Is Constellation Energy Corporation (CEG) an Example of a “Deep Value” Holding?

Reuters

U.S. jury deliberating in Nikola founder’s fraud trial

A jury began deliberating Friday in the criminal case against Nikola Corp founder Trevor Milton, weighing allegations that he lied to investors about the electric vehicle company’s technology. During the trial in federal court in Manhattan, prosecutors depicted Milton, 40, as a “con man” who sought to deceive investors about the electric- and hydrogen-powered truck maker’s technology starting in November 2019. Milton, of Oakley, Utah, was indicted in July 2021 and faces two counts of securities fraud and two counts of wire fraud.

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