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...
SEC Sues Elon Musk Over Late Disclosure of Twitter Stake January 15, 2025 By Jonathan Stempel Elon Musk was sued on Tuesday by the U.S. Securities and Exchange Commission, which accused the world’s richest person of...
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...
Elon Musk Loses Bid to End SEC ‘Muzzle’ Over Tweets May 16, 2023 By Jonathan Stempel A federal appeals court on Monday rejected Elon Musk’s bid to modify or end his 2018 securities fraud settlement with...
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...
Judge Rules Goldman Sachs Must Again Face 2008 Securities Fraud Class Action December 9, 2021 By Jonathan Stempel Goldman Sachs Group Inc .must again face a class action by shareholders who said they lost $13 billion because the...
Appeals Court Delays SEC-Citigroup Securities Fraud Case December 28, 2011 By Jonathan Stempel The U.S. Securities and Exchange Commission won a delay in its securities fraud lawsuit against Citigroup Inc, as the regulator...
Vivendi Wins Narrowing of $9 Billion U.S. Investor Lawsuit February 23, 2011 By Jonathan Stempel Vivendi SA won a big court victory when a federal judge slashed potential damages in a $9.3 billion lawsuit accusing...
Allstate Sues JPMorgan Over Mortgage Securities Losses February 17, 2011 By Jonathan Stempel Allstate Corp. sued JPMorgan Chase & Co. on Wednesday to recover losses after the bank allegedly misrepresented the risks on...