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...
Tesla’s Elon Musk Found Not Liable in Trial Over 2018 ‘Funding Secured’ Tweets February 6, 2023 By Jody Godoy A U.S. jury on Friday found Tesla Inc. CEO Elon Musk and his company were not liable for misleading investors...
Securities Fraud Trial Over Elon Musk’s 2018 Tweets Draws to a Close February 3, 2023 By Jody Godoy A lawyer for Tesla Inc. shareholders who claim Elon Musk deceived them when he tweeted that he had secured funding...
Tesla, Musk Face Trial in Shareholder Case Over 2018 Tweets January 17, 2023 By Jody Godoy Elon Musk and Tesla Inc. are set to go to trial in San Francisco on Tuesday in a case where...