The former Canoo CEO hired by Apple is facing a lawsuit from the SEC

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The former Canoo CEO hired by Apple is facing a lawsuit from the SEC
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Ulrich Kranz now works on Apple’s secret car project.

The SEC accuses Ulrich Kranz of providing ‘unreasonable revenue projections’ to investors while at Canoo.a news writer who covers the streaming wars, consumer tech, crypto, social media, and much more. Previously, she was a writer and editor at MUO.

Ulrich Kranz, the Apple car executive who served as the former CEO of the EV startup Canoo, is facing some legal trouble. On Friday, the Securities and Exchange Commission filed a lawsuit against Kranz and former Canoo chief financial officer Paul Balciunas over claims they provided “unreasonable revenue projections” to investors, as first

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