Musk Can’t Escape Investor Suit Over Flip-Flop on Twitter Buyout December 12, 2023 Elon Musk must face a Twitter investor lawsuit that accuses him of fueling uncertainty about his proposed buyout in an...
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...
Appeals Court Won’t Revisit Towers Watson $80M D&O Denial for Willis Merger Lawsuits June 7, 2023 By Andrew G. Simpson A federal appeals court has denied insurance broker Towers Watson a rehearing of a May ruling that found it may...
Fed Report on SVB Collapse Could Buoy Shareholder Lawsuits May 1, 2023 By Jack Queen A scathing Federal Reserve report on the collapse of Silicon Valley Bank released on Friday could be a boon to...
Tesla’s Elon Musk Found Not Liable in Trial Over 2018 ‘Funding Secured’ Tweets February 6, 2023 By Jody Godoy A U.S. jury on Friday found Tesla Inc. CEO Elon Musk and his company were not liable for misleading investors...
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...