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

December 15, 2022, 4:09 PM UTC

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.

Trevor Milton
Photographer: Stephen Yang/Bloomberg

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, ...

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