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Two Top Execs Resign From Lordstown Motors Following Misleading Disclosures

By
Berber Jin
· · Source: The Information

Troubled electric truck maker Lordstown Motors said its chief executive and chief financial officers resigned Monday following a board of directors report that concluded the company disclosed inaccurate information about truck pre-orders. The resignations of CEO Steve Burns and CFO Julio Rodriguez add to the company’s dire circumstances. Earlier this month, it told investors it could run out...

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