Tesla Defeats Investor Lawsuit Over Musk’s Autopilot Marketing September 30, 2024 By Rachel Graf Tesla Inc. won dismissal of a shareholder lawsuit alleging misleading statements about self-driving capabilities propped up its stock price, though...
Miami Investment Firm 777 Says Ex-IT Head Stole Data for Lender’s Fraud Suit September 20, 2024 By Jill R. Shah Miami investment firm 777 Partners, which is facing several lawsuits by creditors, hit back with its own suit accusing one...
U.K. Trader Loses Lawsuit Against Deutsche Bank Over Bonus Dispute September 9, 2024 By Sam Tobin A former Deutsche Bank trader on lost her London lawsuit against the bank for just over 2.6 million pounds ($3.4...
Former Volkswagen Boss Goes on Trial Over Diesel Cars Rigged to Cheat Emissions Tests September 9, 2024 By David McHugh Former Volkswagen Group CEO Martin Winterkorn went on trial last week on charges of fraud and market manipulation in connection...
Judge Denies Sanction Bid by Truth Social Co-Founders Over Share Value August 27, 2024 By Jef Feeley The co-founders of Donald Trump’s social-media startup lost a bid to have a Delaware judge impose financial sanctions on the...
Crypto Firm Abra Settles with SEC Over Unregistered Securities August 27, 2024 By Emily Mason The U.S. Securities and Exchange Commission has settled with crypto lending platform Abra after charging the startup with selling unregistered...
Former Citigroup Executive Suing Bank Was Fired for Performance, Company Says August 26, 2024 By Tatiana Bautzer Citigroup alleges that a former managing director suing the bank was fired for performance reasons, rather than for what she...
Intel Shareholders Sue Chipmaker After Job, Dividend Cuts Cause Stock Plunge August 8, 2024 By Jonathan Stempel Intel was sued on Wednesday by shareholders who said the Silicon Valley chipmaker fraudulently concealed problems that led it to...
Wells Fargo Must Face Lawsuit Over Sham Job Interviews July 30, 2024 By Jonathan Stempel A U.S. judge ordered Wells Fargo to face a lawsuit alleging it defrauded shareholders by proclaiming its commitment to hiring...
Elliott Says Santander’s Use of Signal Messaging App Hampers Lawsuit July 16, 2024 By Irene García Pérez Elliott Investment Management has alleged that Banco Santander SA’s practice of using an auto-deleting messaging platform, in this instance to...