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Fisker faces SEC investigation as bankruptcy case drags on

Bankrupt EV startup Fisker is under investigation by the U.S. Securities and Exchange Commission, according to a new filing from the financial regulator.

The agency does not say what the investigation specifically involves, only that it could result in “future actions alleging violations of the federal securities laws. (That late filing allowed Fisker’s largest lender to put pressure on the company that ultimately contributed to its bankruptcy.) Multiple former employees have also told TechCrunch about how the company struggled to keep its finances straight, including at one point briefly losing track of as much as $16 million in customer payments — a claim Fisker has denied.

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