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Violation Tracker Individual Record

Company: Hyzon Motors Inc.
Penalty: $25,000,000
Year: 2023
Date: September 26, 2023
Offense Group: competition-related offenses
Primary Offense: fraud
Violation Description: The Securities and Exchange Commissionannounced settled fraud charges against Hyzon Motors Inc., an upstate New York-based company that builds hydrogen fuel cell electric vehicles (FCEVs), for misleading investors about its business relationships and vehicle sales before and after a July 2021 merger with a publicly-traded special purpose acquisition company, or SPAC.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.