Parent of Silicon Valley Bank Seeks Bankruptcy Protection March 20, 2023 The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection. SVB...
Delaware Court Dismisses Shareholder Suit over McDonald’s Sexual Harassment Policies March 2, 2023 A Delaware Court on Wednesday dismissed a shareholder lawsuit filed against McDonald’s Corp. and its board of directors, finding the...
Jury: Musk Didn’t Defraud Investors with 2018 Tesla Tweets February 6, 2023 By Michael Liedtke SAN FRANCISO (AP) — A jury on Friday decided Elon Musk didn’t defraud investors with his 2018 tweets about electric...
Elon Musk’s Tesla Tweet Trial Delves into Investor Damages February 2, 2023 SAN FRANCISCO (AP) — An Elon Musk tweet declaring he had the financing to take Tesla private in 2018 caused...
Shareholders Can Sue McDonald’s Ex-Executive in Landmark Ruling January 26, 2023 By Tom Hals WILMINGTON, Del. —Shareholders can sue McDonald Corp’s former global chief people officer for the damage they claim he caused to...
Fla. Homeowners Association Board Members Arrested on Fraud Charges November 17, 2022 By Staff and wire report Current and former Board members at Florida’s largest homeowners’ association were arrested Tuesday, charged with taking millions of dollars from...
Dell Reaches $1 Billion Settlement over Disputed 2018 Stock Swap November 17, 2022 By Jonathan Stempel Dell Technologies Inc. on Wednesday said it reached a $1 billion settlement of a lawsuit accusing it of short-changing some...
PLUS Panelists: New SEC Disclosure Rules May Drive Up D&O Claims November 10, 2022 By Jim Sams SAN DIEGO — New rules proposed by the US Securities and Exchange Commission on cybersecurity and climate impact disclosures may...
Watchdog Head: Fines May Not Stop Bad Behavior by Companies July 29, 2022 By Ken Sweet NEW YORK (AP) — The head of the nation’s financial watchdog is having second thoughts about how useful fines are...
Tesla Stockholders Ask Judge to Silence Musk in Fraud Case April 19, 2022 By Tom Krisher DETROIT (AP) — A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company...