US Supreme Court Tosses Case Involving Securities Fraud Suit Against Nvidia December 11, 2024 By John Kruzel The U.S. Supreme Court sidestepped on Wednesday a decision on whether to allow shareholders to proceed with a securities fraud...
Meta Must Face Investor Suit After Supreme Court Drops Case November 22, 2024 By Greg Stohr The US Supreme Court dismissed an appeal by Meta Platforms Inc., leaving it to face a lawsuit that accuses the...
US Supreme Court to Hear Facebook Bid to Escape Securities Fraud Suit November 8, 2024 By John Kruzel The U.S. Supreme Court is set on Wednesday to consider a bid by Meta’s Facebook to scuttle a federal securities...
Facebook, Nvidia Ask Supreme Court to Spare Them From Securities Fraud Suits November 4, 2024 By John Kruzel The U.S. Supreme Court is set to consider bids by two tech giants – Meta’s Facebook and Nvidia – to...
US Supreme Court to Hear Facebook Bid to Scuttle Shareholder Lawsuit June 10, 2024 By John Kruzel The U.S. Supreme Court agreed on Monday to hear a bid by Meta’s Facebook to scuttle a private securities fraud...
Elon Musk Must Face Fraud Lawsuit for Disclosing Twitter Stake Late October 4, 2023 By Jonathan Stempel Elon Musk was ordered by a U.S. judge to face most of a lawsuit claiming he defrauded former Twitter shareholders...
Wells Fargo to Pay $1 Billion in Class-Action Lawsuit May 16, 2023 By Robert Burnson Wells Fargo & Co. agreed to pay $1 billion to settle a shareholder lawsuit that accused it of making misleading...
First Republic, KPMG Are Sued for Concealing Bank’s Risks April 25, 2023 By Jonathan Stempel First Republic Bank has been sued by shareholders who accused the beleaguered U.S. regional bank of concealing how rising interest...
Signature Bank Hit With Investor Suit Over Failure March 15, 2023 By Patricia Hurtado Signature Bank was hit with its first investor suit since the bank went into receivership Sunday, accused of making misleading...
Richard Branson Must Face Lawsuit in U.S. Over Virgin Galactic Space Travel Problems November 8, 2022 By Jonathan Stempel A U.S. judge on Monday said British billionaire entrepreneur Richard Branson must face shareholder claims he concealed problems in Virgin...