SEC Charges Hydrogen Vehicle Co. Hyzon Motors and Two Former Executives for Misleading Investors #Banking #FinancialServices
Washington, D.C.--(Newsfile Corp. - September 26, 2023) - The Securities and Exchange Commission today announced settled fraud charges against Hyzon Motors Inc., an upstate New York-based company that builds hydrogen fuel cell electric vehicles (FCEVs), for misleading investors about its business relationships and vehicle sales before and after a July 2021 merger with a publicly-traded special purpose acquisition company, or SPAC. The SEC also charged Craig M. Knight, Hyzon’s former CEO, and Max...
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