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...
Founder of Crypto Lender Celsius Network Arrested, Charged With Fraud July 13, 2023 By Niket Nishant, Hannah Lang and Elizabeth Howcroft Alex Mashinsky, the founder and former CEO of bankrupt cryptocurrency lender Celsius Network, was arrested and charged with fraud, a...
New York Attorney Sentenced in Multi-Million Dollar Litigation Financing Scheme July 29, 2022 A disbarred New York lawyer was sentenced yesterday to 36 months in prison for defrauding investors in his now bankrupt...
Musk Appeals Ruling That Upheld Securities Fraud Settlement June 20, 2022 Tesla CEO Elon Musk is appealing a federal court ruling that upheld a securities fraud settlement over Musk’s tweets claiming...
Architect of Allianz Fraud Made $60 Million as He Lied to Investors, U.S. Says May 18, 2022 By Tom Sims and Alexander Huebner The star portfolio manager at the center of a fraud at the U.S. funds unit of Allianz SE relied on...
Martin Shkreli’s Law Firm Has Not Been Paid, Seeks to Withdraw April 13, 2022 By Jonathan Stempel The law firm that defended Martin Shkreli against antitrust charges said it has not been paid, and on Tuesday asked...