securities and exchange commission

Fisker faces more bad news as the SEC starts investigating its business practices

Fisker faces more bad news as the SEC starts investigating its business practices

The past week hasn’t been the kindest to the electric vehicle industry. Now, it’s capped off with news that the EV startup Fisker is the subject of an investigation from the US Securities and Exchange Commission (SEC). reported that SEC officials sent several subpoenas to Fisker. The filing doesn’t specifically say what the subpoenas are asking for or looking into but it’s clear that the SEC has launched an investigation into the floundering EV maker that .Fisker has been struggling to keep its head above water ever since last year’s disastrous rollout of its Ocean SUV that failed to score…
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