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...
SolarWinds Beats Most of SEC Lawsuit Over Russia-Linked Cyberattack July 19, 2024 By Jonathan Stempel A U.S. judge dismissed most of a Securities and Exchange Commission lawsuit accusing software company SolarWinds of defrauding investors by...
Wall Street’s Top Regulator Faces Worsening Battle in Wake of Supreme Court Ruling July 2, 2024 By Chris Prentice and Pete Schroeder The Supreme Court’s move to curb federal agency powers could curtail efforts by the U.S. Securities and Exchange Commission to...
Supreme Court Curbs SEC’s In-House Judges in Fraud Cases June 27, 2024 By Greg Stohr and Lydia Beyoud The US Supreme Court curbed the Securities and Exchange Commission’s ability to press complaints before in-house judges, saying defendants have...
Exxon Suit Targeting Activist Group Arjuna Tossed by Judge June 19, 2024 By Rachel Graf and Ryan Autullo A federal judge dismissed a lawsuit by Exxon Mobil Corp. against Arjuna Capital after a lawyer for the activist investor...
As Supreme Court Decisions Loom, a Legal Assault Is Weakening SEC’s Power June 12, 2024 By Chris Prentice and Michelle Price A legal assault on the U.S. Securities and Exchange Commission is chipping away at its powers to oversee Wall Street...
SEC Fines NYSE Parent Intercontinental Exchange $10M Over Cyber Incident May 23, 2024 The company that runs global financial exchanges and clearing houses has agreed to a $10 million fine to settle charges...