Investors Sue Deutsche Bank, Executives Over Compliance Fine Linked to Epstein July 17, 2020 FRANKFURT/NEW YORK— Investors are suing Deutsche Bank and its CEO Christian Sewing, alleging the bank made false and misleading statements...
Supreme Court Upholds But Curbs SEC’s Power to Force Ill-Gotten Gains in Fraud Cases June 22, 2020 By Lawrence Hurley and Andrew Chung The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission’s practice of forcing defendants to surrender...
Musk Holds Out As Other Tesla Directors Settle Investors’ SolarCity Claims for $60M January 30, 2020 By Jef Feeley and Dana Hull All Tesla Inc. directors except Chief Executive Officer Elon Musk agreed to a $60 million settlement to resolve shareholder lawsuits...
Exxon Faces Trial Over Claim It Misled Investors About Climate Change Risks October 22, 2019 By Brendan Pierson Exxon Mobil Corp. on Tuesday will face trial in a lawsuit by New York’s attorney general accusing it of misleading...
Investors Sue Lyft, Alleging IPO ‘Overhyped’ April 18, 2019 By Robert Burnson Lyft Inc. was sued by investors who claim the ride-sharing company overstated its market position when it went public last...
More Compensation Disclosure Doesn’t Settle Goldman Investor’s Claim October 24, 2018 By Jef Feeley A bid by Goldman Sachs Group Inc. to settle a lawsuit over how much it pays directors was rejected by...
First Facebook Investor Suit Filed Over Plunge in Shares July 30, 2018 By Jonathan Stempel Facebook Inc. and its chief executive Mark Zuckerberg were sued on Friday in what could be the first of many...
Investor Lawsuit Against SeaWorld Dismissed April 18, 2016 By Mike Schneider A judge in southern California has dismissed a securities fraud lawsuit brought by investors in SeaWorld Entertainment, Inc. who claimed...
Shareholders Sue Trinity Over Guardrail Safety Disclosure April 29, 2015 By Patrick G. Lee Trinity Industries Inc. was sued by shareholders alleging the company failed to disclose it made changes to its guardrail safety...
Judge Denies Delay of BofA Directors’ $20 Million Settlement Over Merrill May 15, 2012 By Jonathan Stempel A U.S. federal judge in New York on Monday refused to delay the approval process for a controversial $20 million...