DETROIT (AP) — A federal judge has rejected Elon Musk’s bid to throw out a securities fraud settlement over tweets claiming that Musk had the funding to take Tesla private in 2018.
Judge Lewis Liman on Wednesday also denied a motion to nullify a subpoena of Musk seeking information about possible violations of his settlement with the U.S.
Electric and hydrogen-powered truck startup Nikola has agreed to a $125 million settlement over charges that it defrauded investors after misleading them about its products, technical advances, and financial prospects.
WASHINGTON (AP) — The Supreme Court on Monday rejected an appeal from a former business partner of presidential son Hunter Biden who was seeking to overturn his criminal conviction for securities fraud.
LAS VEGAS (AP) — A federal judge in Nevada has revived elements of a securities fraud lawsuit seeking class-action status for allegations that executives at Wynn Resorts Ltd. knew about, but disregarded, reports of sexual harassment and misconduct against company founder Steve Wynn.
AUSTIN, Texas (AP) — George P. Bush on Wednesday launched his next political move: a run for Texas attorney general in 2022 that puts the scion of a Republican dynasty against a GOP incumbent shadowed by securities fraud charges and an FBI investigation.
COLUMBUS, Ohio (AP) — An Ohio woman who fled the United States for Mexico ahead of her sentencing in one of the biggest corporate fraud cases in decades is asking for early release from prison, citing poor health and fear of contracting the coronavirus behind bars...
WASHINGTON (AP) — The public impeachment inquiry hearings set to begin Wednesday will pit a Democratic attorney who built his reputation as a federal mob and securities fraud prosecutor against a GOP House Oversight investigator who helped steer some of the most notable probes of the Obama administration...
DETROIT (AP) — Tesla CEO Elon Musk should not be found in contempt of court because he has complied with the terms of a securities fraud settlement, his attorneys wrote in documents filed Monday night with the U.S.
DETROIT (AP) — U.S. securities regulators are asking a federal court to oust Tesla Inc.'s Elon Musk as chairman and CEO, alleging in a complaint that he committed securities fraud with false statements about plans to take the company private...
NEW YORK (AP) — The smirk wiped off his face, a crying Martin Shkreli was sentenced to seven years in prison for securities fraud Friday in a hard fall for the pharmaceutical-industry bad boy vilified for jacking up the price of a lifesaving drug...
NEW YORK (AP) — A lawyer accused of helping pharmaceutical entrepreneur Martin Shkreli cover up financial fraud was convicted on Wednesday, a result a prosecutor said should send a "powerful message" through the legal profession...
NEW YORK (AP) — A judge jailed former pharmaceuticals company CEO Martin Shkreli on Wednesday after finding that he violated his bail on a securities fraud conviction with a social media posting she agreed posed a threat to Hillary Clinton...
NEW YORK (AP) — Less than an hour after a U.S. jury convicted Martin Shkreli of securities fraud, the so-called "Pharma Bro" was back at his New York City apartment doing what comes naturally: trash talking in a live-stream on YouTube...
NEW YORK (AP) — "Pharma Bro" Martin Shkreli has kept up his trademark trolling on social media during his securities fraud trial — calling the case "bogus" — but the jury won't hear him defend himself in court.
NEW YORK (AP) — Jury selection at the securities fraud trial of a former pharmaceutical CEO notorious for price-gouging hit a rough patch on Tuesday as the court struggled to pick a pool of prospective jurors who could ignore a swirl of bad publicity for the defendant...
NEW YORK (AP) — Several potential jurors at the federal securities fraud trial of Martin "Pharma Bro" Shkreli were excused on Monday after telling the judge they couldn't be impartial toward the flamboyant former pharmaceutical CEO because of his notoriety for raising the cost of a life-saving drug 5,000 percent...
NEW YORK (AP) — Jordan Belfort insists he's a changed man.
The old Belfort was a notorious stock swindler who squandered profits from a boiler-room, "pump and dump" scheme on cocaine, prostitutes and other excesses — a story that became basis for two memoirs and "The Wolf of Wall Street," an upcoming movie starring Leonardo DeCaprio.