According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that:

• Nikola maintained deficient safety and structural controls related to its manufacturing of battery components;
• the foregoing deficiencies rendered Nikola’s vehicles unsafe to operate and thus unusable, thereby raising the likelihood of a product recall; and
• as a result, Nikola’s public statements were materially false and misleading at all relevant times.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

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