Norfolk Southern Bondholders Sue over Safety Disclosures May 17, 2023 By Jonathan Stempel NEW YORK – Norfolk Southern Corp. was sued on Tuesday by bondholders who said they lost hundreds of millions of...
Delaware Court Dismisses Shareholder Suit over McDonald’s Sexual Harassment Policies March 2, 2023 A Delaware Court on Wednesday dismissed a shareholder lawsuit filed against McDonald’s Corp. and its board of directors, finding the...
Wall Street Whistleblowers Tip Off SEC — But Hear Nothing Back November 29, 2022 By John Holland Janice Shell likes to sniff out fraud. An art historian by training, she once spent her days digging through Renaissance...
Tesla, Ford and VW Sound the Death Knell for Driverless Car Hype October 27, 2022 By David Welch and Craig Trudell The autonomous-driving sector just endured a day that tech and automotive giants may well look back on the way Wall...
11th Circuit Revives Investor-Funded Medicare Secondary Payer Act Lawsuit Against Insurers July 20, 2022 By Jim Sams A Miami-area collections company backed by litigation-funding investors has won another appellate court victory over insurers, persuading a panel of...
Judge Rejects ‘Gag Order’ for Elon Musk in Shareholder Suit April 21, 2022 By Jonathan Stempel Elon Musk will not be subjected to a “gag order” preventing him from discussing a lawsuit claiming he defrauded Tesla...
Elon Musk Can’t Avoid Scrutiny of His Tesla Tweets, SEC Says March 22, 2022 By Bob Van Voris Elon Musk’s tweets about Tesla Inc. will remain a valid subject for government investigation even if a court throws out...
Exxon Mobil Loses Appeal Over Climate Change Probes March 15, 2022 By Jonathan Stempel and Nate Raymond NEW YORK –– A federal appeals court on Tuesday rejected Exxon Mobil Corp’s XOM.N effort to stop Massachusetts and New...
What Will Silicon Valley Learn From Holmes’ Conviction? January 5, 2022 By Michael Liedtke SAN JOSE, Calif. (AP)–The fraud conviction of former Theranos CEO Elizabeth Holmes could offer Silicon Valley’s culture of hubris and...
Investors Push World’s Top Chemicals Companies Over Hazardous Substances December 14, 2021 By Simon Jessop LONDON — Investors managing $4.1 trillion in assets are urging the world’s biggest chemical companies to phase out production of...