A new whistleblower alleges Telsa failed t0 disclose unauthorized spying activities on its employees’ electronic devices by a notorious team of former Uber security agents, or to acknowledge theft of materials from the company’s factory.
The SEC is looking into whether Musk intentionally misled investors in a bid to hurt short sellers by driving up the price of Tesla’s stock.
Tesla has received a subpoena from the SEC following Elon Musk’s tweet about taking the electric vehicle company private, reports say.
Members of the board of directors for Elon Musk’s Tesla were reportedly “totally blindsided” by the CEO’s tweets suggesting that he had funding secured to take the company private.
Various tech and business analysts are calling out Elon Musk on just how “secured” his funding for a potential deal to take Tesla private again actually is.
MarketWatch published an opinion piece recently titled “Elon Musk’s Plan to Take Tesla Private is a Pipe Dream” which alleges that the Tesla CEO’s plan to take his electric-car company private is extremely unlikely to go ahead.
Tesla co-founder and CEO Elon Musk admitted Monday that his claim of “funding secured” did not mean that he had a deal in place to fund a private buyback of the electric car company’s outstanding stock.
Musk found himself the subject of two lawsuits, an SEC inquiry, and much ridicule after claiming he secured funding for taking Tesla private.
According to a report from Fortune, Elon Musk may face SEC trouble for blocking naysayers, critics, and journalists on Twitter.
After Elon Musk’s remarks about taking Tesla private, the SEC was already examining “public pronouncements,” about the embattled electric car company’s “manufacturing goals and sales targets.”
Tesla’s board members are reportedly meeting with bankers next week to flesh out plans to take the embattled electric car company private.
The SEC has launched an inquiry after Tesla CEO Elon Musk tweeted his desire to take his embattled electric vehicle company private.
The FBI, SEC, and Justice Department have joined a federal probe into Facebook’s user data scandal which saw the personal info of 87 million users allegedly shared without their explicit consent.
Equifax has revealed that passport details and driver’s licenses were also stolen on top of a wide array of other information in the massive 2017 data breach the company suffered.
Lawyers for Jay-Z told a judge that the Securities and Exchange Commission has gone on a “celebrity hunt” by demanding the rapper submit to unlimited questioning beginning Friday about a company to which he sold his apparel business more than a decade ago.
The CEO of blood-testing company Theranos, Elizabeth Holmes, has been charged alongside the company’s former President Ramesh Balwani with “elaborate, years-long fraud” by the Securities and Exchange Commission.
President Donald Trump’s pushback against Chinese takeover of U.S. industry is in full swing as the Securities and Exchange Commission (SEC) has officially blocked an effort by China to buy the Chicago Stock Exchange.
Five companies involved in Vermont’s Jay Peak ski and water park development reached a $225,000 settlement with the Securities and Exchange Commission (SEC) Wednesday as part of the ongoing EB-5 “golden visa” fraud case against the development’s owner, according to a report by Law 360.
Intel CEO Brian Krzanich may face a lawsuit or other legal problems due to his stock sales before the Meltdown CPU bug was revealed, according to legal experts.
As Elon Musk and his companies — Tesla, SpaceX, and The Boring Company — enter a sure to be turbulent 2019, Breitbart News has chosen to reflect on just a few of Elon Musk’s biggest fails throughout 2018.
Bitcoin’s 3,000 percent profit, heavily concentrated ownership, and thin trading markets could be setting up the first crypto-currency for a manipulative “pump and dump” disaster.
Bret Bielema was welcomed to Arkansas by thousands of fans during a Razorbacks basketball game, and in return he promised to deliver the school’s first Southeastern Conference football championship.
Kerryon Johnson and the Auburn Tigers delivered an emphatic statement to the rest of the Southeastern Conference: Don’t forget us.
The U.S. Justice Department has reportedly opened a criminal investigation into the sale of Equifax stock by high-ranking executives just days before the company revealed they had been the subject of a massive data breach.
Standing 6’4 and weighing in at 286, Jaheim Oatis has become one of the most sought after recruits in the SEC.
Sen. Joe Manchin (D-WV), a West Virginia Democrat up for re-election next year, is urging President Donald Trump’s administration to block the sale of the Chicago Stock Exchange to Chinese investors.
The Tesla Model 3 sedan is on track to introduce the world’s top safety features — if the company doesn’t collapse financially before many of the cars reach the market.
A federal district judge nominated by President Obama has dismissed the U.S. Securities and Exchange Commission’s entire civil securities fraud case against Texas Attorney General Ken Paxton. The judge dismissed the case with prejudice.
Started by two roommates in a Stanford dorm in 2011, Snapchat’s parent, Snap, Inc., filed with the SEC last week for a $3 billion initial public offering (IPO), but admit the company may never make a profit.
Lawyers for Texas Attorney General Ken Paxton have filed a motion asking a federal judge to stop the U.S. Securities and Exchange Commission’s (SEC) continued harassment and fishing expedition where there is no evidence.
President-elect Donald Trump confirmed reports that he would choose Wall Street lawyer Jay Clayton as Chairman of the Securities and Exchange Commission.
Given that the Donald Trump victory already made Yahoo less attractive for Verizon, the latest billion-account-hack at Yahoo could let Verizon dump their buy-out and still collect a $145 million break-up fee.
The College Football Playoff Selection Committee released its first set of rankings on Tuesday. For the most part it looked the way we expected it to look, with one very notable exception, but more on that in a minute.
A federal judge hearing the case from the Securities and Exchange Commission (SEC) against Texas Attorney General Ken Paxton said he wonders if the prosecution is trying to fit a “square peg in a round hole.”
Disgraced Theranos Inc. founder and CEO Elizabeth Holmes has resigned from President Barack Obama’s Presidential Ambassadors for Global Entrepreneurship advisory board.
The Securities and Exchange Commission has opened an investigation regarding Tesla Motors Inc. potentially breaching U.S. securities laws by failing quickly to disclose that a Model S driver died watching a Harry Potter DVD with the car’s autopilot engaged.
A lawyer who previously served as the chief litigator in the enforcement division at the Securities and Exchange Commission (SEC), filed a motion to dismiss the SEC civil lawsuit against Texas Attorney General Ken Paxton on Thursday. He writes, “In short, the SEC’s claims against Mr. Paxton are a dramatic overreach and lack any basis in law.”
The once $9-billion-valued Theranos appears to have admitted that its blood test data was faulty and is moving to restate two years of test results for 3 million patients.
On Thursday, medical testing company Theranos announced the departure of its president and chief operations officer, Sunny Balwani, even as a swarm of federal and state regulatory agencies descend upon the company.
The U.S. Attorney’s Office and Securities and Exchange Commission (SEC) have opened criminal and civil probes into blood-testing company Theranos, just days after reports that the Centers for Medicare & Medicaid Services were proposing to shutter its labs and ban its founder from the medical testing business.
