Apple Car Executive and Former Canoo CEO Ulrich Kranz Facing SEC Lawsuit

MacRumors
By Juli CloverAug 4, 2023, 2:37 pm361 pts
Ulrich Kranz, the former CEO of electric car company Canoo and a key executive on the Apple Car team, is facing an SEC lawsuit, reports Bloomberg. The U.S. Securities and Exchange Commission believes that Kranz provided unreasonable revenue projections for Canoo and also misstated how much he was paid. Apple…

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