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Trevor Milton Must Pay $581K In Fees After Losing Suit Against CNBC And Hindenburg, Court Orders
Trevor Milton Must Pay $581K In Fees After Losing Suit Against CNBC And Hindenburg, Court Orders
Trevor Milton's unsuccessful defamation case against CNBC and Hindenburg Research has ended with another costly setback for the disgraced Nikola founder.
A New Jersey judge ordered the Nikola founder to reimburse CNBC $286,087 in attorneys' fees and litigation expenses after Milton ultimately lost his appeal. Hindenburg Research will also be reimbursed by Milton to the tune of $270,475 in fees, costs of $14,053 and $10,992 in other fees, according to the order, made available on Monday.
Milton's lawsuit...
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