Fisker Automotive Inc. founder Henrik Fisker and the hybrid carmaker’s former directors were sued by investor Atlas Capital Management LP over $2 million in losses that it allegedly suffered in the bankrupt company’s collapse, Bloomberg News reported yesterday. Fisker misled investors about its financial health by failing to disclose problems with a government loan and keeping secret a 2011 safety recall while the company raised money, according to the complaint filed on Dec. 27. Had Atlas known the truth, it “would not have purchased or otherwise acquired its Fisker securities, or, if it had purchased such securities, it would not have done so at the artificially inflated prices which it paid,” lawyers for Atlas said in the filing. Fisker, based in Anaheim, Calif., filed for bankruptcy on Nov. 22 and listed assets of as much as $500 million and debt of as much as $1 billion in court papers.
