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...
U.S. SEC Sues Over Alleged $650M Global Crypto Fraud August 13, 2024 By Jonathan Stempel The U.S. Securities and Exchange Commission on Monday sued the cryptocurrency company NovaTech and its married co-founders, saying they fraudulently...
SEC Charges 2 Investment Firms, Doles Out $400,000 in Fines, for ‘AI Washing’ March 21, 2024 By Chad Hemenway The U.S. Securities and Exchange Commission this week said it settled charges against two investment advisers related to “AI washing.”...
Vans, Dickies Owner VF Corp: Data of 35.5M Consumers Stolen in Recent Cyberattack January 23, 2024 Apparel and footwear company VF Corp. disclosed last week that the personal data of about 35.5 million consumers were stolen...
Russian Businessman, Others Charged in Multi-Million Dollar Hacking Scheme December 21, 2021 By Nate Raymond BOSTON–Five Russians including a Kremlin-linked businessman now in U.S. custody carried out a vast, $82 million insider trading scheme that...
JPMorgan Wins Appeal Against Insurers Over Bear Stearns Settlement November 23, 2021 By Jonathan Stempel NEW YORK — New York’s highest court ruled on Tuesday that JPMorgan Chase & Co is entitled to insurance coverage...
Lawsuit Says Tyson Foods Misled Shareholders About Covid-19 Protocols February 3, 2021 By Jonathan Stempel NEW YORK — U.S. meat and poultry processor Tyson Foods Inc was sued on Tuesday for allegedly defrauding shareholders with...
Lawyer Who Helped Musk Beat Defamation Suit Takes on Tesla’s Investors February 25, 2020 By Dana Hull A Manhattan trial lawyer who helped Elon Musk defeat a defamation lawsuit by a British caver is now set to...