By Maria Dinzeo | June 12, 2024
"It is critical for investors to beware of companies exploiting the fanfare around artificial intelligence to raise funds," SEC enforcement division director Gurbir Grewal said.
By Maria Dinzeo | June 12, 2024
"Never has there been such an egregious case of corporate scapegoating at the expense of shareholders," former Executive Chair Trevor Milton alleges in the complaint.
By Maria Dinzeo | June 6, 2024
A federal jury on Thursday found the British tech tycoon not guilty of 14 counts of wire fraud and one count of conspiracy.
By Maria Dinzeo | June 4, 2024
"Dr. Lynch essentially testified that he doesn't read his email," Assistant U.S. Attorney Robert Leach told the jury. "There's no reason to think he wasn't paying attention."
By Emily Saul | May 30, 2024
Trump, 77, was found guilty of 34 counts of falsifying business records. Prosecutors persuaded the jury that he conspired with others to "catch and kill" negative stories about himself during the 2016 presidential election cycle, thereby unlawfully influencing the election.
By Maria Dinzeo | May 30, 2024
"What we're looking at is the sausage-making that goes into every quarter and the stress that goes into sales," Autonomy CEO Michael Lynch said of internal emails expressing alarm about the company's progress closing deals.
By Maria Dinzeo | May 29, 2024
After HP fired CEO Leo Apotheker, there "was total chaos and paralysis for weeks," former Autonomy CEO Michael Lynch testified Tuesday. "There was no transition plan, no handing over of the Autonomy plan. It was back to square one."
By Patrick Smith | May 29, 2024
John Bostic spent nearly a decade as a federal prosecutor in Northern California, and he both investigated and tried Holmes and her Theranos co-leader Ramesh Balwani.
By Emily Saul | May 13, 2024
Cohen was paid $420,000 across 12 months in 2017, he testified. The payments were falsely billed as for "legal services rendered" and would be concealed given his new role as personal attorney to the president.
By Emily Saul | May 3, 2024
Former Trump Campaign Press Secretary Hope Hicks took the stand and told jurors media response to the "Access Hollywood" tape was so forceful it wiped news of a category four hurricane off the map.
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