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SEC Drops Suit Against Nikola Founder After Trump's Pardon

By Gina Kim · September 11, 2025, 8:59 PM EDT

The U.S. Securities and Exchange Commission on Thursday ended its civil enforcement action in New York federal court against Nikola founder Trevor Milton months after he was pardoned by President Donald...

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Documents

Dismissal

Case Information

Case Title

United States Securities and Exchange Commission v. Milton

Case Number

1:21-cv-06445

Court

New York Southern

Nature of Suit

Securities/Commodities

Date Filed

July 29, 2021

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