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...
SEC Says JPMorgan Chase Settles Five Enforcement Cases, to Pay $151M November 4, 2024 By Jonathan Stempel JPMorgan Chase will pay $151 million to settle five U.S. Securities and Exchange Commission enforcement cases, including accusations that the...
SEC Accuses Four Firms of Downplaying SolarWinds-Related Hacks October 23, 2024 By Nicola M. White Four hacked companies will pay a total of almost $7 million to settle US Securities and Exchange Commission allegations that...
SEC to Increase Scrutiny of AI Tools Used by Financial Brokers, Advisers October 22, 2024 By Nicola M. White The US Securities and Exchange Commission’s examiners will step up scrutiny of financial firms’ use of artificial intelligence next year,...
SEC Intends to Seek Sanctions Against Elon Musk in Twitter Probe September 23, 2024 By Jonathan Stempel and Chris Prentice The U.S. Securities and Exchange Commission said on Friday it intends to seek sanctions against Elon Musk after he failed...
Keurig Agrees $1.5M SEC Fine Over Pod Recyclability Statements September 11, 2024 By Chris Prentice and Susan Heavey Keurig Dr Pepper Inc. agreed to pay a $1.5 million fine to settle U.S. Securities and Exchange Commission charges that...
SEC Hits 7 Companies With Penalties for Violating Whistleblower Protections September 11, 2024 By Chris Prentice Seven public companies agreed to pay a combined $3 million to settle U.S. Securities and Exchange Commission charges they violated...
SEC’s WhatsApp Probe Expands as Rating Agencies Hit With Fines September 4, 2024 By Lydia Beyoud Moody’s Corp., S&P Global Inc. and Fitch Ratings Inc. will pay a combined $48 million over allegations that the credit-rating...
FirstEnergy Corp. to Pay $20M to Settle Ohio Bribery Scheme August 15, 2024 The energy company at the center of a $60 million bribery scheme in Ohio will pay $20 million and avoid...
SEC Sues Over Alleged $650 Million Global Crypto Fraud August 13, 2024 By Jonathan Stempel The U.S. Securities and Exchange Commission on Monday sued the cryptocurrency company NovaTech and its married co-founders, saying they fraudulently...