Coinbase, SEC on Collision Course for ‘Existential’ Clash Over Crypto Industry March 24, 2023 By Chris Prentice and Hannah Lang Coinbase debuted on the U.S. stock market on April 14, 2021 – the same day U.S. senators confirmed Gary Gensler...
Justice Dept Wants Execs to Foot Bill for Corporate Misconduct March 6, 2023 By Chris Prentice and Karen Freifeld The U.S. Justice Department is rolling out a new policy aimed at pushing the cost of corporate crime into the...
SEC Charges McDonald’s Ex-CEO for Misrepresentations to Investors January 10, 2023 By Chris Prentice The U.S. Securities and Exchange Commission on Monday charged former McDonald’s Corp Chief Executive Stephen Easterbrook with making false and...
Wells Fargo to Pay $3.7B for Illegal Conduct That Harmed Customers December 21, 2022 By Chris Prentice and Hannah Lang The U.S. Consumer Financial Protection Bureau hit Wells Fargo & Co. with the watchdog’s largest ever civil penalty on Tuesday...
Toymaker Mattel Agrees to Pay $3.5M to Settle SEC Charges October 24, 2022 By Chris Prentice California-based Toymaker Mattel Inc has agreed to pay $3.5 million to settle U.S. Securities and Exchange Commission (SEC) charges over...
SEC Sues Brazilian Miner Vale Over ‘False and Misleading’ Claims About Safety of Dams April 29, 2022 By Chris Prentice The U.S. Securities and Exchange Commission (SEC) on Thursday sued Brazilian miner Vale for allegedly making false and misleading disclosures...
U.S. SEC Proposes Boosting Blank-Check Company Disclosures, Liability March 30, 2022 By Katanga Johnson and Chris Prentice Proposal requires SPACs disclose conflicts during, after listing Disclosures must be issued at least 20 days before deal vote Rule...
U.S. Attorney General: Prosecuting Individuals Is Top Priority in Policing Corporate Crime March 4, 2022 By Chris Prentice The U.S. Justice Department’s top priority in rooting out corporate malfeasance is to hold individuals accountable, Attorney General Merrick Garland...
Whistleblower Claim Prompts SEC Probe of Tesla Over Solar Panel Fire Risks December 8, 2021 By Hyunjoo Jin and Chris Prentice The U.S. securities regulator has opened an investigation into Tesla Inc. over a whistleblower complaint that the company failed to...
SEC Eyes Clawbacks of Executives’ Pay in Cases of Misconduct October 25, 2021 By Chris Prentice The new Democratic leadership of the U.S. securities watchdog has a message for Corporate America’s highly paid executives: if your...