Block & Leviton to Lead Securities Fraud Case Against Nikola

Case against Nikola will be litigated on behalf of defrauded investors in the District of Arizona

Following an appeal to the Ninth Circuit, Block & Leviton, along with co-lead counsel Pomerantz LLP, were appointed to lead the securities fraud litigation against Nikola Corp. and others.

"We are very pleased with Judge Logan’s decision which properly applied the Ninth Circuit’s precedential decision in this matter.  Nikola stands accused of an egregious fraud bilking investors out of billions of dollars.  We look forward to aggressively prosecuting this case in order to get a substantial recovery for the putative class."

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