Fisker Inc. is currently being investigated by the SEC with multiple subpoenas issued as part of the probe. The investigation was confirmed in a filing from the SEC.
The SEC objected to Fisker's liquidation plan, citing the need to preserve its ability to enforce police and regulatory powers in relation to ongoing investigations.
The Commission retains the right to file police and regulatory actions against debtors and non-debtor entities, ensuring its oversight over the ongoing investigation.
Fisker’s Chapter 11 bankruptcy included winding down operations, selling off the existing fleet, and aiming for a court-approved liquidation plan amidst SEC scrutiny.
Collection
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