Tag: Juries

Statement on Jury’s Verdict in Trial of Bernard Findley and Halitron Inc

After a seven-day trial, a jury in the United States District Court for the District of Connecticut found Bernard Findley and Halitron Inc, liable for securities fraud in connection with their false and misleading statements in press releases as part of a scheme to defraud investors. “We are pleased with the jury verdict holding Bernard Findley and Halitron, Inc., liable for…

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Nikola’s Trevor Milton Seeks New Trial, Saying Juror Lied to Be Chosen – Bloomberg

 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…

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