Tesla Directors Pay $735M to Settle Shareholder Lawsuit Over Excess Compensation July 18, 2023 By Tom Hals Tesla Inc.’s directors will return $735 million to the company to settle claims they grossly overpaid themselves in one of...
Swiss Investor Group Lawsuit to Seek Compensation Over UBS-Credit Suisse Deal July 17, 2023 A Swiss investors’ association is planning to file a lawsuit seeking compensation for former Credit Suisse shareholders, the latest legal...
Former VW Executives Ordered to Testify in Investor Lawsuit July 11, 2023 By Karin Matussek A German court will call former Volkswagen AG executives as witnesses in a €9 billion ($9.8 billion) investor lawsuit over...
Ex-Audi Boss Becomes 1st VW Board Member Sentenced for Fraud in Diesel Scandal June 27, 2023 By Jörn Poltz Former Audi boss Rupert Stadler was handed a suspended sentence of one year and nine months by a Munich court...
JPMorgan Chase $290M Settlement With Epstein Accusers Wins Preliminary Approval June 27, 2023 A U.S. judge on Monday granted preliminary approval to JPMorgan Chase’s $290 million settlement with women who said Jeffrey Epstein...
Credit Suisse to Appeal Bermuda Court Ruling Against Georgia’s Ex-Prime Minister June 26, 2023 A Bermuda appeals court on Friday largely dismissed Credit Suisse’s appeal in an ongoing case involving the Swiss bank’s local...
Billionaire SPAC Kings Dragged to Court After Boom Goes Bust June 2, 2023 By Bailey Lipschultz The unwinding of the blank-check stock frenzy, one of the hottest pandemic-era trends on Wall Street, is playing out its...
Georgian Billionaire Wins $926M From Credit Suisse After Fraud May 26, 2023 By John Revill Credit Suisse was ordered to pay $926 million to Georgia’s former prime minister on Friday for losing part of his...
Towers Watson Hits Bump in Road to $80M Insurance for D&O Claims Over Willis Merger May 10, 2023 By Andrew G. Simpson A judicial panel of the Fourth Circuit Court of Appeals has ruled insurance broker Towers Watson may not be entitled...
Coinbase Executives Sued for Dumping Stock, Saving $1 Billion May 2, 2023 By Robert Burnson Coinbase Inc. Chairman and Chief Executive Officer Brian Armstrong, board member Marc Andreessen and other officers avoided more than $1...