Akin Gump Secures Complete Summary Judgment for Former Nikola Director Jeffrey Ubben

"Akin Gump Strauss Hauer & Feld LLP represented former Nikola director Jeffrey Ubben and secured full summary judgment in a securities fraud class action in the U.S. District Court for the District of Arizona. The court found board materials contained no non-public information and dismissed all claims against Ubben, the only individual defendant to obtain summary judgment."

Akin Gump Strauss Hauer & Feld LLP represented former Nikola director Jeffrey Ubben and received a Litigator of the Week recognition from The American Lawyer's Litigation Daily after securing a complete victory in a securities fraud class action. The firm persuaded the U.S. District Court for the District of Arizona to grant Jeffrey Ubben's motion for summary judgment in its entirety, ruling that all claims against him were barred and dismissing him from the case. The court rejected plaintiffs' argument that certain Nikola board materials established Ubben's knowledge of the alleged misconduct, finding instead that those board materials contained no non-public information supporting the plaintiffs' claims. The ruling dismissed all claims against Ubben, making him the only individual defendant to obtain summary judgment and exit the case. Akin Gump Strauss Hauer & Feld LLP represented Jeffrey Ubben with a team composed by: M. Scott Barnard, litigation partner; Douglas A. Rappaport, funds litigation partner; Kate D. Shapiro, funds litigation partner; Josh A. Rubin, litigation counsel; Jessica Jones Mannon, litigation counsel.

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Akin Gump Secures Complete Summary Judgment for Former Nikola Director Jeffrey Ubben

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Akin Gump Secures Complete Summary Judgment for Former Nikola Director Jeffrey Ubben

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