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Lordstown Motors’ ousted CEO settles with SEC for deceptive traders – Insta News Hub
Technology

Lordstown Motors’ ousted CEO settles with SEC for deceptive traders – Insta News Hub

Steve Burns, the ousted founder, chairman and CEO of bankrupt EV startup Lordstown Motors, has settled with the U.S. Securities and Change Fee over deceptive traders about demand for the corporate’s flagship all-electric Endurance pickup truck. Burns was ordered to pay a civil positive of $175,000 and can’t function an officer or director of a

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Byju’s founder, ousted by shareholders, says rumors of his firing ‘vastly exaggerated’ – Insta News Hub
Technology

Byju’s founder, ousted by shareholders, says rumors of his firing ‘vastly exaggerated’ – Insta News Hub

Byju Raveendran, the founding father of eponymous edtech group Byju’s, advised workers on Saturday that he continues to stay the chief government of the startup and that rumors of his firing have been “vastly exaggerated,” a day after a shareholder group voted to remove him at an emergency general meeting. In a 758-word letter, content

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