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...
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 DOJ Charges British Man Over ‘Hack-to-Trade’ Scheme October 2, 2024 By Jonathan Stempel A British man has been arrested and charged by U.S. authorities with hacking into the computers of five companies to...
Kansas Man Sentenced for Securities Fraud August 27, 2024 Kansas Insurance Commissioner Vicki Schmidt announced that a Wichita man has been sentenced to prison for securities fraud. Jesse Wayne...
Supreme Court to Hear Nvidia Bid to Scuttle Shareholder Lawsuit June 18, 2024 By John Kruzel The U.S. Supreme Court agreed on Monday to hear a bid by Nvidia to scuttle a securities fraud lawsuit accusing...
In Tesla Autopilot Probe, US Prosecutors Focus on Securities, Wire Fraud May 8, 2024 By Mike Spector and Chris Prentice U.S. prosecutors are examining whether Tesla committed securities or wire fraud by misleading investors and consumers about its electric vehicles’...
Supreme Court Won’t Hear Elon Musk Dispute Over SEC Settlement April 29, 2024 By John Kruzel The U.S. Supreme Court declined on Monday to hear Elon Musk’s bid to throw out part of a securities fraud...