Fisker founders, managers sued for misleading investor

(Reuters) - The founders and top managers of now-bankrupt Fisker Automotive never told potential investors that the green car startup lost access to federal funds that were crucial to the company's financial strength, according to an investor lawsuit. Co-founder Henrik Fisker, board members and executives kept quiet that the U.S. Department of Energy cut access to a $529 million green-technology loan in June 2011, according to the lawsuit, filed on Friday by Atlas Capital Management LP.

via Business News - Yahoo Finance http://finance.yahoo.com/news/fisker-founders-managers-sued-misleading-225659187.html