Nikola Seeks To Erase $13M Securities Class Action Claim

By Alex Wittenberg · August 4, 2025, 6:31 PM EDT

Bankrupt electric vehicle maker Nikola Corp. urged a Delaware bankruptcy judge to approve a plan to demote $13 million in claims connected to a securities class action, arguing the court shouldn't...

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Bankruptcy Scorecard

Summary

The maker of electric and hydrogen-powered trucks filed for bankruptcy with plans to sell itself as a going concern.

Case Number

25-bk-10258

Judge

Thomas M. Horan

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Documents

Case Information

Case Title

Nikola Corporation

Case Number

1:25-bk-10258

Court

Delaware

Nature of Suit

Date Filed

February 19, 2025