A brief filed by eight attorney generals in SEC litigation involving a crypto exchange argues that the agency exceeded the scope of the authority delegated by Congress.
Articles Tagged with SEC
State Attorney Generals Question SEC Authority to Regulate Cryptocurrencies
Cristiano Ronaldo Sued for $1 Billion Over Binance Promotion
Binance customers sued Cristiano Ronaldo in Florida federal court, alleging he helped cryptocurrency exchange Binance sell unregistered securities.
Nasdaq Diversity Rule Upheld by Fifth Circuit
The Fifth Circuit on Wednesday upheld a Nasdaq rule requiring companies listed on its exchange to have women and minority directors on their boards or provide an explanation as to why they do not.
New York City Pension Groups Sue Activision
Five New York City pension groups that own stock in Activision Blizzard sued the company over concerns that it undervalued itself in a wrongful and rushed sale to Microsoft.
Posted in:
Business and Corporate Law
Nikola Founder and Former CEO Charged in Securities Fraud Scheme
The founder and former CEO of Nikola Corporation, a Tesla competitor, was charged in a securities fraud scheme in the Southern District of New York on Thursday. Trevor Milton is accused of defrauding and misleading investors about the development of his company’s products and technologies in order to drive investor demand.
Tesla Investors Sue Elon Musk for Controversial Use of Twitter
The lawsuit seeks to prevent the Tesla CEO from using social media to make misleading statements about the company.
Posted in:
Business and Corporate Law, Internet Law
