By Tom McParland | June 11, 2018
A Tesla Inc. investor has sued over Elon Musk's $2.6 billion-valued pay package in the Delaware Court of Chancery, calling the stock option a "massive, unfair and unprecedented" gift that would make the car manufacturer's CEO one of the richest public-company executives in the world.
By Ross Todd | June 7, 2018
The suit, brought under the California Corporations Code on behalf of a proposed class of California purchasers, seems designed to avoid the fate of a previously filed suit against Ripple which was removed to federal court this week.
By Ross Todd | June 4, 2018
Former SEC chair Mary Jo White and her enforcement chief Andrew Ceresney, both now at Debevoise, are representing the fintech company alongside co-counsel at Skadden, Arps, Slate, Meagher & Flom in a private investor suit claiming Ripple's XRP tokens are unregistered securities.
By Ben Hancock | June 1, 2018
Whether indirect investors in Theranos actually saw and relied on its PR messaging is an individualized inquiry, the judge ruled.
By Jared L. Kopel | May 18, 2018
The SEC's $35 million penalty in the Yahoo data breach shows that while a company presumably can delay some disclosures in order to investigate a data breach, the existence of an investigation itself does not excuse untimely disclosure.
By Ben Hancock | May 10, 2018
The head of the U.S. Securities and Exchange Commission's cyber unit said participants have been put on notice that more actions and penalties could be in store for violators.
By Ben Hancock | May 8, 2018
The case involves the third-largest cryptocurrency in the world, and could delve into questions of how a digital asset's decentralization (or lack thereof) impacts its legal status.
By Ben Hancock | May 4, 2018
It's the largest payment the bank has agreed to make so far since the scandal broke in 2016. But Wells Fargo is not out of the woods yet.
By Ross Todd | April 24, 2018
The company, now known as Altaba, has settled SEC claims that it misled investors about a 2014 data breach which affected more than 500 million user accounts.
By Ben Hancock | April 20, 2018
U.S. District Judge Richard Seeborg agreed that the first case to be filed against Tezos belongs back in San Francisco Superior Court, in light of a recent ruling by the U.S. Supreme Court on jurisdiction.
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