EV Co.'s SPAC Suit Gets Final OK For $1.9M Settlement

By Emilie Ruscoe (April 23, 2024, 7:40 PM EDT) -- Lightning eMotors Inc., which made electric commercial vehicles and has announced liquidation of its assets, has received final approval for a $1.85 million settlement of shareholder derivative claims against its brass alleging they hid supply chain issues that would keep it from scaling after going public via merger with a special purpose acquisition company....

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