Tuesday - November 26, 2024
Litigation: SEC Charges Ex-CEO of Romeo Power for Misleading Investors
September 28, 2024
WASHINGTON, Sept. 28 -- The Securities and Exchange Commission issued the following litigation release (No. 2:24-cv-08336; C.D. Cal. filed Sept. 27, 2024) involving Lionel Selwood Jr.:

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The Securities and Exchange Commission announced settled fraud charges against Lionel Selwood, Jr., the former CEO of Romeo Power, Inc., a Southern California-based company that built batteries for commercial electric vehicles. The SEC's complaint alleges that Selwood misled investo . . .

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