Electric Delivery-Truck Maker Workhorse Faces SEC Probe

Financial regulators have opened an investigation into electric delivery-truck maker Workhorse Group Inc., an Ohio-based firm that was an early investor in now-struggling startup Lordstown Motors Corp.

The Securities and Exchange Commission disclosed in a letter denying a public-records request that its enforcement division has been probing Workhorse, according to a copy of the letter reviewed by The Wall Street Journal.

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