SEC Intends to Seek Sanctions Against Elon Musk in Twitter Probe September 23, 2024 By Jonathan Stempel and Chris Prentice The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed...
Keurig Agrees $1.5M SEC Fine Over Pod Recyclability Statements September 11, 2024 By Chris Prentice and Susan Heavey Keurig Dr Pepper Inc. agreed to pay a $1.5 million fine to settle U.S. Securities and Exchange Commission charges that...
SEC Hits 7 Companies With Penalties for Violating Whistleblower Protections September 11, 2024 By Chris Prentice Seven public companies agreed to pay a combined $3 million to settle U.S. Securities and Exchange Commission charges they violated...
Wall Street’s Top Regulator Faces Worsening Battle in Wake of Supreme Court Ruling July 2, 2024 By Chris Prentice and Pete Schroeder The Supreme Court’s move to curb federal agency powers could curtail efforts by the U.S. Securities and Exchange Commission to...
US Prosecutors Recommend DOJ Criminally Charge Boeing as Deadline Looms June 24, 2024 By Chris Prentice, Mike Spector and Allison Lampert U.S. prosecutors are recommending to senior Justice Department officials that criminal charges be brought against Boeing after finding the planemaker...
As Supreme Court Decisions Loom, a Legal Assault Is Weakening SEC’s Power June 12, 2024 By Chris Prentice and Michelle Price A legal assault on the U.S. Securities and Exchange Commission is chipping away at its powers to oversee Wall Street...
In Tesla Autopilot Probe, US Prosecutors Focus on Securities, Wire Fraud May 8, 2024 By Mike Spector and Chris Prentice U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’...
McKinsey Faces US Criminal Probe Over Opioids Work, Sources Say April 25, 2024 By Mike Spector, Nate Raymond and Chris Prentice McKinsey & Co is under criminal investigation in the United States over allegations that the consulting firm played a key...
US Justice Department to Meet Boeing Fatal Crash Victims’ Lawyers April 5, 2024 By Mike Spector, Chris Prentice and David Shepardson The U.S. Justice Department next week will meet with lawyers for families of victims of two fatal Boeing 737 MAX...
Bankrupt Crypto Lender Genesis to Pay $21M to Settle SEC Charges March 19, 2024 By Chris Prentice Genesis Global Capital LLC has agreed to pay a $21 million civil fine to settle charges that it illegally sold...