Cybereason CEO Sues Mnuchin, SoftBank Fund Over Funding Plan February 12, 2025 By Sabrina Willmer and Max Abelson The chief executive officer of Cybereason Inc. sued two investors — former Treasury Secretary Steven Mnuchin and the SoftBank Vision...
SEC Says Game Service Roblox Part of ‘Active Investigation’ February 10, 2025 By Cecilia D'Anastasio Roblox Corp., the video-game service used by millions of young people, is part of an active investigation by the U.S....
Securities Litigation Risk for Public Companies Rose by $1 Trillion in Fourth Quarter February 3, 2025 Securities litigation risk for U.S. public companies rose by $1 trillion as of the fourth quarter of 2024, a new...
FDIC Sues 17 Former Silicon Valley Bank Executives, Directors Over Collapse January 17, 2025 By Jonathan Stempel The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars...
Judge Approves Tesla Directors’ Deal to End Excess Pay Case January 9, 2025 By Tom Hals Tesla directors including Chair Robyn Denholm and James Murdoch got court approval on Wednesday for a settlement worth up to...
Aerospace Firm AAR Settles US Bribery Charges for $55M December 20, 2024 By Kanishka Singh and Douglas Gillison Global aerospace company AAR Corp. has agreed to pay more than $55 million to resolve allegations of bribing Nepalese and...
Becton Dickinson to Pay $175 Million to Settle SEC Probe December 17, 2024 By Lydia Beyoud Becton, Dickinson & Co. has agreed to a $175 million fine over Securities and Exchange Commission claims it repeatedly misled...
Target Must Face Shareholder Lawsuit Over Pride Backlash, US Judge Rules December 5, 2024 By Mike Scarcella Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders...
Barclays Reaches $19.5M Settlement Over Debt Sale Blunder December 4, 2024 By Jonathan Stempel Barclays agreed to pay $19.5 million to settle a lawsuit in Manhattan by shareholders who accused the British bank of...
Netflix Defeats Shareholder Lawsuit Over Growth Forecasts November 27, 2024 By Jonathan Stempel Netflix won the dismissal on Tuesday of a shareholder lawsuit accusing the streaming company of downplaying the impact on subscriber...