– Shares of Tesla Inc rallied on Wednesday ahead of the electric car maker’s quarterly report after the bell, with investors focused on how quickly the company can scale production…
By Simon Jessop and Kate Abnett – The European Commission’s draft proposal that natural gas and nuclear energy should be labelled as green investments has split money managers. Below are…
– Unilever unveiled plans on Tuesday to cut about 1,500 management jobs in an overhaul aimed at easing shareholders’ concerns after a failed acquisition and news an activist investor had…
By Gertrude Chavez-Dreyfuss NEW YORK – Worries over a more hawkish Federal Reserve are roiling asset markets around the globe, and this week’s monetary policy meeting may offer insight into…
The stock and oil markets surged Monday as investors brushed aside concerns that the Omicron variant of COVID-19 would slow economic growth in the near future. The S&P index, which…
Electric truck manufacturer Nikola announced Tuesday it had settled fraud charges with the Securities and Exchange Commission (SEC), agreeing to pay the regulator $125 million. The settlement is in response…
A group of activist investors are pressuring major tech companies to overhaul their culture and business structure, proposing shareholder resolutions aimed at reorganizing senior leadership, ending certain business practices and…
CHICAGO — The owner of a cannabis company has been charged in federal court in Chicago with swindling investors out of more than $950,000. GEOFFREY THOMPSON, 53, of Naples, Fla.,…
Acting United States Attorney Richard G. Frohling of the Eastern District of Wisconsin announced that on November 16, 2021, a federal grand jury indicted David O. Braeger (age: 54), of…
CHICAGO — A Chicago businessman who claimed to earn substantial profits from buying and selling heavy industrial equipment has been indicted on federal fraud charges for allegedly swindling customers and…
PITTSBURGH, PA – A resident of Greene County pleaded guilty in federal court to a charge of conspiracy to commit mail fraud and wire fraud, Acting United States Attorney Stephen…
A group of cryptocurrency investors are planning on buying a copy of the U.S. Constitution at a Sotheby’s auction Thursday. The group, known as ConstitutionDAO, is a ‘decentralized autonomous organization’…
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 ROCHESTER, NY – U.S. Attorney Trini E. Ross announced today that John Piccarreto, Jr., 38, of Rochester, NY, who was convicted of conspiracy…
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that Brian L. Schumacher, 57, of Penfield, NY, who was convicted of conspiracy…
TRENTON, N.J. – A New York man today admitted perpetrating a scheme to defraud more than 70 investors through a long-running securities offering fraud that raised more than $4 million and…
The owners of a cryptocurrency company have pleaded guilty to tax evasion, announced Acting U.S. Attorney for the Northern District of Texas Chad E. Meacham. Bitqyck founders Bruce Bise, 60,…
COLUMBIA, S.C. – The Securities Division of the Office of the South Carolina Attorney General is warning investors about a growing number of online schemes in which bad actors are…
NEWARK, N.J. – A Hudson County, New Jersey, man will make his initial appearance today on charges that he defrauded victims by promising to invest their money in a ticket…
Audrey Strauss, the United States Attorney for the Southern District of New York, and Michael J. Driscoll, the Assistant Director-in-Charge of the New York Office of the Federal Bureau of…
Audrey Strauss, the United States Attorney for the Southern District of New York, announced today that BRENT BORLAND, the owner and principal of a New York-based investment fund known as…
SANTA ANA, California – The former pastor of the Westminster-based Church of the Healthy Self was sentenced today to 168 months in federal prison for orchestrating a church-based investment…
Twitter proposed an $800 million dollar settlement agreement to resolve all claims the company misled investors regarding its user and engagement data, the company announced Monday. Twitter submitted the agreement…