. FreightWaves was ranked #6 in its category (Media & Entertainment) and it was the second year in a row that the company was named to this prestigious list. 

Craig Fuller, the founder and CEO of FreightWaves, stated, “On behalf of the Board of Directors and the employees,...

https://s29755.pcdn.co/news/freightwaves-among-americas-best-startup-employers-2021-forbes

CONA Services partners with Salesforce for real-time tracking

CONA Services, which provides a specific framework of practices and IT services for all Coca-Cola suppliers and bottlers to allow a more efficient workflow, continues to add to its growest list of partnerships.

Earlier this month, CONA announced it was partnering with Salesforce, a leader in the customer relationship management space, to streamline operations and communications with contact centers.

This comes on the heels of previously announced partnerships in the past seven months with Blue...

https://s29755.pcdn.co/news/cona-services-partners-with-salesforce-for-real-time-tracking

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon