Articles Tagged with SEC

Binance customers sued Cristiano Ronaldo in Florida federal court, alleging he helped cryptocurrency exchange Binance sell unregistered securities.

Read More.
Posted in: Class-Actions, Securities Law, US Courts
Tagged: cryptocurrency, SEC, securities

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.

Read More.
Posted in: Administrative Law, Appeals, Business and Corporate Law, Constitutional Law, US Courts
Tagged: diversity, first amendment, Fourteenth Amendment, Nasdaq, SEC, Securities and Exchange Commission

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.

Read More.
Posted in: Business and Corporate Law
Tagged: Activision, Activision Blizzard, Microsoft, SEC, Shareholder lawsuits

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.

Read More.
Posted in: Criminal Law, Securities Law, US Courts
Tagged: Nikola, SEC, Securities and Exchange Commission, securities fraud, Trevor Milton, wire fraud

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

Read More.
Posted in: Business and Corporate Law, Internet Law
Tagged: business law, Elon Musk, SEC, Tesla, Twitter