Tesla, Musk Face Trial in Shareholder Case Over 2018 Tweets January 17, 2023 By Jody Godoy Elon Musk and Tesla Inc. are set to go to trial in San Francisco on Tuesday in a case where...
Shareholders Sue Southwest Airlines Over Flight Meltdown January 13, 2023 By Jonathan Stempel Shareholders filed a lawsuit against Southwest Airlines Co. on Thursday, accusing the carrier of fraudulently concealing problems that led last...
Deutsche Bank in $26.3M Shareholder Settlement Over Epstein, Russian Oligarch Ties September 26, 2022 By Jonathan Stempel Deutsche Bank AG agreed to pay $26.25 million to settle a U.S. shareholder lawsuit accusing the German bank of lax...
Judge Dismisses Shareholder Lawsuit Against Danske Bank and Officers August 25, 2020 By Jonathan Stempel A U.S. judge on Monday dismissed a lawsuit accusing Denmark’s Danske Bank A/S and four former top executives of defrauding...
Tesla Pays CEO Musk Nearly $1M for Controversial D&O Insurance Arrangement July 1, 2020 By Dana Hull Tesla Inc. is making a one-time payment of almost $1 million to Chief Executive Officer Elon Musk related to a...
Willis Towers Watson Faces Shareholder Lawsuits in U.S. Over Sale to Aon June 8, 2020 By Andrew G. Simpson There have been at least three shareholder lawsuits filed over the mega-deal that would have insurance broker Aon acquire rival...
CEO Musk Replaces Tesla’s D&O Policy with ‘Personal Coverage’ May 1, 2020 By Andrew G. Simpson Tesla founder and CEO Elon Musk is getting into the insurance business again, sort of. Musk has cancelled his company’s...
Canada’s Manulife Seeks Dismissal of Court Case Filed by Hedge Fund October 31, 2018 Canadian insurer Manulife Financial Corp said on Tuesday it would ask a court in Saskatchewan to dismiss claims made against...
Canada’s Manulife Faces Investor Backlash over Failure to Disclose Ongoing Court Case October 15, 2018 By Matt Scuffham Canada’s biggest life insurer is under pressure from shareholders to explain why it failed to disclose details of an ongoing...
Tesla CEO Musk Just Made It Easier for Shareholders to Sue: Viewpoint August 14, 2018 By Alison Frankel On Monday morning, six days after Tesla CEO Elon Musk tweeted that he was thinking about taking the company private...