Rio Tinto Reaches $138.75M Settlement With Investors Over Mongolian Mine June 20, 2025 By Clara Denina and Jonathan Stempel Rio Tinto agreed to pay $138.75 million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors...
Delaware Bill Would Limit Investor Lawsuits as Companies Consider Exiting State February 18, 2025 By Tom Hals Delaware lawmakers on Monday proposed changes to the U.S. state’s widely used corporate law that would limit shareholder lawsuits after...
Ex-Allianz Fund Manager Avoids Jail Over $3 Billion Collapse December 9, 2024 By Bob Van Voris A former Allianz SE hedge-fund manager avoided prison and will instead spend 18 months in home confinement for fraudulently inflating...
Dish Network in Talks With Investors to Settle Lawsuit September 6, 2024 Dish Network Corp., the ailing satellite-TV provider with more than $20 billion in debt, is in talks with a group...
Musk Accused of $7.5 Billion of Insider Trades in Investor Suit June 3, 2024 By Jef Feeley Elon Musk had inside knowledge of a miss on production and delivery numbers that Tesla Inc. was facing when he...
Standard Chartered Faces £1.5 Billion UK Claim in Iran Sanction Case April 24, 2024 By Upmanyu Trivedi Standard Chartered Plc is facing about £1.5 billion ($1.9 billion) worth of investor claims at a London trial over allegations...
FTX Investors Sue Sullivan & Cromwell, Say Law Firm Aided Fraud February 20, 2024 By Justin Wise FTX investors sued Sullivan & Cromwell, accusing the law firm of aiding illicit schemes that helped advance a multi-billion dollar...
FTX Investors Shift Focus to Celebrity Endorsers After SBF Conviction November 7, 2023 By Malathi Nayak Sam Bankman-Fried’s criminal fraud conviction came just as the FTX implosion was approaching its first anniversary. But for others who...
Adidas Sued by Investors Over Broken Ye Partnership May 1, 2023 Adidas AG was sued by investors who claim the German sports giant knew about risks of its partnership with the...
Paramount Directors Agree to $168 Million Settlement Over Merger April 24, 2023 By Jef Feeley Paramount Global directors agreed to a $167.5 million settlement of investors’ lawsuits over the controversial 2019 merger of CBS Corp....