Proterra Sued For Allegedly Hiding Post-SPAC Merger Risks

By Sydney Price · September 5, 2023, 7:13 PM EDT

Bankrupt electric-vehicle manufacturer Proterra Inc. is facing a federal investor lawsuit alleging it repeatedly concealed its increasing risk of insolvency after its merger with a blank-check company, eventually collapsing under the...

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Documents

Case Information

Case Title

Tirado v. Proterra Inc. et al

Case Number

5:23-cv-04528

Court

California Northern

Nature of Suit

Securities/Commodities

Date Filed

September 01, 2023