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.
Articles Tagged with SEC
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.
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