The SEC closed its investigation into Fisker

The SEC closed its investigation into Fisker

The Securities and Exchange Commission closed its investigation into bankrupt electrical car startup Fisker last September, roughly one yr after the probe was opened.

TechCrunch discovered the investigation was closed when the monetary regulator responded to a Freedom of Information Act (FOIA) request in January. The SEC’s FOIA division said it had recognized “approximately 21.7 gigabytes of electronically maintained records” associated to the investigation. The company doesn’t usually make information obtainable if investigations are still open, and it explained in a follow-up e-mail that it “was closed in September 2025.”

It’s not clear how far the investigation progressed. The SEC revealed the existence of the probe in an October 2024 submitting in Fisker’s chapter case. The company wrote at the time that it had despatched subpoenas to the company and that it could have to “request or subpoena additional documents in the future relating to its ongoing investigation.”

A spokesperson for the company declined to remark. Founder and former CEO Henrik Fisker didn’t reply to a message in search of remark.

The closure of the Fisker investigation comes amid a big drop in enforcement actions and settlements during President Trump’s second time period. The SEC initiated 313 enforcement actions in 2025 — the lowest in a decade and down 27% from the the final yr of President Biden’s time period, according to an analysis by regulation agency Paul, Weiss. Only 4 of those enforcement actions have been against public firms. Total financial settlements fell 45% from 2024.

Fisker was certainly one of the last remaining electrical car startups under investigation by the SEC. Over the last few years, the company settled fraud or other fees introduced against Nikola, Lordstown Motors, Canoo, Hyzon Motors, and others. In 2023, it closed an investigation into Lucid Motors without a lawsuit.

The only recognized lively investigation remaining into an electrical car startup is the one associated to Faraday Future, which is now practically 4 years previous. In July 2025, the SEC despatched Faraday and a number of executives “Wells notices,” or letters that inform a topic that the investigators suggest an enforcement action. No action has been taken since those letters have been despatched, though, and Faraday’s personal regulatory filings point out it has not yet responded to the Wells notices.

The Gossip Blogger event

Boston, MA
|
June 23, 2026

Fisker filed for chapter in June 2024 amid a raft of issues with its first EV, the Ocean SUV. The company spent years making daring guarantees about growing radical new applied sciences, however pivoted from those concepts a number of instances. It also had major monetary hassle in the run-up to its collapse. It used the Chapter 11 chapter course of to dump its remaining stock of Oceans to a company that leases autos to ride-hail drivers and liquidate its other belongings.

Stay informed with the latest headlines that matter. At TheGossipBlogger.com, we ship well timed and credible coverage on breaking news, global occasions, politics, society, and all the pieces in between.

Whether it’s unfolding developments, coverage adjustments, or highly effective human-interest tales, our newsroom curates impactful content to maintain you up to date in real time.

From local points to worldwide affairs, we break down complicated tales with readability, context, and a concentrate on what’s related to you.

Bookmark News and test in often — because staying informed is the first step towards staying ahead.