Early on in the coronavirus pandemic, as governments scrambled to find rapid and reliable coronavirus tests, three states ended up turning to a small public company that just months earlier had no major customers and was losing millions of dollars.
We reported yesterday that Nikola may have used the customer deposits it was taking for the semi for "working capital" purposes, despite claiming in 2018 that it did not spend customer deposits.
Since launching its last major international expansion push in the late 1990s, Deutsche Bank has become knonw - particularly over the last ten years - for manipulating markets (most recently in the precious metals "spoofing" scandal in the US) ...
The federal regulator's San Francisco office is looking into the broker's failure to fully disclose, until 2018, that it was taking payments from high-speed trading firms and sending them its customers' orders, according to unnamed sources of the
Earlier in the summer, the NYSE had made a similar request. The move seems to indicate sure-fire demand to step away from traditional IPOs - and the high costs associated with the traditional method of going public...
Some of the biggest investors in the world would see their holdings "go dark" if the SEC implements a new rule concerning Form 13F disclosures that it has recently proposed.
It's pretty ironic that the SEC's punishment ended up indirectly generating over $50 million for Musk.
Elon Musk provoked the U.S. Securities and Exchange Commission in the course of taking a victory lap on Twitter over Tesla Inc.'s surging share price.
The dispute between Telegram and the U.S. Securities and Exchange Commission (SEC) is coming to a close as the final judgment has been filed. Telegram has been ordered to pay back $1.2 billion. The company must also pay the SEC a fine of $18.5 millio
DraftKings Inc. filed several Form 4s with the Securities and Exchange Commission this week regarding insider selling by the president of the company, Paul Liberman, and others.
Messaging service Telegram said on Tuesday it is abandoning its blockchain platform Telegram Open Network (TON) after a lengthy battle with the U.S. Securities and Exchange Commission (SEC).
As we noted earlier this month, the SEC has sought to proactively combat fraud related to the coronavirus/COVID-19 pandemic and related economic crisis by suspending the trading of at least eleven different companies since February 7, 2020. On Friday
The Securities and Exchange Commission announced April 24 that it has established an internal, cross-divisional group to assist in monitoring markets, issuers and investors.
For the first time, the LDS Church's biggest investment fund has disclosed its Wall Street holdings, revealing $37.8 billion in stocks and mutual funds.
The Securities and Exchange Commission has brought charges against a couple for orchestrating a $1 billion ponzi scheme involving alternative energy tax credits.
Topics include: 722 million? really? Bitclub, how it worked, Joby Weeks involvement probably not malicious, US citizen's involvement, Joby's wife has not heard from him, glowing character references for Joby, affiliate marketing, MLM does not mean a
As I walked out of the Cato auditorium an exceedingly polite, sympathetic woman named Valerie Szczepanik approached me and handed me her card. It identified her as being with the SEC. She told me that she was in charge of a group at the SEC which was
1) "Pariah for Life on Wall Street" In 2002 Overstock went public using the Hambrecht Dutch Auction method. How did that come about?
My intent in this piece is not to ask whether or not employees of the SEC trade on inside information...That's easy: they do.
Dear Erstwhile Teammates, As you will learn from an SEC filing today, over this past week all my shares in OSTK were sold. Before I left for Australia I put it all in the hands of Mr. Pettway (whom some of you know), for it had alre
A former Walt Disney Co. accountant says she has filed a series of whistleblower tips with the Securities and Exchange Commission alleging the company has materially overstated revenue for years.
Over the weekend, the late Friday headline snuck through that the SEC and Elon Musk had once again agreed to a settlement over Musk's use of Twitter, and the subsequent allegation that Musk should be held in contempt of court for violating a previous
The SEC asked the court to find Musk in contempt over their previous agreement. Instead, Musk is further muzzled.
This is the latest Elon Musk news today. Elon Musk made his court appearance on April 4, 2019 in a Manhattan courtroom. The ruling by the judge was for the SEC and Elon Musk to try and work things out over the next two weeks
Staff at the United States Securities and Exchange Commission (SEC) have published a framework to help market participants ascertain whether or not a digital asset is deemed to be an investment contract, and therefore a security.