Bankman-Fried Acknowledges ‘Mistakes’ But Testifies He Did Not Defraud Anyone October 27, 2023 By Jody Godoy and Luc Cohen Sam Bankman-Fried, testifying in his own defense at his fraud trial on Friday, acknowledged that a “lot of people got...
Conservatives Challenging Nasdaq Board Diversity Rule Appeal to Full 5th Circuit October 26, 2023 By Jody Godoy A conservative group that lost a challenge to Nasdaq’s board diversity disclosure rule appealed the decision on Wednesday, requesting a...
Appeals Court Upholds Nasdaq Board Diversity Rule October 19, 2023 By Jody Godoy A U.S. appeals court upheld Nasdaq’s board diversity rule on Wednesday, requiring companies listed on the exchange to have women...
Bankman-Fried Was ‘Math Nerd’ Who Overlooked Risk Management October 5, 2023 By Luc Cohen and Jody Godoy Sam Bankman-Fried’s lawyer laid out his defense case at his fraud trial on Oct. 4, portraying the 31-former billionaire as...
US Supreme Court Takes Up Case Over Corporate Trend Disclosures September 29, 2023 By Jody Godoy The U.S. Supreme Court on Friday agreed to consider whether shareholders can sue companies for fraud when they flout a...
Judge Rules Against Consumer-Watchdog Anti-Discrimination Effort September 11, 2023 By Jody Godoy A federal judge has ruled that the U.S. Consumer Financial Protection Bureau (CFPB) does not have broad authority to tackle...
Conservative Starbucks Investor Loses Diversity Challenge August 14, 2023 By Jody Godoy A U.S. judge on Friday dismissed as frivolous a conservative activist investor’s lawsuit against Starbucks’ board for the coffee chain‘s...
FTX Celebrity Promoters Say Crypto Investors Cannot Sue Over Accounts April 18, 2023 By Jody Godoy Celebrities who promoted FTX, including NFL quarterback Tom Brady and comedian Larry David, said an investor lawsuit seeking damages in...
HP Must Face Shareholder Lawsuit Over Sales, Appeals Court Rules April 12, 2023 By Jody Godoy A U.S. appeals court on Tuesday revived a lawsuit alleging HP Inc. defrauded shareholders by secretly using unprofitable tactics to...
Wells Fargo to Pay $300M to Settle Suit Over Auto Insurance Disclosures February 8, 2023 By Jody Godoy Wells Fargo & Co. agreed to pay $300 million to settle a shareholder lawsuit claiming the bank hid that it...