The underlying case involves misleading statements made by Nikola Corp. CEO Trevor Milton, who received a 4 year prison sentence in 2022 for securities and wire fraud. Credit: Courtesy photo. The underlying case involves misleading statements made by Nikola Corp. CEO Trevor Milton, who received a four year prison sentence in December 2023 for securities and wire fraud. Credit: Courtesy photo.

Electric and fuel-cell vehicle company Nikola Corp. has turned to a Delaware court with claims that its directors and officers (D&O) insurers are keeping settlement proposals from being made in the Court of Chancery, the District of Delaware and the District of Arizona.

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Ellen Bardash

Ellen Bardash is ALM's reporter covering Delaware litigation for Delaware Law Weekly and Delaware Business Court Insider. She can be contacted at [email protected], on Twitter @Dellenware or on Threads @ellenbardash.