Articles Tagged with SEC

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.


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.


The lawsuit seeks to prevent the Tesla CEO from using social media to make misleading statements about the company.