Musk Loses Bid to Thwart Investor Suit Over Twitter Purchase March 31, 2025 By Malathi Nayak Elon Musk failed to fend off an investor lawsuit claiming he manipulated the stock price of Twitter Inc. months before...
Elon Musk Sued for $258 Billion Over Alleged Dogecoin Pyramid Scheme June 17, 2022 By Jonathan Stempel Elon Musk was sued for $258 billion on Thursday by a Dogecoin investor who accused him of running a pyramid...
Deutsche Bank Investors Can Sue in U.S. Over Epstein, Russian Oligarch Ties June 14, 2022 By Jonathan Stempel A U.S. judge on Monday said shareholders can sue Deutsche Bank for allegedly hiding shortfalls in its internal controls while...
Arkansas Teachers Fund Agrees to $643M Settlement With Allianz Over Losses March 3, 2022 A pension fund for teachers in Arkansas has settled with Allianz and dropped its lawsuit over losses in a multibillion-dollar...
Major Investors to Settle, End Suits Against Allianz Over Losses in Funds Collapse March 1, 2022 By Tom Sims and Jonathan Stempel A number of big investors on Monday filed to end their lawsuits against Allianz after a settlement was reached over...
Judge Rules Goldman Sachs Must Again Face 2008 Securities Fraud Class Action December 9, 2021 By Jonathan Stempel Goldman Sachs Group Inc .must again face a class action by shareholders who said they lost $13 billion because the...
Judge Says Wells Fargo Must Face Shareholder Fraud Claims October 1, 2021 By Jonathan Stempel A federal judge on Thursday rejected Wells Fargo & Co’.s bid to dismiss a lawsuit claiming it defrauded shareholders about...
Trial Asks the $2 Billion Question: Does Musk Control Tesla? July 12, 2021 By Tom Hals Does Elon Musk control Tesla Inc. or does Tesla control Elon Musk? More than $2 billion hinges on that question...
Suit Claims Owners Drove Brooks Brothers to Bankruptcy to Avoid Paying Investor May 20, 2021 By Jonathan Stempel and Claudia Cristoferi The billionaire Italian family that until recently owned Brooks Brothers has been accused in a lawsuit of driving the iconic...
Judge Rules Former CBS Shareholders Can Sue Over ViacomCBS Merger January 28, 2021 By Jonathan Stempel A Delaware judge on Wednesday said former CBS shareholders may pursue a lawsuit accusing Shari Redstone, the daughter of late...