Nikola Corp. founder Trevor Milton asked for a new trial on charges he misled investors about the electric truck maker’s prospects, arguing the jury convicted him due to bad instructions from the judge and because one juror lied to get on the panel.
Milton was found guilty in October of securities and wire fraud following a monthlong trial, a remarkable downfall for the door-to-door salesman turned billionaire who promised to revolutionize the auto industry. In court filings late Wednesday, his lawyers argued the jurors mistakenly believed that to convict their client of three of the four counts against him, they weren’t required to find that he intended to deceive investors, when in fact they were.
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Milton also said one juror lied to get on the panel, denying during questioning that she held a negative view of wealthy corporate executives and saying she didn’t use social media, getting her news only from YouTube. In reality, Milton says, the juror is an avid user of Facebook and Twitter whose posts are “riddled with attacks on wealthy executives” and “show a close engagement with the news and current events.”
Source: Nikola’s Trevor Milton Seeks New Trial, Saying Juror Lied to Be Chosen – Bloomberg
