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Nikola Founder Milton Loses Rulings to Electric-Truck Maker on Brink of Criminal Trial

  • Truck maker can intervene to bar Milton’s use of some papers
  • Milton, accused of lying, says company vetted his statements
Trevor Milton

Trevor Milton

Photographer: Angus Mordant/Bloomberg
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Nikola Corp. won a court order preventing founder Trevor Milton from using certain company communications in his defense against criminal charges that he lied about the company’s products to mislead investors and prop up the stock.

Just ahead of Milton’s trial next week in federal court in Manhattan, US District Judge Edgardo Ramos on Thursday granted Nikola’s request to intervene in the case to prevent Milton from introducing the confidential documents as evidence. The clean-energy truck maker also won its bid for a protective order specifically blocking Milton from eliciting testimony about communications between him and the company’s general counsel that are protected by attorney-client privilege.